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Gold analysis

05.04.2022

Market Review


Gold prices returned to the movement above the support 1921.60 to continue the sideways path within which the price has been moving for three weeks.

The moving averages are pressing prices to return to the downside, as it is moving above the price and forming a resistance level between (1926.70-1933.00), …

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GBP/USD currency pair analysis

05.04.2022

Market Review


There is nothing new about the movement of the pound sterling against the dollar, as it continues in the sideways path that tends to decline after 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 …

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Trading idea for FACEBOOK Inc. (NASDAQ)

05.04.2022

Market Review


#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) …

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USD/CAD currency pair analysis

05.04.2022

Market Review


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 …

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Fashion for cryptocurrency continues

04.04.2022

Market Review


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 …

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Gold analysis

04.04.2022

Market Review


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 …

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GBP/USD currency pair analysis

04.04.2022

Market Review


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 …

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Trading idea for Boeing Co. (NYSE)

04.04.2022

Market Review


#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. …

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EUR/GBP currency pair analysis

04.04.2022

Market Review


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. …

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The worst quarter for S&P 500

01.04.2022

Market Review


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 …

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