Amazon is trying to rebound after the decline in the last three sessions as the stock approached the 1591.40 support level and rebounded.
The moving averages were 50-20 support for the price at the mentioned level.
We see a positive cross between the two averages which is a positive sign …
EURUSD
The pair is trading below 1.1335, while remaining under pressure due to slower growth of the EU economy and inflation, which means that the ECB is not likely to risk hiking interest rates in the foreseeable future.
The price is below the middle Bolliger bands, above SMA 5, but …
EURUSD
The pair is trading within the narrow range of 1.1335-1.1400 as the ECB monetary policy meeting results are expected to be revealed. It’s most likely to drop to the lower end of the range, while remaining inside of it.
The price is above the middle Bollinger band, below SMA …
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