Sber Bank managed to get out of the bearish channel which was trading at the end of last week's trading.
The price is moving above the 7-20 MAs that form support levels while the 50 MA remains resistance levels.
Stochastic is near the overbought zone on an uptrend near this …
USDJPY has resumed its negative trading after testing 106.70 in the previous sessions, and starts to press 106.06, waiting for the breach to confirm opening the way towards 105.05 which is the next major target.
Therefore, the bearish scenario will remain valid during the upcoming sessions unless 106.70 is breached …
EURUSD
The pair is consolidating above 1.0980 amid the disagreements in the ECB over the monetary policy.
The price is below the middle Bollinger, below SMA 5 and SMA 14. RSI is located in the oversold zone and moves horizontally. Stoch are not informative.
Trading recommendations:
Sell the pair with …
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