Dovish sentiment on the pound with clear downtrend. Dollar is still really strong at the moment and Brexit is still up in the air. Important support around 1.2965 that could be tested soon, if it breaks we could see more drop. As far as indicators, ma cross on the 4hr chart and RSI shows sign of downtrend continuing. Sentiment traders are bearish as well
After an impressive rally for the pound for the past 10 days , immediately after the parliament vote on the Brexit deal, the pair has reached some key levels. It is currently trading at 1.310493 right at resistance level. Currently the pair is overbought according to the MACD and RSI indicator. I expect the pair to have a pull back from this level and get close to...
MU closed with a solid bullish sign.The stock closed above the 50 day moving average today. Also the RSI is still low around 40% , and MACD is about to cross the signal line for a strong buy opportunity. Plus the trend looks like a solid upward trend, which makes this stock a good buy opportunity
