The pair remains above the strong support level of 1.2135, but there is a high probability of its drop if the risk appetite in global markets continues to decline.
Technical side:
The price is located below the middle Bollinger band, below SMA 5 and SMA 14. Movings give a …
#MSFT
The overall trend is upward. The stock is trading in the range of the lower limit of the ascending price channel. The descending pattern of the H1 level is currently truncated. A bullish divergence has formed on Awesome Oscillator, and the moving averages of Stochastic Oscillator are near the …
The overall trend is downward. The ascending pattern of the H8 level is truncated. A bearish divergence has formed on Awesome Oscillator. The inclined channel of the ascending pattern of the H8 level is broken. Breaking through the support level of 0.8854 will result in the formation of a …
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