#T
The price is approaching the support level of 28.31, which is the lower limit of the flat zone. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold condition.
Trading idea:
Buy from the support level 28.31.
Stop Loss: 28.00.
Target levels: 28.91; 30.07; 31.24.
USDCAD
The pair is consolidating at the level of 1.2680. It’s under pressure amid the weaker US dollar and higher crude oil prices, which supports the Canadian commodity currency.
Technical side:
The price is located below the lower Bollinger band, below SMA 5 and SMA 14. RSI is below the …
Wednesday, February 10th, today’s news—Asian markets hit record highs on strong earnings reports and hopes of new US stimulus, China's stocks rise. American and European markets are also up on earnings reports, the dollar weakens as optimism of economic recovery grows, bitcoin hits new highs. The price of Brent oil …
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