17.09. Fresh trading analysis: U.S. retail sales increase. Medical gloves are in no demand now

Friday, September the 17th, today’s news – strong U.S. data on retail trade and consumption ensures the dollar’s three-week high. In response to this, Asian and European markets stabilize and are about to rise. The demand for medical gloves provided by Malaysian Top Glove Corp plummets: it announced a 48% drop in its 4th-quarter gains. As the manufacturer says, vaccines contribute greatly to normalizing the demand. The price of Brent oil is $75.37 per barrel, WTI — $72.25. EUR/USD is at 1,1774, GBP/USD — 1,3794, gold is at $1.760,65 per ounce. 

Trading idea for The Kraft Heinz Company (NASDAQ)
#KHC
The overall trend is ascendant. The stock is trading in the range of 365 and 135 moving averages. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold conditions. The support level of 35.40 holds the sellers back.

Trading idea:
Buy on the breakout of 37.39.
Stop Loss: 35.40.
Target levels: 39.63; 41.00; 44.23. 

GBPUSD  analysis 
GBPUSD
The overall trend is ascendant. The currency pair is trading in the range of 365 and 135 moving averages. The descending wave structure of the H2 level is truncated. The Stochastic Oscillator signals oversold conditions.  

GBPUSD rate online: monitor the price movement in real time. 
Trading idea: 
Buy when the ascending wave pattern is formed where the wave (A) breaks through the inclined channel of the descendant truncated pattern. 
Stop Loss is 1.3760. 
Target levels : 1.3890; 1.3980.