Daily reviews

Today, on Wednesday 22, gold futures decrease slightly in a narrow range. Investors are waiting for the US economy to reveal the final GDP index. The result will confirm the expansion of the largest economy in the world. At the same time, USD index has increased for the first time …

News for today, December 21:

Omicron cases are spreading rapidly across Europe and the United States. Doubling every two or three days it caused a sharp sell-off in share markets. U.S. stock indexes retreated more than 1% as positive COVID-19 case counts rose. Japan's Nikkei rose 2% after two sessions …

#DVA

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

Trading idea:

Buy when the ascending wave pattern is formed, on …

The currency pair is traded in the upper edge of the descending channel. The ascending wave pattern is truncated. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the overbought conditions.

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

Trading idea:

Sell when the …

The pound sterling against the dollar rebounded upwards after reaching the outskirts of 1.3160. The pair tested the resistance of the main descending channel, waiting for the resumption of the bearish trend. The bearish targets begin by breaking the mentioned level to confirm the extension of the descending wave …

Gold price ended yesterday’s trading below 1,797.00. It provided signs of a possible return to the decline. We notice that the EMA50 is trying to protect the price from incurring more losses, while the Stochastic Indicator is showing clear positive signs now.

Therefore, this conflict between technical factors makes …

News for today, Monday, December 20:

The dollar, which normally moves inversely to gold, inched up on Monday. The U.S. dollar is at its 17-month high after Federal Reserve officials signalled a first pandemic-era interest rate increase could come as early as March.

Gold futures edged down 0.18% as the …

#DAL

The descending truncated wave pattern has completed by the breach of the inclined channel. There is a bullish divergence on the Awesome Oscillator. The entry point is shaping on the “rollback of wave B”.

Trading idea:

Buy when the ascending wave pattern is forming, on the breach of 37.24 …

The resistance level 1.7100 holds investors back. The ascending wave pattern is truncated. There is a bearish divergence on the Awesome Oscillator. The Stochastic Oscillator signals the overbought conditions.

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

Trading idea:

Sell when the descending wave pattern is formed, on the …

News for today, Friday 17 December.

As fears about the Omicron variant of the coronavirus, inflation doubts and the world’s central banks game changes undermined investors confidence, the Asian stocks suffered its 13-months lows. Chinese blue chips shed 0,7% while Japan’s Nikkei shed 1,8%.

The number of new Omicron cases …