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USDJPY analysis 19.08.2020

The US dollar fluctuated in a narrow range slanting to an upside during the Asian session, to witness its rebound from its lowest since late July, when it tested its lowest since March 12 against the Japanese yen after developments and economic data that we followed on the Japanese economy …

Sber Bank stock analysis

Sber Bank stock continues moving within the ascending channel, where it managed to breach the resistance (233.10) as we can see in the chart, and settled above it, after it broke the previous resistance 215.70 and confirmed its break.

The current price action is between the support level 233.10 and …

Trading ideas for Industria de Diseno Textil (BM) 18.08.2020

#ITX (BM)

The overall trend is upward. A false breakout of the support level of 70.30 has formed, after which a hammer (a reversal candlestick pattern) has formed. Awesome Oscillator indicates a bullish divergence, while Stochastic Oscillator has been indicating an oversold condition for a long time.

Trading recommendations:

Buy …

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