The pair is trading below the level of 1.1075 due the weaker yields of US treasuries, while the short positions are closing en masse in anticipation of ECB head Christine Lagarde's speech this Friday. She is expected to reveal both her own and the regulator's attitude regarding the bank's future …
The currency pair is traded at the upper boundary of the descending price channel and at the upper boundary of the Ichimoku cloud. The Stochastic Oscillator indicator signals oversoldness.
Trading recommendations:
Buy strictly while the descending structure is forming, where the wave (AU) breaks through the inclined channel of the …
Trading ideas for Alcoa Corp. (NYSE)
The support level of 20.40 held back sellers. The stock is trading in the range of 365 and 135 moving averages directed upwards. The Stochastic Oscillator indicator signals oversoldness. Breaking through the resistance level 21.20 will result in the formation of an upward pattern …
Don't have your language?
