Daily reviews

#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 …

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 — …