The overall trend is downward. The 0.6210 resistance level is holding back buyers. The ascending H4 level pattern ended with a breakout of the inclined channel. Awesome Oscillator shows bearish divergence, while Stochastic Oscillator signals overboughtness. Breaking through the support level of 0.6080 will result in the formation of …
Oil prices continue to update the lows, and the problem is no longer in the inability or unwillingness of the OPEC+ countries to agree on a reduction in oil production, but in the low demand due to the global quarantine measures in response to the COVID-19 pandemic outbreak.
The …
The COVID-19 situation forces investors to exercise caution, which is expressed in limited purchases and sales of assets. The factor of uncertainty still hangs over the markets. The expected extremely weak US employment data from ADP today and from the Department of Labor on Friday puts pressure on the …
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