AT&T shares rose 2.34% to $37.14 on Wednesday morning after the company announced a $4 billion share buyback program beginning in April and said it was confident of achieving its 2020 targets and long-term prospects. Today we will conduct technical analysis of AT&T shares:
Technical Analysis of USD/CAD Today 05.03.2020 at 17.45 GMT, the Head of Bank of Canada Stephen Poloz is expected to speak. Closer to the evening the volatility on USD/CAD is expected to increase. Traders will closely follow the speech of the Head of Bank of Canada in order to recognize the signals as to how the Central Bank will behave under the threat of coronavirus spreading. Pivot - 1.3380
The price above 200 MA, indicating a growing trend. The MACD histogram is above the zero lines. The oscillator Force Index is above the zero lines. If the level of resistance is broken, you should follow the recommendations below: Timeframe: H4 Recommendation: Long Position Entry Level: Long Position 1653.00 Take Profit Level: 1670.00 (1700 pips) If the price rebound from resistance level, you should follow the recommendations below: Timeframe: H4 Recommendation: Short Position Entry Level: Short Position 1632.00...
The price is below the moving average of 20 MA and MA 200, indicating the downward trend. MACD is below the zero levels. The oscillator Force Index is below the zero levels. If the level of support is broken, you shall follow the recommendations below: • Timeframe: H4 • Recommendation: Short Position • Entry Level: Short Position 106.50 • Take Profit Level: 103.50 (300 pips) If the price rebound from a support level, you shall follow the recommendations below: • Timeframe: H4 • Recommendation:...
The price is below the moving average of 20 MA and MA 200, indicating the downward trend. MACD is below the zero levels. The oscillator Force Index is below the zero levels. If the level of support is broken, you shall follow the recommendations below: • Timeframe: H4 • Recommendation: Short Position • Entry Level: Short Position 1.2190 • Take Profit Level: 1.2100 (90 pips) If the price rebound from a support level, you shall follow the recommendations below: • Timeframe: H4 • Recommendation:...