Daily reviews

#WMT

The share is traded in the flat’s upper border span. The ascendant wave structure is truncated. Awesome oscillator indicates bearish trend, and Stochastic Oscillator indicates bearish divergence. The insider’s trading graph shows strong sell of the company’s managers and major investors.

Trade idea:

Sell when the descendant wave structure …

The general trend is ascendant. The descendant wave structure of H4 level is truncated. Awesome Oscillator indicates bullish trend, and Stochastic Oscillator signals bullish divergence.

Watch EUR/SEK online

Trade idea:

Buy when the ascendant wave structure forms, where the wave (A) breaches through the inclined channel of the descendant truncated …

News of the day, Tuesday, March 29

Oil prices have extended losses from yesterday as talks between Ukraine and Russia progress. The first talks in two weeks started in Istanbul this morning. After the invasion in Ukraine has started, the sanctions imposed on Russia have seriously jeopardized the oil supply, …

Gold managed to reach the support level 1926.70 and is trying to pressure it to breach it, which supports the opportunity to complete the bearish movement in the upcoming sessions. Paying attention to the price's success in breaking this level, which will push the price to 1890.00 as a next …

The British pound against the dollar continues its bearish path after it succeeded in stabilizing below the 1.3180 level, thus increasing the chance of reaching the main support level 1.3000 within the upcoming period.

The moving averages support the descending path as it is within a negative formation above the …

#MUV2

The general trend is descendant. The share is traded between 365 and 135 moving averages. The ascendant wave structure is truncated. 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 …

The general trend is ascendant. The descendant wave structure of H4 level is truncated. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions.

Watch GBP/SEK online

Trade idea:

Buy when the ascendant wave structure forms, where the wave (A) breaches through the inclined channel of the descendant truncated …

News of the day, Monday, March 28

Tesla suspends its Shanghai production plant again on Monday for at least one day as the Chinese government intensifies COVID restrictions. Recently China has imposed new COVID lockdowns after a vast surge of new disease cases. Tesla hasn’t yet informed its employees whether …

Gold prices rebounded below the support level 1953.80, which formed an upper limit for the price movement previously. Where gold started the week's trading with a new negativity in an attempt to return to the previous sideways path between the support 1.926.70 and the resistance 1953.80.

The moving averages form …

The pound sterling against the dollar was unable to stabilize above the 1.3180 level, to start the week's trading with clear negativity, breaching the mentioned level and paving the way for a bearish path, ending the bullish movement that it tried to form last week, even if temporarily.

It should …