Cisco share continues to move below the support level of 38.50, where it closed last week's trading below this level, in continuation of its bearish path.
The trades stabilized below the MA 50, which is pressuring the price for a further decline, which supports expectations for further decline in the …
The descending M30 level pattern is truncated. A bullish divergence has formed on Awesome Oscillator, while a Stochastic Oscillator signals an oversold condition. A breakout of the round secondary level of 1.2980 will result in the formation of an ascending wave pattern.
monitor the price movement …
The pair is trading above 1.1730 in anticipation of the US presidential election result, as well as the Fed’s monetary policy meeting. The pair will be supported by the final election results and the Fed’s soft monetary policy.
Technical side:
The price is located above the middle Bollinger band, …
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