Daily reviews

#FB

The general trend is descendant. The share is traded between 365 and 135 moving averages while testing 365 EMA. Awesome Oscillator indicates bearish trend, and Stochastic Oscillator signals overbought conditions. The ascendant wave structure is truncated.

Trading idea:

Sell when the descendant wave structure forms, where the wave (A) …

The currency pair is traded in the flat’s lower border span. The descendant wave structure of M30 level is truncated. Awesome Oscillator indicates bullish divergence. The entering point on “on the rebound B” is forming.

Watch USD/CAD online

Trading idea:

Buy when the ascendant wave structure forms, where the wave …

News of the day, Monday, April 4 

Jet fuel prices are surging on the US East Coast, where the busiest airports are located. Since the start of the invasion in Ukraine, the USA and its allies have been imposing heavy sanctions on Russian industry, leading to energy resources supply concerns …

Gold trading is settling around the support 1921.60 with the beginning of the current week's trading, and the price is trying to pressure the support level to breach it and start a descending path towards the next support 1909.00.

The moving averages are pressing the prices for more decline, as …

The movement of the pound sterling against the dollar continues to decline, as it opened the week’s trading below the support level 1.3127, therefore, there is an opportunity to continue the descending path towards the next support 1.3000, as the price’s success in stabilizing below the 1.3180 level increases the …

#BA

The general trend is descendant. The ascendant wave structure is truncated. Awesome Oscillator indicates bearish, and Stochastic Oscillator signals overbought conditions. The share is traded between 365 and 135 moving averages and upper border of the descendant price channel. The inclined channel of the ascendant truncated structure is breached. …

The trend is ascendant. The currency pair is traded between 365 and 135 moving averages. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions. The inclined channel of the descendant truncated structure is breached.

Watch EUR/GBP online

Trading idea:

Buy when the level 0.8435 is breached.

Stop-loss: 0.8407. …

News of the day, Friday, 1 April

S&P 500, the global American stock index, fell 1,57% today, finishing its worst quarter since the start of the pandemic, as the investors are generally concerned about military tensions in Europe, soaring commodities prices and red-hot inflation. Together with S&P 500, Nasdaq decreased …

Gold price was able to rebound from the support level and rise to the first resistance level 1935.00 and settle in trading there temporarily, but it generally remains within the sideways movement range at the intermediate level between the support 1926.70 and the resistance 1953.80.

The price stability above the …

There is nothing new about the movement of the GBP/USD pair, as it continues its bearish path after testing the resistance level 1.3180 and failed to breach it, to rebound downwards towards the 1.3127 support and settle there in an attempt to breach it and confirm the bearish path that …