#BIDU
The overall trend is upward. The descending wave pattern ended with the breakout of the inclined channel. Moving indicators of the Stochastic Oscillator came out of the oversold zone. Breaking through the price pivot zone of 229.00 will result in the formation of an ascending wave pattern.
Trading idea: …
Tuesday, April 13th, today’s news—American stocks are flat ahead of a key inflation report. China's exports are below the forecast, but imports are better than predicted, the data supports the Asian markets and oil prices, gold weakens, dollar rises from a three-week low, European markets await earnings. The price of Brent oil is …
Gold is under strong pressure as investors wait for the release of US consumer inflation data, which will be presented today. If it shows an increase in inflationary pressure, the pair will continue to drop. At the same time, if it demonstrates its weakening or turns out to …
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