Daily reviews

News for today, November 1st:

European stock markets are expected to open slightly higher on Monday. Investors are encouraged by overall positive corporate earnings but are wary of the week ahead, when the Federal Reserve Board meets. This event will be the main focus this week, as it is expected that …

News for today, October 29th:

Asian stocks fell on Friday, which promises to disrupt their solid three-week gains. Chinese property stocks face their worst week in more than two and a half years. Oil prices are also close to witnessing the first weekly decline since August. While the decrease in …

Gold price is facing negative pressure now to test the first pivotal support 1797.00. Considering that, the price continues to move within the bullish intraday channel, and obtains positive support from the EMA50, in conjunction with the stochastic indicator reaching the oversold areas.

Therefore, these factors encourage us to continue …

The GBP/USD pair succeeded in touching our first awaited target at 1.3750 and is making attempts to breach it. It supports the continuation of the bullish trend's dominance over the intraday and short term, with the next target extending to 1.3910.

Moving above the EMA50 supports the expected rise, noting …

XAG/USD

The overall trend is upward. Silver trades in the range of 365 and 135 moving averages. The descending wave pattern of the H2 level is truncated. The Awesome Oscillator shows a bullish divergence.

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

Trading idea:

Buy when an …

News for today, October 28th:

Global stocks dropped from record highs as corporate earnings reports became a compelling reminder of current supply chain problems. Investors also awaited upcoming central bank meetings to assess if policy tightening could come sooner. The S&P 500 decreased 0.51% overnight on Wall Street from a …

USD/SGD

The overall trend is downward. The ascending wave pattern is truncated. The Awesome Oscillator shows a bearish divergence, while the Stochastic Oscillator signals overbought conditions.

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

Trading idea:

Sell when a descending wave pattern is formed, where the wave …

Gold price trades positively: it breached the 1797.00 level and attempts to hold above it to activate the bullish trend scenario on the intraday term, which is regular within the bullish channel that appears on the chart. The price’s goal is to visit the 1825.15 level.

The moving average 50 …

The GBP/USD pair tested the pivotal support 1.3720 and kept its stability above it, to start today with a bullish bias in an attempt to move away from this level. This keeps the bullish trend scenario valid on the intraday and short term, waiting to test the 1.3795 level …

#CAT

The overall trend is upward. The descending internal wave pattern is truncated. The Awesome Oscillator shows a bullish divergence. Breaking the level of 205.27 will form an ascending wave pattern where the wave (A) breaks through the inclined channel of the descending pattern.

Trading idea:

Buy at the …