Gold achieved its first target and reached the support level of 1827.20 in an attempt to break this level and return to the descending path, with negative pressure from the technical indicators, as the moving averages are negatively pressing the price as it is within a bearish formation above the …
News of the day, Tuesday, June 21
Oil prices rose today with Brent crude futures up 0.7%, adding to yesterday’s gain of 0.9%. WTI crude futures rose 1.5% from Friday’s close.
Stocks rose on Tuesday after a steep selloff. MSCI’s broadest index of Asia-Pacific outside Japan rose 1.3%, and Nikkei …
The general trend is descendant. The currency pair is traded between 365 and 135 moving averages. The ascendant wave structure is truncated. Awesome Oscillator indicates bearish divergence. The inclined channel of the ascendant truncated structure is breached.
Trading idea:
Sell when level 1.0513 is breached.
Stop-loss: 1.0546.
Target levels: 1.0445; …
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