AIG recently reversed up from the support area lying between the strong support level 52.30 (which reversed all downward corrections form June), support trendline from December of 2018 and the lower daily Bollinger Band.
The upward reversal from this support area created the daily Japanese candlesticks reversal pattern Morning Star – standing outside of the lower daily Bollinger Band.
AIG is expected to rise further and retest the next resistance level 58.00 (monthly high and the top of the previous impulse wave (5) from September).
The monthly ADP labour market report showed that America created 192K new jobs in April, above…
Bears showed strength ahead of the FOMC decision. U.S. indices sagged on Tuesday as investors…
Market Picture Bitcoin's closing price on Tuesday became the lowest since late February, confirming the…
- Ebay under the bearish pressure - Likely to fall to support level 51.00 Ebay…
- GBPAUD reversed from key support level 1.9135 - Likely to rise to resistance level…
Silver has lost 2.6% since the start of the day on Tuesday to $26.4 per…
This website uses cookies
