The pair remains under pressure due to a number of negative factors. This is the impact of the 2nd COVID-19 wave pandemic, the situation around Brexit, as well as uncertainty of the unattainable agreement on economic incentives between Democrats and Republicans in the US before the presidential election. These …
The stock is trading in the range of 365 and 135 moving averages directed up and the lower border of the ascending price channel. Stochastic Oscillator indicates an oversold condition, while Awesome Oscillator indicates a bullish divergence.
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Thursday, October 22nd, today’s news—Germany reported weak consumer sentiment data. European and American markets decline amid the lack of progress in the new stimulus deal in the US, dollar is stronger, oil and gold are down. The price of Brent oil is $41.86, WTI—$40.16, EUR/USD is at 1.1838, GBP/USD—1.3088, gold …
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