The pair is in a short-term uptrend amid the falling crude oil prices as a significant decrease in oil demand is expected in China due to the economic slowdown caused by the new coronavirus. If oil prices remain under pressure, this will also have a negative impact on the Canadian …
The support level of 251.00 held back sellers. Awesome Oscillator shows a bullish divergence, and Stochastic Oscillator signals oversoldness. Buy while an ascending pattern 123 is forming and an inclined channel of the descending structure is breached.
Trading recommendations:
Buy as an ascending pattern 123 is forming.
Stop loss below …
The Sber Bank share started to decline and corrected the bullish track, as the price managed to breach the first support level at the value 257.13 and head to the next level 249.07
The price remains above 250.00 level is a prerequisite for the continuation of the bullish price movement, …
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