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EUR/GBP Trading Analysis (22/08/2024)

The trend is upward. The currency pair is trading in a range between 365 and 135 ЕМА. The descending wave structures are truncated. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an overbought condition.

Trading idea:

  • Buy at the breach of 0.8522.
  • Stop-loss at 0.8507.
  • Price targets …
Microsoft Trading Analysis (21/08/2024)

The trend is descending. The stock is trading in the range between 365 and 135 EMA. The upward wave structure is truncated. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an oversold condition.

Trading idea:

  • Sell when the formation of the downward wave structure begins, when the …
NZD/JPY Trading Analysis (21/08/2024)

The trend is downward. The currency pair is trading in the range between 365 and 135 EMA. The ascending truncated wave structure finished with the breach of the pivot 2 of the wave C. There is a bearish divergence on the Awesome Oscillator.

Trading idea:

  • Buy at the breach of 89.180.
  • Stop-loss …
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