Daily reviews

Friday, August 13th, today’s news — US labour statistics indicated an economic recovery, which prompted the Dow and S&P 500 stock indexes to update records. Shares of the largest US companies by capitalization also rose in price. The price of Brent oil is $70.97 per barrel, WTI — $68.67. EUR/USD …

NZDCAD
The currency pair is trading in the range of 135 and 365 moving averages. The descending wave pattern of the H2 level is currently truncated. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals oversold conditions.

NZDCAD rate online: monitor the price movement in real time. …

#T
A truncated descending wave pattern has formed. And a bullish divergence has formed on Awesome Oscillator. Probably, the descending truncated pattern is a correction wave (B) and a wave (C) is being formed now.

Trading idea:
Buy on breakout 28.20.
Stop Loss: 27.75.
Target levels: 28.53 (specialist trap); 29.33.

Thursday, August 12th, today’s news — in today’s morning, stock indexes in the Asia-Pacific region mostly rose amid signs of slowing inflation in the US and easing concerns about an earlier-than-expected reduction in assets by the US Federal Reserve. The price of Brent oil is $71.88 per barrel, WTI — …

#TKA
The overall trend is upward. The descending wave pattern is truncated. A bullish divergence has formed 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 truncated …

AUDJPY
The overall trend is downward. The ascending wave pattern is truncated. There is a bearish divergence on Awesome Oscillator, and Stochastic Oscillator signals overbought conditions.

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

Trading idea:
Buy when a descending wave pattern is formed, where wave (A) breaks …

The Australian dollar against the US dollar pair provided positive trading yesterday, to test the pivotal resistance 0.7375, and keeps its stability below it so far, to keep the bearish trend scenario active on the intraday and short term, supported by the negativity of the stochastic indicator, waiting to visit …

Gold futures fluctuated in a narrow range tilted to the upside during the Asian session, to witness its rebound to the fourth session from its lowest since late March, amid the rebound of the US dollar index for the second consecutive session from its highest since the beginning of April, …

The Australian dollar fluctuated in a narrow range tilted towards decline during the Asian session, to witness its rebound for the fourth in five sessions from the top since July 26 against the US dollar, following the developments and economic data that we followed about the Australian economy and on …

Wednesday, August 11th, today’s news — the US is trading just below this year's high against the euro and reached a five-week peak against the yen on the eve of US inflation data. This may force the Fed to reduce support for the economy. The price of Brent oil is …