Daily reviews

#FB

The overall trend is upward. The stock trades in the range of the moving averages (365 and 135 EMA). The Awesome Oscillator shows a bullish divergence, while the Stochastic Oscillator signals oversold conditions. The inclined channel of the descending wave pattern is broken.

Trading idea:

Buy at the breakthrough …

News for today, October 8th:

Oil prices increased on Friday as a result of some industries’ decision to begin switching from high-priced gas to oil and of doubts whether the US government would free oil from its strategic reserves. Analysts believe that the rise in gas prices and the extent …

Gold futures fluctuated in a narrow range tilted to the downside during the Asian session to reflect the resumption of its rebound from the top since September 23 for the second session in four sessions, amid the positive stability of the US dollar index, according to the inverse relationship between …

EURAUD

The descending wave patterns are truncated. The Awesome Oscillator shows a bullish divergence, while the Stochastic Oscillator signals oversold conditions.

EURAUD rate online: monitor the price movement in real time.

Trading idea:

Buy when an ascending wave pattern is formed, where the wave (A) breaks through 1.5887 …

#VOD

The descending wave patterns are truncated. The Awesome Oscillator shows a bullish divergence, while the Stochastic Oscillator signals oversold conditions.

Trading idea:

Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined channel of the internal descending pattern.

Stop Loss: below the local …

News for today, October 7th:

Asian stocks grew higher on Thursday, prompted by a possible easing of tensions between the US and China and lowered energy prices, as oil slipped from multi-year highs. MSCI’s broadest Asia-Pacific stock index outside Japan rose 1.45%, which could be its best daily performance since …

The single currency, the euro, fluctuated in a narrow range tilted to the downside during the Asian session, to witness its rebound to the third session from its highest since September 29, when it reflected the worst daily performance in three months against the US dollar on the cusp of …

The Australian dollar against the US dollar pair resumes its negative trading with the opening of the day after consolidating below the 0.7290 level, to keep the bearish trend scenario valid and active for the upcoming period, waiting for the breach of the 0.7245 level to facilitate the task of …

News for today, October 6th:

Asian stocks kept falling on Wednesday: According to analysts, extremely high oil prices cause an instant market reaction to any changes in the global context and any hint of bad news, such as a rate hike by New Zealand's central bank.

Oil has stabilized at …

#GSK

The overall trend is upward. The descending wave patterns are truncated. The Awesome Oscillator shows a bullish divergence, while the Stochastic Oscillator signals oversold conditions. 

Trading idea

Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined channel of the descending pattern or …