News of the day, Thursday, June 23
European stock futures slid today, with DAX futures down 0.3%, CAC 40 futures lower by 0.3%, and FTSE 100 futures by the same 0.3%.
The U.S. dollar edged higher today, with the Dollar index up 0.4%, EUR/USD down 0.2%, and GBP/USD down 0.4%. …
#BA
The trend is descendant. The ascendant wave structure is truncated. Stochastic Oscillator signals overbought conditions. The inclined channel of the ascendant structure is breached.
Trading idea:
Sell when level 133.24 is breached.
Stop-loss: 141.00.
Target levels: 126.89; 113.40.
The EUR/USD pair was able to settle above the resistance level at 1.0550 after the bullish movement that was formed with the closing of yesterday's trading. Therefore, the bullish scenario continues, and the initial targets will be 1.0600 and then 1.0645. With the support of the moving averages, the bullish …
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