Cisco managed to rise and surpass 49.05 resistance level and stabilize above it which is the 50% Fibonacci retracement rate.
Moving averages 20-50 form support levels near the previous level and shift prevented it from falling and breaching support.
The stochastic was moving within overbought territory and started to exit …
The Australian dollar rose during the Asian session to witness its bounce for the second session from the lowest since 11 December last, and to promise to end its longest march of daily losses in six months against the US dollar after the developments and economic data that it followed …
The pair is trading above the level of 1.3090 in anticipation of the ECB's final decision on monetary policy, especially the speech of its head Christine Lagarde, who is expected to announce the updated monetary policy of the Bank.
The price is at the level of the middle line of …
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