The pair remains in a narrow range of 1.1750–1.1915. The pair is supported by the positive German PPI release.
Technical side:
The price is above the middle Bollinger band, above SMA 5 and SMA 14. Moving Averages intersect and suggest buying. RSI is above the 50% level and growing. …
#CBK
The overall trend is upward. The stock is trading in the range of the lower border of the ascending price channel. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator indicates an oversold condition.
Trading recommendations:
Buy when a 1-2-3 ascending pattern is formed, where wave 1 breaks through …
Thursday, September 17th, today’s news—eurozone banks get 73 billion euros in pandemic relief from the ECB. The Fed plans no rate hikes until 2023, the news sent the American and European markets falling, the dollar is stronger. The price of Brent oil is $42.11, WTI—$40.02. EUR/USD is at 1.1795 GBP/USD—1.2972, …
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