Thursday, September 24th, today’s news—Jerome Powell called for more fiscal stimulus in his speech in Congress. European markets are lower due to the escalating pandemic outbreak and the pessimism over the global economic recovery, the Asian and American markets show similar trends, the dollar is stronger amid the crisis. The …
#MT
The stock is trading in the range of 365 and 135 moving averages. Awesome Oscillator indicates a bullish divergence. Stochastic Oscillator indicates an oversold condition.
Trading recommendations:
Buy strictly when the descending wave pattern is completed by the formation of an ascending pattern, where the wave (A) breaks through …
The pair remains under pressure amid falling demand for risk assets. The dollar is supported by the fears of new COVID-19 restrictions, pre-election tensions in the US, and an evident slowdown in the global economic recovery.
Technical side:
The price is below the middle Bollinger band, below SMA 5 …
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