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Trading idea for BNP Paribas SA (EURONEXT)


#BNP

The share is traded between 365 and 135 downbound moving averages. The trend continuation figure “pennant” is forming. Awesome Oscillator indicates bearish divergence, and moving levels of the Stochastic Oscillator are close to the overbought area.

Trading idea:

Sell after the price holds below the mirror level of 49.760, …

EUR/GBP currency pair analysis


The trend is ascendant. The currency pair is traded between 365 and 135 moving averages. The descendant wave structure is truncated. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions. The inclined channel of the descendant truncated structure is breached.

Trading idea:

Buy when the ascendant wave structure …

The crypto market continues to collapse


News of the day, Friday, May 13

Jerome Powell, the Fed’s Chairman, has warned that control over inflation might cause some economic problems yet it remains his main priority.

As the collapse of TerraUSD stablecoin rippled through the markets, Bitcoin has plummeted to nearly $30000 as well as the majority …

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