Daily reviews

News of the day, Wednesday, April 27

Wall Street indexes fell dramatically yesterday with Nasdaq closing at the lowest level since 2020. Such a steep decline might be connected with investors’ anxiety because of global growth limitations and hawkish Federal Reserve announcements. Tesla slumped 12% after worries that Musk is …

Gold trading settled within a sideways movement at the intraday level, after it reached the target 1890.00.

The price forms a bearish continuation flag pattern, and the price is trying to break it and complete the descending path. Which is confirmed by us by breaking the support level 1890.00, and …

The pound sterling against the dollar fell strongly yesterday, reaching the target 1.2590, thus giving a signal to continue the decline in the medium term, and reaching the target 1.2500 as its first target.

Therefore, the downward path remains the most likely during the coming period. With attention to any …

#F

The share is traded between 365 and 135 moving averages. The descendant wave structure is truncated. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions. The support level 14.55 has formed.

Trading idea:

Buy when the ascendant wave structure forms, where the wave (A) breaches through the …

The general trend is ascendant. The descendant wave structure is finished breaching “the pivot 2 of the wave C”. The currency pair is traded between 365 and 135 moving averages. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions. The support level 99.00 restrains sellers.

Trading idea:

Buy …

Gold makes a bouquet and correction of the strong and descending path that opened the week's trading. Where the prices touched the support 1890.00 and thus achieve all the goals he has in the descending movement, after it reached the main resistance of 1996.00 during the past week, and then …

The pound vs the dollar arrived at 1.2700 and was stretched in an attempt to correct the strong bearish path that constitutes last weekend and the beginning of this week. Where the price fell as a result of the power of the dollar and the main support level is 1.2835, …

The general trend is ascendant. The descendant wave structure is truncated. The currency pair is traded between 365 and 135 moving averages. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions.

Trading idea:

Buy when the ascendant wave structure forms, where the wave (A) breaches through the inclined …

News of the day, Tuesday, April 26

Elon Musk and Twitter came up with the long-awaited deal terms. The social network is to be acquired for $44 billion. Musk, a free speech enthusiast, is going to shift Twitter’s moderation policy just as he announced before. He previously criticized Twitter for …

News of the day, Monday, April 25

Elon Musk, Tesla’s CEO, has met with Twitter’s shareholders over the past two days. He seeks support for his bid to acquire the social network and make it private to grow a genuine platform for free speech. Twitter Inc began the deal negotiations, …