The pair is forming the “rising flag” trend pattern after the breakout of 0.6575. The expected decline in demand for commodity assets due to the drop in economic activity around the world because of COVID-19 is weighing on the pair. If this market sentiment persists the price will drop …
Monday, October 19th, today’s news—China's GDP grew 4.9% in Q3, less than the predicted 5.2%. This is weighing on the markets, oil and gold are down, but the overall trend is positive due to other factors: expectations of vaccine until the end of the year, stimulus hopes in the US, …
Aeroflot continues its descending path after breaching the support 68.30 and moving towards the level of 50.60, which is the target for the downside movement.
The price continues to move below the moving averages 507-20- which move in a bearish order above the price near the resistance level 68.31-78.50 and …
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