Daily reviews

#MKS

The general trend is ascendant. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions. The share fluctuates between 365 and 135 moving averages.

Trade idea:

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

Stop-loss is …

The descendant wave structure is still truncated. The inclined channel of the descendant structure is breached. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions.

Watch EUR/AUD online

Trade idea:

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

News of the day, Thursday, February 17

Stoltenberg: there are no signs Russia de-escalates its military forces near Ukraine, we prepare for the worst.

Despite the recent updates from Russian military officials, the border conflict seems to continue and escalate further. As always, the market reflects with crude oil futures …

Gold price rushed upwards to breach the 1860.00 level strongly and settle above it, to reactivate the bullish trend scenario that targets testing the 1900.00 barrier as a first positive station.

Therefore, we expect to witness more rise in the upcoming sessions, supported by the EMA50 that carries the price …

The pound is approached against the dollar from a central resistance of 1.3610 but begins with a decline now.

On the other hand, you must pay attention to a breakthrough of 1.3610 that will stop the proposed negative scenario and lead the price to resume the main downward trend again. …

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

Watch EUR/GBP online

Trade idea:

Buy when the ascendant wave structure forms, where a wave (A) breaches through the pivot 2 of …

#A

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

Trade idea:

Buy when the ascendant wave structure forms, where a wave (A) breaches through the pivot 2 of the wave C in the descendant truncated structure …

News of the day, Wednesday, February 16

Elon Musk has announced that SpaceX now has more than 250,000 user terminals using Starlink — an innovative Internet-providing service using satellites to transfer data. If 250,000 people actively use Starlink terminals, it means that SpaceX gets a $25 million monthly revenue.

The …

The pound sterling against the dollar made an attempt to break the 1.3525 level yesterday, but it could not hold for long below it, to fluctuate above it again, noting that the EMA50 forms continuous negative pressure in front of the price, waiting for the bearish tendency to resume to …

Gold price ended yesterday’s trading below the level of 1860.00, to stop the suggested positive scenario yesterday, but it faced a strong support floor at 1845.00 that protects the price from incurring more losses, supported by the positivity of the stochastic indicator, to stand in front of a conflict between …