The technical figure Ascending Triangle can be found in the daily chart in the Dutch company Aegon N.V. (AGN.as ). Aegon N.V. is a Dutch multinational life insurance, pensions and asset management company headquartered in The Hague, Netherlands. As of July 21, 2020, the company had 26,000 employees. Aegon is listed on the Euronext Amsterdam and is a constituent of...
EURGBP
I ntraday - We look to Buy at 0.8750 (stop at 0.8685)
We are trading at overbought extremes. A lower correction is expected. The bias is still for higher levels and we look for any dips to be limited. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher.
Our profit targets will be 0.8935 and 0.8960...
The coronavirus infected the markets last week, amid fears of a potential worldwide major
outbreak and the possible effect that may have on the economy.
In one week, price fell by over 10% which is a sharp decline in such a short space of time.
The fall was only saved by a strong previous level of resistance turned support,
formed from the high of 17th February...
