Daily reviews

#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 …

EURAUD
The descending wave pattern of the H8 level is truncated. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals oversold conditions.

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

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

Tuesday, August 10, today’s news — the pan-European STOXX 600 index rose by 0.3% due to the rise in shares of companies related to the travel and leisure sector. The price of Brent oil is $70.31 per barrel, WTI — $68.02. EUR/USD is at 1,1730, GBP/USD — 1,1730, gold is …

The Australian dollar fluctuated in a narrow range tilted towards decline during the Asian session, to witness its lowest since July 21, when it tested its lowest since November 24, 2020 against the US dollar, following developments and economic data that we followed about the Australian economy and on the …

Gold futures fluctuated in a narrow range tilted to the upside during the Asian session, to witness its rebound to the second session from its lowest since late March, amid the rebound of the US dollar index from its highest since July 23, according to the inverse relationship between them …