Daily reviews

News of the day, Wednesday, 2 March:

Crude price reached 7-year highs today as supply tightening fears soar among Russia-Ukraine escalation. This morning WTI oil is fluctuating around $110, and Brent barrel is nearly at $111. The market is concerned about strict sanctions imposed on Russia, as it may cause …

#AAPL

The share is trading between 365 and 135 EMA. The ascendant truncated wave structure is finished breaching the inclined channel. Awesome Oscillator indicates bearish divergence, and moving levels of Stochastic Oscillator have left the overbought area.

Trade idea:

Sell when 161.93 is breached.

Stop-loss — 166.80.

Target levels: 155.00; …

The trend is descendant. The ascendant wave structure is truncated. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator signals overbought conditions.

Watch USD/NOK online

Trade idea:

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

Stop-loss is beyond …

The GBP/USD pair achieved a strong break of the 1.3390 level and reached the 1.3310 level directly, and by looking closely at the chart, we find that the price completed forming a bearish flag pattern, to support the chances of breaking the last level and opening the way to achieving …

Gold price ended yesterday’s trading with a strong positivity, settling above the level of 1928.60, to move towards continuing the rise on the intraday and short term, targeting the levels of 1960.00 then 2000.00 as the next main stations.

The moving average 50 supports the expected ascending wave, …

News for today, Tuesday, March 1

Mastercard has blocked many Russian financial institutes following the sanctions that the Western world has imposed on Russia after the invasion of Ukraine. It also promised to continue working with regulators and donate $2 million to humanitarian aid. Visa has also stated that it …

Gold price is trading below the 1916.25 level, and it made negative attempts yesterday. But it faces strong support at 1895.00, waiting to break this level to push towards our awaited negative target at 1860.00 directly.

In general, the bearish trend scenario will remain valid and effective for the upcoming …

The pound sterling against the dollar ended yesterday's trading with a noticeable positivity to settle above 1.3390, to notice that it recorded a bullish bottom that supports chances of achieving more expected gains in the upcoming sessions, on its way to achieving positive targets that start at 1.3460 and extend …

#DHR

The overall trend is ascendant. The descending wave pattern is truncated. There is a bullish divergence on the Awesome Oscillator, and Stochastic Oscillator signal the oversold conditions. The inclined channel of the descendant pattern is breached. The breaking of 279.50 will form the ascending wave pattern.

Trading idea:

Buy …

The support level of 91.00 holds back the buyers. The ascending wave pattern is truncated. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the overbought conditions.

Watch CAD/JPY online

Trading idea:

Sell when the descending wave pattern is formed, where the wave (A) breaches …