Daily reviews

#CSGN

The descending truncated wave pattern ended with the breakout of the inclined channel. There is a bullish divergence on Awesome Oscillator, and Stochastic Oscillator signals oversold conditions. A breakout of 9.35 will result in the formation of an ascending wave pattern.

Trading Idea:

Buy above 9.35.

Stop Loss: 8.65. …

EURCAD

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

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

Trading …

Gold futures fluctuated in a narrow range tilted to the downside during the Asian session, to witness its rebound for the sixth session from its highest since June 16, ignoring the rebound of the US dollar index for the second consecutive session from its highest since the beginning of April, …

Thursday, July 22nd, today’s news — Oil prices are declining on Thursday amid an unexpected increase in US inventories and concerns about demand due to an increase in the incidence of COVID-19, but expectations that supplies will remain limited until the end of the year supported prices. The price of …

CHFJPY
The overall trend is downward. The currency pair is trading in the range of 365 and 135 moving averages. Stochastic Oscillator signals overbought conditions.

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

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

#CBK
The overall trend is upward. The price pivot zone of 5.25 restrained sellers. Awesome Oscillator shows a Bullish divergence, 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 pattern.
Stop …

#BIDU
The overall trend is upward. The descending wave pattern is truncated and the internal wave pattern is also truncated. There is a bullish divergence on Awesome Oscillator indicator, and Stochastic Oscillator signals oversold conditions.

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

USDCHF

The ascending wave pattern of the H2 level is truncated. The ascending truncated pattern is probably a wave (B) of the descending pattern of the H8 level. The indicator shows an Awesome Bearish divergence, and Stochastic Oscillator signals overbought conditions.

USDCHF rate online: monitor the price movement in …

Wednesday, July 21st, today’s news — Swiss drugmaker Novartis reported on Wednesday an increase in underlying net profit in the second quarter by almost 20%, exceeding market expectations, and maintained its forecast for 2021. The price of Brent oil is $69.69 per barrel, WTI — $67.53. EUR/USD is at 1.1755, …

Gold futures contracts fluctuated in a narrow range tilted to the upside during the Asian session, to witness its rebound to the tenth session in fifteen sessions from the lowest since mid-April, amid the rebound of the US dollar index for the second session from its highest since the fifth …