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Industria de Diseno Textil (BM)

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The general trend is ascendant. The descendant wave structures are truncated. Awesome Oscillator indicates bullish divergence, and the moving levels of Stochastic Oscillator left the oversold area.

Trade idea:

Buy when the ascendant wave structure forms where a wave (A) breaks through the inclined channel of the ascendant truncated …

The economy is all a blur

News for today, Thursday, January 27

The International Monetary Fund warns about new rate hikes soon. Such an urge to tackle the inflation problem is partially connected with governments striving to restore their economies. Even when a policymaker like Jerome Powell of Fed announces a smooth transition, risky stocks are …

GBP/USD currency pair analysis 27.01.2022

The GBP/USD pair managed to break the 1.3460 level and now settles below it, which supports the continuation of the expected bearish trend scenario effectively in the upcoming sessions, paving the way for achieving more negative targets that start at 1.3400 and extend to 1.3310 after surpassing the previous level. …

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