Daily reviews

Gold futures contracts fluctuated in a narrow range tilted to the downside during the Asian session, to witness its rebound for the second session from its highest since the fifth of August, amid the positive stability of the US dollar index, according to the inverse relationship between them on the …

#CBK
The descending wave pattern is truncated. There is a bullish divergence on Awesome Oscillator, and 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 truncated pattern.
Stop Loss under the local …

EURSGD
The descending wave patterns are truncated. A reversal wave model has formed. The support level of 1.5892 remains unbroken. There is a bullish divergence on Awesome Oscillator.

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

Trading idea:
Buy when an ascending wave pattern is formed , where …

Tuesday, August 24th, today’s news — US stock indexes rose sharply after a strong decline last week, caused by a rally led by the energy and technology sectors. Oil prices continue to rise at the auction after rising by more than 5% following the results of the previous trading. The …

#T

A downward wave pattern is truncated. A bullish divergence has formed on  Awesome Oscillator. Stochastic Oscillator indicator 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 truncated pattern.

Stop Loss under the local …

EURCAD

The currency pair is trading in the range of 365 and 135 moving averages. Awesome Oscillator shows a bullish divergence, and Stochastic Oscillator signals oversold conditions.   

EURCAD online: monitor the price movement in real time.

Trading idea:

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

Monday, August 23rd, today’s news — PayPal (NASDAQ: PYPL) launch its own crypto service starting this week. This may bring closer the widespread use of a new asset class in the future. The price of Brent oil is $66,15 per barrel, WTI — $63,41. EUR/USD is at 1,1724, GBP/USD — …

USDJPY 
The currency pair is trading in the range of 365 and 135 moving averages. The ascending wave pattern is truncated. Awesome Oscillator shows a Bearish divergence, and Stochastic Oscillator signals overbought conditions.

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

Trading idea:
Sell when a descending wave …

#CF
The overall trend is upward. The stock is trading in the range of 365 and 135 moving averages. The descending wave pattern is truncated. A bullish divergence has formed on the Awesome Oscillator.

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

Exxon Mobil Corp. (NYSE)

#XOM

The general trend is ascending. The stock trades in a range of 365 and 135 moving averages. The Awesome Oscillator shows a Bullish divergence, while the Stochastic Oscillator signals oversold conditions.

Trading idea:
Buy on an ascending pattern formation, where the wave (A) comes through …