Daily reviews

Wednesday, August 18th, today's news — oil prices are growing after a decline for four last days. UK inflation returned to the Bank of England's 2% target last month, unexpectedly falling sharply, as official data showed on Wednesday, while the clothing, leisure and culture sectors slowed the pace of price …

#TKA
The overall trend is upward. The descending wave pattern is truncated. There is a bullish divergence on Awesome Oscillator. Breaking through the resistance level of 8.95 will result in the formation of an ascending wave pattern, where the wave (A) has broken through the inclined channel of the descending …

USDCHF
The descending wave pattern is truncated. There is a bullish divergence on Awesome Oscillator. A breakout of 0.9153 will result in the formation of an ascending wave pattern, where the wave (A) has broken through the inclined channel of the descending truncated pattern.

USDCHF rate online: monitor the price …

Friday, August 17th, today’s news — the China Market Regulatory Authority has submitted a new draft of rules aimed at stopping unfair competition on the Internet, which in turn puts a lot of pressure on the IT sector. Crude oil continues to drop. The price of Brent oil is $69,11 …

#BMW
The overall trend is upward. There is a bullish divergence on Awesome Oscillator, and the Stochastic Oscillator signals oversold conditions. The inclined channel of the descending pattern (the upper limit of the descending price channel) is broken.

Trading idea:
Buy on the breakout of 83.82 (when an ascending wave …

GBPCAD
The ascending wave pattern ended with the breakout of the inclined channel. The Stochastic Oscillator signals overbought conditions. Breaking through the support level of 1.7387 will form a descending wave pattern within the wave (C) of the descending pattern of the H4 level.

GBPCAD rate online: monitor the price …

Gold futures contracts fluctuated in a narrow range tilted to the downside during the Asian session, to witness its rebound from its highest since August 6, amid the rebound of the US dollar index for the second session from its lowest since the same day, according to the inverse relationship …

Monday, August 16th, today's news — the continued increase in the incidence of COVID-19 in the Asia-Pacific region with insufficient rapid vaccination is putting pressure on the market. For the same reason, Brent oil quotes are declining. The price of Brent oil is $69.70 per barrel, WTI — $67.27. EUR/USD …

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

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

Trading idea:
Buy when an ascending wave pattern is …

Gold Analysis 13-08-2021

Gold futures fluctuated in a narrow range tilted to the upside during the Asian session, to witness its rebound for the second session in five sessions from the lowest since late March, while the US dollar index resumed its rebound from its top since the beginning of …