05.04.2022
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), …
05.04.2022
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 …
05.04.2022
#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) …
05.04.2022
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.
Trading idea:
Buy when the ascendant wave structure forms, where the wave …
04.04.2022
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 …
04.04.2022
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 …
04.04.2022
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 …
04.04.2022
#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. …
04.04.2022
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.
Trading idea:
Buy when the level 0.8435 is breached.
Stop-loss: 0.8407. …
01.04.2022
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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