The pair consolidates above 1.1700 ahead of today’s speeches by the ECB’s head Christine Lagarde and the Fed’s head Jerome Powell. From a technical point of view, the pair is hovering over a strong support level of 1.1700, once below, it will enter a local decline.
Technical side:
The …
#BRK.B
The overall trend is upward. The stock is trading in the range of the lower border of the ascending price channel. A start fractal has formed above the 135 moving average. A breakout of the fractal will result in the formation of a 1-2-3 ascending pattern. The moving averages …
Friday, October 16th, today’s news—new car sales in Europe are up 1.1% in September compared to last year. Stocks of EU companies are rising, primarily it's the heavy industry, car makers and luxury goods producers, US markets continue to fall, oil resumed decline, dollar is rising. The price of Brent …
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