Daily reviews

#BA

The general trend is descendant. The ascendant wave structure is truncated. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator signals overbought conditions. The share is traded between 365 and 135 moving averages and the upper border of the descendant price channel. The inclined channel of the ascendant truncated structure …

The general trend is ascendant. The descendant inner wave structure is truncated. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions. The currency pair is traded between 365 and 135 moving averages.

Watch NZD/CAD online

Trade idea:

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

News of the day, Friday, March 25

The continuation of Russia’s war against Ukraine may lead to a dramatic neon production decrease, which is an essential gas for semiconductor manufacturing. According to Peter Hanbury, the semiconductor expert of Bain & Co consulting company, more than half of neon in the …

Gold started the upward movement after it reached the resistance level of 1953.80 and managed to breach it. Therefore, there is a great opportunity to start an upward path, provided that trading is stable above the mentioned level.

The moving averages support the upward movement, as it is in an …

The GBP/USD pair settled above the 1.3180 support, and therefore the opportunity remains to complete the bullish movement, especially since the price started its movement today with a slight rise during the morning trading.
 
Therefore, the bullish path will have a high probability for today, and the breach of …

#MA

The general trend is descendant. The share trades in the upper’s descendant price channel’s span. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator signals overbought conditions. The inclined channel of the ascendant wave structure is breached.

Trade idea:

Sell when the 340.90 level is breached.

Stop-loss is beyond the …

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

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 structure.

Stop-loss is …

News of the day, Thursday, March 24

Stock markets were lower yesterday after the last week’s major gains as vast supply disruptions and general economic damage from the Ukraine invasion become even clearer. Russia has announced that the export terminal transporting Kazakh oil to the global market closes for up …

Gold prices rebounded upwards and returned to breach the level of 1926.70 in an attempt to rise again to the level of 1953.80 as a first target for the upward movement. And the attempt to breach it despite the fact that the indicators remain on the continuation of the sideways …

The EUR/USD pair continues to move within a sideways trend that tends to decline, as the price returned to test the 1.0966 support level, and trades stabilized below the 1.100 level, so the pinch remains great to breach the 1.0966 support level as long as the trades are below the …