The currency pair is trading in the range of the lower border of the ascending price channel. Awesome Oscillator indicates a bullish divergence. A breakout of 0.6642 will result in the formation of an ascending wave pattern within the ascending price channel.
monitor the price movement …
The increasing demand for safe haven assets, including the dollar, weighs on the pair. If the market sentiment doesn’t improve, which is unlikely, the pair will resume falling amid the second wave of COVID-19 in Europe and the uncertainty around the presidential election in the US.
Technical side:
The …
Thursday, October 29th, today’s news—combined market value of American tech giants dropped $270 in the last two days, but the markets start to rebound. Dow went up 200 points, European markets rise slightly on positive earnings, Shell increased dividends after reporting better-than-expected profits, but oil is still falling, dollar is …
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