News of the day, Tuesday, 11 January
Asian market continues smooth descent after Japanese stocks finished holidays – Nikkei 225 decreased 1.28% on the first day. China and South Korea follow up: KOSPI down by 0.44% and Shenzhen Component by 0.29%. Such a negative trend is associated with COVID-19 …
News of the day, Monday, January 10:
While Omicron spread continues to affect global economy, protests in Kazakhstan cause noticeable shifts in markets. For instance, oil prices increased 5% after Kazakhstan logistics interrupted. At the same time, Libyan oil industry decreased production significantly (1.3 million bpd last year to …
The overall trend is descending. The currency pair is traded in the descending price channel. The moving averages of the Stochastic Oscillator are not far from the Overbought area.
EUR/GBP rate online: the price movement in real time.
Trading idea:
Sell from the resistance level 0.8550 and the upper edge …
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