Daily reviews

News for today, Friday, December 24:

In many markets the holiday period has already started. U.K., France, Poland and the Benelux countries’ markets are opened for the day. Euro was directionless at $1.1322, during the morning trade on European markets

Brent crude slid a little but is still on track …

#TKA. Industrial Sector.

The overall trend is ascending. The descending wave pattern is truncated. There is a bullish divergence on the Awesome Oscillator. The descending pattern has completed with a breach of the inclined channel.

Trading idea:

Buy when the ascending wave pattern is formed.

Stop loss is below the …

The overall trend is descending. The ascending truncated 5 sub-wave pattern has been completed. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the overbought conditions.

NZD/USD rate online: monitor the price movement in real time.

Trading idea:

Sell when the 0.6803 level is breached.

Stop …

News for today, December 23:

Oil prices go up on Thursday as U.S. crude oil resources decline. It also keenly reacts to the news about Omicron. Investors are relieved by the statements of which 3-dose course is claimed to be efficient against the new coronavirus variant. Therefore, the stock market …

#AMG

The overall trend is ascending. The stocks are traded in the range of 365 and 135 of the moving averages, in the internal inclined channel. The Stochastic Oscillator signals the oversold conditions.

Trading idea:

Buy when the pattern 1-2-3 is formed, above the descending channel.

Stop loss – 151.20. …

The ascending wave pattern of the H8 level is truncated at the moment. The internal pattern of the H1 level has five sub-waves. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the overbought conditions.

AUD/JPY rate online: monitor the price movement in real time.

Trading …

While Omicron continues affecting the economy, seasonal tendencies continue to play their role. Christmas holidays is a calm low-volatility period yet vast spread of Omicron forces governments to make decisions. New pandemic restrictions are about to happen as well as new central bank decisions. The US dollar index rose humbly …

#ADS

The overall trend is ascending. The descending wave patterns are truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold conditions.

Trading idea:

Buy when the ascending wave pattern is formed, where the wave (A) breaches the inclined channel of the descending …

The ascending wave pattern is truncated. The inclined channel of the ascending pattern is breached. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold conditions.

GBP/CAD rate online: monitor the price movement in real time.

Trading idea:

Sell when the descending wave pattern is …

The pound sterling against the dollar presented additional positive trades yesterday and made an attempt to breach the 1.3250 level. It however returns to fluctuate around this level and shows a bearish tendency now. The recent trades are confined to a bullish wedge pattern that we expect to push the …