The overall trend is upward. The price pivot zone of 92.56 restrains sellers. Awesome Oscillator indicates a bullish divergence, while Stochastic Oscillator indicates an exit from the oversold zone and the moving averages of the indicator are directed upwards. A breakout of the resistance level of 97.87 will result …
The pair is trading at the neckline of the "double top" reversal pattern, remaining under pressure following the RBNZ monetary policy decision, while the US dollar gains as a safe haven currency.
Technical side:
The price is located below the middle Bollinger band, below SMA 5 and SMA 14. …
Tuesday, September 22nd, today’s news—major aircraft maker Airbus may cut up to 15,000 jobs worldwide. European markets are recovering after the pandemic-related negativity, Germany's recovery is to shrink 5.2% this year, the dollar is stronger as a safe haven currency. The price of Brent oil is $41.98, WTI—$40.03. EUR/USD is …
Don't have your language?
