The US stock market reacted positively to the Fed's decision to lower the interest rate by 0.5%. The US IT sector proved to be the most resistant to Covid-19.
The general trend is upward. Support level 53.70 is holding back bears. A breakthrough of 59.00 will result in the formation …
The general trend is downward, which is confirmed by 365 and 135 moving averages. The round intermediate range of 0.8450 holds back buyers. A bearish divergence is forming on Awesome Oscillator, and Stochastic Oscillator signals overboughtness.
Trading recommendations:
Sell strictly while a downward wave pattern is forming, where wave A …
Gold is consolidating in the narrow range of 1631.60–1649.25. This dynamic may continue today as the investors wait for the developments concerning the new coronavirus, the US presidential election, the US employment data to be published on Friday.
The price is above the middle Bollinger band, above SMA 5 and …
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