Google shares return to the channel, which was traded after the jump formed by the past two weeks. To open today with a bearish price gap.
The 20 MA is a support level near the 38.2 Fibonacci retracement level.
The price action is under the positive pressure of the 20-50 …
EURUSD
The pair is consolidating in a narrow range in anticipation of the release of data from ZEW for Germany in the Eurozone, as well as updated values of consumer inflation in the US.
The price is below the middle Bollinger band, below EMA 5 and SMA 14. RSI moves …
AUDUSD is beginning to bounce lower after testing the 0.6830 level, and we note that Stochastic has lost its positive momentum to move around overbought areas, supporting the chances of resuming the main bearish trend, targeting 0.6700 then 0.6625 as the next major stops.
From here, our bearish outlook will …
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