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The general trend is ascendant. The descendant wave structure is truncated. Awesome Oscillator indicates bullish divergence. A double-bottom candlestick pattern formed.

Watch EUR/SEK online

Trading idea:

Buy when the 10.3533 level is breached.

Stop-loss: 10.2520.

Target levels: 10.4680; 10.8800.

News of the day, Tuesday, April 12

While the Ukraine conflict is likely to escalate, European inflation climbs steeply. As investors consider soon key central banks meetings, European stocks trade sharply lower on Tuesday. DAX in Germany decreased by 1.9%, the UK’s FTSE 100 declined by 0.9%, and CAC 40 …

Gold continues to rebound upwards and reached the upper limit of the sideways movement within which it has been moving for four weeks and is trying to breach the main resistance 1953.80. Therefore, it can be considered that gold achieved its initial gains. We await the price's behavior around the …

There is nothing new about the movement of the pound sterling against the dollar, as it continues its bearish movement after it managed to breach the support level 1.3060 and reached the next target 1.3000, where trading settled near it. Therefore, the opportunity exists for the continuation of the descending …

#INTC

The descendant wave structure is truncated. Possibly, the descendant wave structure is a correction wave (B) of the ascendant structure of the major wave level. Awesome Oscillator indicates bullish divergence.

Trading idea:

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

The general trend is descendant. The ascendant wave structure is truncated. Awesome Oscillator indicates bearish divergence, and Stochastiс Oscillator signals overbought conditions.

Watch USD/CAD online

Trading idea: sell when the descendant structure forms, where the wave (A) breaches through the inclined channel of the ascendant truncated structure.

Stop-loss is over …

Gold continues to rebound to the upside and is approaching the upper limit of the sideways movement within which it has been moving for four weeks and is approaching the main resistance 1953.80.

The moving averages form a support level and pressure the price to try to rise, as it …

The British pound against the dollar continues its bearish movement after it managed to breach the support level 1.3060, and reached the next target 1.3000, where trading settled near it. Therefore, the opportunity exists for the continuation of the descending path towards the next support 1.2950, as the price's success …

#MCD

The ascendant wave structure is truncated. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator signals overbought conditions.

Trading idea:

Sell when the descendant wave structure forms, where the wave (A) breaches through the inclined channel of the ascendant truncated structure.

Stop-loss: 255.60.

Target levels: 236.31; 218.00.

The general trend is ascendant. The descendant wave structure is truncated. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions. The currency pair is traded in the lower border span of the ascendant price channel.

Watch AUD/CAD online

Trading idea:

Buy when the ascendant wave structure forms, where …