Daily reviews

Monday, August 2nd, today's news — Stock indexes of Western European countries declined following the results of trading on Friday, investors were evaluating the next batch of corporate reports and economic data. August's indicators ended with multidirectional dynamics. The price of Brent oil is $74.66 per barrel, WTI — $73.22. …

#CI
The overall trend is upward. The descending wave pattern is truncated. There is a bullish divergence on Awesome Oscillator (TF H1-H4). Breaking through the price pivot zone of 230.80 will result in the formation of an ascending wave pattern.

Trading idea:
Buy on the breakout of 230.80.
Stop Loss: …

CADHPY
The overall trend is downward. The currency pair is trading in the range of 135 and 365 moving averages. The ascending patterns of the H4 and H2 levels are truncated. There is a bearish divergence has formed on Awesome Oscillator. A start fractal has formed has formed below the …

Gold futures contracts fluctuated in a narrow range tilted to the downside during the Asian session, to witness its rebound to the thirteenth session in twenty-two sessions from its highest since the seventh of January, ignoring the negative stability of the US dollar index according to the inverse relationship between …

Thursday, July 30th, today’s news — the net profit of the Anglo-Dutch Royal Dutch Shell, attributable to shareholders, in the first half of 2021 amounted to $ 9.087 billion against a loss of $ 18.155 billion a year earlier, according to the company's statements. The price of Brent oil is …

#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 on the breakout of 5.61.
Stop Loss under the price pivot zone of 5.25. …

EURCAD
The overall trend is upward. The descending wave pattern is truncated. There is a bullish divergence on Awesome Oscillator, and Stochastic Oscillator signals oversold conditions.

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

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

The Australian dollar against the US dollar pair reached the outskirts of the first awaited target at 0.7500 and is under continuous negative pressure formed by the EMA50, to support the chances of breaking this level and opening the way to heading towards 0.7375 as the next main target.

Therefore, …

Thursday, July 29th, today’s news —  the net profit of the Anglo-Dutch Royal Dutch Shell, attributable to shareholders, in the first half of 2021 amounted to $ 9.087 billion against a loss of $ 18.155 billion a year earlier, according to the company's statements. The price of Brent oil is …

AUDCAD
The descending patterns of the H8, H2, and H1 levels are currently truncated. Probably the formation of the reversal wave pattern. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals oversold conditions. 

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

Trading idea:
Buy when …