TECH100 Would Have A Ahance To Rebound-trusted trading apps malaysia

trusted trading apps malaysia–HXFXglobal reminds you:

Ukraine Might Shift One’s Ground, TECH100 Would Have A Ahance To Rebound.

The EU opposes sanctions on Russian energy, and there may be room for progress in the Russia-Ukraine negotiations. The TECH100 is expected to a bullish perspective.
【Strategic】
Aggressors are recommended to consider marginal Long around the price of 13,200. Take profit at 13,420, and Stop Loss at 13,100. Non-Aggressors are advised to wait for better entry.
【News】
U.S. President Joe Biden announced on Tuesday a ban on the import of crude oil and other energy from Russia, protesting Russia’s invasion of Ukraine. The war between Russia and Ukraine has not stopped, but the two sides have reached a consensus on the establishment of a humanitarian corridor for civilians to evacuate. In addition, after the third round of negotiations, the Ukrainian President seems that he intends to make concessions on the two demands of recognizing the sovereignty of Crimea and maintaining neutrality by not joining NATO. He also mentioned that the governance model of the two regions of Donetsk and Luhansk can be negotiated. At the same time, many EU countries are opposed the sanctions against Russia. The energy import ban and the conflict between the two countries have not expanded further, which may ease the short-term panic in the market. The market’s concerns about prices went high and restraining economic growth have helped the TECH100 to stabilize and rebound.
【Technical】
In Day chart, below 5, 10, 20, and 60MA, the short-term is weak and oscillating. In H4 chart, KD is having a golden cross and MACD negative column is decreasing. The momentum of the bearish trend is weakening. Please do wait for the price to rebound, and it is recommend to place a buy order with light position.
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