Daily reviews

News of the day, Tuesday, April 19

Gold rises as investors strive for a safe-haven asset amid intensifying military assault in Ukraine and soaring U.S. inflation and recession risks. Gold has reached 6-week highs trading slightly below $2000. At the same time, the Dollar Index broke above 100 for the …

Gold started correcting the bullish path after reaching the target 1996.00 and is currently retreating to the support 1975.00 at the lower end of the ascending channel within which it is moving.

The price is moving around the 20 average, which constitutes its first support levels. The 50 average is …

The pound sterling against the dollar continues its bearish movement after the bullish rebound movement that formed at the end of last week, where trading is stable around the support level 1.3000, after it reached the resistance 1.3130 last week, and then formed a bearish movement below the support 1.3060, …

#BIIB

The trend is descendant. The ascendant wave structure is truncated. The resistance level 217.92 restrains buyers. The share is traded between 365 and 135 moving averages. Awesome Oscillator indicates bearish divergence.

Trading idea:

Sell when the descendant wave structure forms, where the wave (A) breaches through the inclined channel …

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

Watch GBP/NOK online

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: 11.5390. …

News of the day, Monday, April 18

Inflation in Germany will remain at a level of 7-8%, as Deutsche Bank Vice President Karl von Rohr said. He predicts that the restriction of Russian energy sources would cause an increase to more than 10%. "Our forecast is that we will be …

Gold opened the week's trading on a strong rebound movement to the top, surpassing the top of 1980.00 that it formed last week, in an attempt to reach the main target 1996.00 and then the levels of 2000.00.
The moving averages support the price to rise further, as it is …

The pound sterling dollar pair returns to the bearish movement after the bullish rebound movement that formed at the end of last week, where it reached the resistance 1.3130, to form a bearish movement below the support 1.3060, where trades settled below it. Therefore, the opportunity exists for the continuation …

#DAL

The share is traded in the descendant channel’s upper border’s span. The reverse pattern “pin bar” has formed with a false breach of the mirror level 42.41. The next 4-hour candle fixed below the mirror level.

Trading idea:

Sell when the base of the pin bar pattern is breached …

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

Watch AUD/USD online

Trading idea:

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