The pair remains in a short-term downtrend amid the fundamental weakness of the US dollar and the return of oil prices to recent local highs. If this trend continues, the pair will continue to fall.
Technical side:
The price is below the lower Bollinger band, below SMA 5 and …
Aeroflot stock attempted to test the resistance at 86.50 by the end of last week's trading, but it failed to breach this level. The stock returned to the sideways movement it was trading in during the past two weeks, as it tested the key support level of 78.50, which is …
The Australian dollar against the US dollar will resume its positive trading, surpassing the 0.7170 level and settling above it, which re-activates the main bullish trend scenario, on its way to test the recently recorded top at 0.7243 initially, waiting for the breach of this level to pave the way …
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