Daily reviews

The Australian dollar fluctuated in a narrow range tilted to the downside during the Asian session against the US dollar, while looking forward to the speech of the Assistant Governor of the Reserve Bank of Australia, who is responsible for the Risk Management Committee, Jay Debell, at the US Foreign …

Monday, July 26th, today’s news — The FTX crypto derivatives exchange has reduced the maximum leverage for its clients, limiting it to 20x. The price of Brent oil is $72.19 per barrel, WTI — $70.69. EUR/USD is at 1.1773, GBP/USD—1.3744, gold is at $1.809 per ounce. Read the daily selection …

#MTS
The dividend gap remains open. The descending wave pattern is truncated. The support level of 315.15 holds back sellers. Awesome Oscillator shows a bullish divergence, and Stochastic Oscillator signals oversold conditions.

Trading idea:
Buy on the breakout of 318.60 (when an ascending wave pattern is formed).
Stop Loss under …

USDJPY
The overall trend is downward. There is a bearish divergence on Awesome Oscillator, and Stochastic Oscillator signals overbought conditions. The ascending wave pattern ended with the breakout of the inclined channel.

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

Trading idea:
Sell when a descending wave …

The Australian dollar fluctuated in a narrow range tilted to the upside during the Asian session, to witness its rebound for the third consecutive session from its lowest since November 24, 2020, while it is still on the way to its fourth consecutive weekly losses against the US dollar following …

Friday, July 23rd, today’s news — Wall Street closed slightly higher on Thursday, continuing a two-day rally thanks to the tech sector, as mediocre economic data and mixed financial results of companies forced investors to turn their attention to growth stocks. The price of Brent oil is $73.81 per barrel, …

#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 …