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Trading ideas for the Bank of New York Mellon Corp. (NYSE) 20.05.2020

The 33.93 support level is holding back buyers. Stochastic Oscillator signals oversoldness. If the price fixes above the resistance level of 33.93, it will have an opportunity to grow within the range of a “specialist trap”—a reversal level of 37.80.

Trading recommendations:

Buy above 33.93.

Stop loss under the …

GBPUSD technical analysis 20.05.2020

The pair signals the possibility of a downward turn amid the reduced risk appetite in the markets, increased demand for the US dollar, as well as weak consumer inflation data in the UK published this morning.

Technical side:

The price is above the middle Bollinger band, below SMA 5 …

Trading ideas for Boeing Co. (NYSE) 19.05.2020

The US stock market is recovering after the pandemic-induced collapse. The US are gradually easing the quarantine measures, which has a positive impact on the economy.

The price pivot zone of 136.0 is holding back buyers on the Boeing chart. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator …

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