#CL
The support level of 77.75 is holding back sellers. The overall trend is upward. The descending construction is truncated. A Bullish divergence is formed on Awesome Oscillator, and the Stochastic Oscillator signals oversold conditions.
Trading idea:
Buy when an ascending wave pattern is formed, where the wave (A) breaks …
The pair is trading just below 1.2150, receiving some support amid weaker US dollar due to the expectations of large-scale measures for the US economic recovery by the Congress at the end of this month.
Technical side:
The price is located above the middle Bollinger band, above the EMA …
Monday, February 15th, today’s news—global markets hit new highs on vaccination and economic recovery. Nikkei closes at over 30,000, oil prices hit 13-month high on possible Middle East tensions, dollar weakens. The price of Brent oil is $63.24, WTI—$60.55, EUR/USD is at 1.2142, GBP/USD—1.3900, gold is $1,818.30 per ounce. Read …
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