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Cisco stock analysis

 

 

 

Cisco rose, and was able to confirm the breach of the resistance level at 49.00 and rise above the previous high, thus confirming the bullish path after the decline that formed the first of this month.

The price is trading above the moving averages 20-7-50, which form …

GBPUSD technical analysis

The pair broke out of the range of 1.3800–1.4000 on the strong dollar as the inflation in the US is expected to soar above the target of 2.0% as early as this year. However, the pair is expected to recover technically due to its oversold condition before it can …

24.03. Fresh trading analysis: markets continue to fall, dollar strengthens

Wednesday, March 24th, today’s news—markets continue to fall amid the doubts over economic recovery and lockdown concerns. European and Asian stocks are trading at two-week lows, investors await PMI release in Europe, oil bounced back, dollar strengthens as a safe haven currency. The price of Brent oil is $62.55, WTI—$59.40, EUR/USD …

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