#BA
Workers at the Boeing aircraft manufacturing concern begin a strike on August 1. The workers' main demands are to increase their pension contributions and change several clauses in their labor contracts. This will lead to a partial or, in some cases, complete stoppage of production.
The general trend is …
The general trend is descending. The ascending wave structure of the H4 level is truncated. The currency pair trades in the range of the upper border of the descending price channel. The Awesome Oscillator indicator has bearish divergence, and the Stochastic Oscillator signals overbought conditions.
Trading idea:
Sell on the …
Oil prices rose for a second day as concerns about supply tightening increased. Brent crude futures rose 1.6%, and WTI crude futures rose 1.5%.
Key tickers:
Brent: 102.14 — strong buy.
WTI: 98.61 — strong buy.
NG: 8.686 — strong buy.
The dollar was down …
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