Monday, February 22nd, today’s news—global markets fall amid the general caution. Investors monitor the rising inflation, lockdowns, vaccination, the upcoming speeches of Jerome Powell and Christine Lagarde are in focus, oil prices rise on the US output slowdown. The price of Brent oil is $62.69, WTI—$59.64, EUR/USD is at 1.2108, GBP/USD—1.4019, …
The dollar versus yen pair continued to decline to test the most important support 105.20 and start rebounding up from there, as the moving average 50 formed a good support to protect the price from incurring more losses, while the stochastic indicator provided positive signals on the four-hour time frame. …
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The Australian dollar against the US dollar provided additional strong positive trades to reach a difference of a few points from our extended target of 0.7915, and some slight bearish tendency appears affected by the negativity of the stochastic indicator, waiting for a positive momentum that contributes to …
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