Stochastic

Stochastic

Stochastic indicator evaluates the market’s momentum and compares the current price with a price range between the high and low during the chosen time period. Stochastic is measured in % from 0 to 100. The indicator is represented by 2 lines: the main %K (solid green line) and the supplementary %D (red dashed line). %D is the moving average of %K. Buy when % K (green) crosses % D (red) from the bottom up below or near 20. Sell ​​when % K crosses % D top down above or near 80.

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America will probe German and Japanese car makers over alleged patent violations

America’s on the verge of starting an investigation into whether thermoplastic components utilized in some Japanese as well as German vehicles sold in the country violate its patent laws or not…

Gold edges down toward 3-week minimum after Congress hits spending deal

On Monday, gold headed south in European trade, making its way toward a three-week minimum after American congressional leaders came to an agreement to fund the government via the fall, thus easing worries as for a shutdown of the federal government…

Crude edges down in Asia on Caixin PMI

On Tuesday, crude prices traded weaker because a poll on Chinese manufacturing came in weaker than expected and market participants looked ahead to American inventories on oil as well as refined products to set the overall tone…

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