Daily reviews

#AAPL

The share fluctuates between 365 and 135 EMA. The trend is descendant. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator signals overbought conditions.

Trade idea:

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

Stop-loss is beyond the …

The general trend is ascendant. The descendant truncated wave structure is finished with the inclined channel breach. Awesome Oscillator indicates bullish divergence.

Watch GBP/DKK online

Trade idea:

Buy when 8.8824 is breached.

Stop-loss — 8.8000.

Target levels: 8.9520; 9.0350.

News of the day, Monday, March 21

About 500 workers in Chevron’s oil refinery in Richmond (Virginia, USA) have alarmed the company they will go on a strike at midnight today after the negotiations on the new labor contract failed. Chevron has turned some operations to replacement workers at a …

Gold returns to test the 1926.70 support after it approached the 1953.86 resistance, so we keep the movement neutral until the price breaches one of the levels. Bearing in mind that the price's breach of the resistance level 1953.80 will motivate buyers to increase the volume of purchases and put …

The British pound against the dollar reached the resistance level 1.3180 and settled near this level, trying to breach it and end the bearish path. And start a new upward trajectory.
The 20-50 moving averages support the bullish movement as they intersect near the support 1.3080.

The range of movement …

#XIAOMI

The share is traded in the descending channel’s lower border span. The reverse pattern “Pin-bar” has formed. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions.

Trade idea:

Buy after the 4-hour impulse candle is closed above 23.22.

Stop-loss — 22.37.

Target levels: 24.45; 25.89.

The currency pair is traded in the upper border of the descendant price’s channel span. The ascendant wave structure of the H4 level is truncated. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator signals overbought conditions.

Watch EUR/GBP online

Trade idea:

Sell when the descendant wave structure forms, where the …

News of the day, Friday, March 18

Yesterday the Bank of England raised the interest rate for the third time since December — by a quarter-point to 0.75 returning it to a pre-pandemic level. The financial regulator expects inflation to grow to 8% in the second quarter of 2022, which …

News of the day, Thursday, March 17

The much-awaited Fed meeting resulted in a rate hike yesterday. As expected, the rate increased by 0,25%. Although this number may seem tiny, it is important to consider this rate hike is not the last one this year. The prognosis of the interest …

Gold was able to rebound and breach the resistance level 1926.70 after achieving the target and reaching the support level of 1892.50 to give an initial signal to return to the bullish path provided that trading is stable above the level of 1926.50.

The moving average includes 20 resistance levels …