AlexandruCiocoiu

AlexandruCiocoiu

Judging the above S&P 500 Index weekly chart from a technical perspective the following can be taken into account: * the graph is beginning to print out a possible head and shoulders patern that could materialize into a meltdown to its neckline (highlighted in red) – 2100$ range and even lower afterwards; * the 50 and 200 Moving Averages...

AlexandruCiocoiu

Here's my take on USD/RON evolution: Looking at USD/RON chart the following may be taken into account, from a technical perspective: * USD has been on an ascending channel (highlighted in gray) vs RON starting Apr'18; * the 50 day Moving Average (MA) highlighted in dark green has been acting as support since then - 4.5 range; * the 200 day MA (light green) is...