News of the day, Tuesday, June 28
Oil prices jumped today as G7 nations have announced to strengthen sanctions against Russia. Brent crude futures rose 1.21%, and WTI crude futures were up 1,2%.
Stock indexes rose around the globe as China eased quarantine requirements. MSCI’s broadest index of Asia-Pacific outside …
#BA
The trend is descendant. The ascendant wave structures are truncated. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator signals overbought conditions. The pivot 2 of wave C of the ascendant structure is breached.
Trading idea:
Sell when level 136.08 is breached.
Stop-loss: 142.00.
Target levels: 130.20; 113.50.
The EUR/USD pair was able to confirm the breach of the resistance level 1.0550 and is moving steadily towards the next target 1.0600, with positive support from the moving averages. But we should pay attention to the negativity of the stochastic indicator, due to which we are likely to witness …
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