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GBPNOK analysis

02.07.2021

Market Review

GBPNOK 

The mirrored level 11.920 holds back buyers. An upward structure is a wave (B) of a downward structure of the H4 level. Awesome Oscillator shows a bearish divergence. The breakout of 11.854 will result in the formation of a downward wave structure.

GBPNOK rate online: monitor the …

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01.07. Fresh trading analysis: General Mills quarterly profit fell 33%

01.07.2021

Market Review

Thursday, July 1st, today’s news—General Mills Inc (NYSE: GIS), one of the largest food manufacturers in the US, in the fourth quarter of fiscal 2021 fell 33% to $416.8 million, or 68 cents per share, comparing to $625.7 million, or $1.02 per share, in the same period last year. Adjusted …

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AUDUSD analysis

01.07.2021

Market Review

The Australian dollar fluctuated in a narrow range tilted to the downside during the Asian session, to witness its rebound to the fifth session from its highest since June 17 against the US dollar, following the developments and economic data that we followed about the Australian economy and on the …

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EURUSD analysis

01.07.2021

Market Review

The single currency, the euro, fluctuated in a narrow range tilted towards decline during the Asian session, to witness its lowest since the sixth of April against the US dollar on the cusp of developments and economic data expected today, Thursday, by the economies of the euro area and the …

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EURSGD analysis

01.07.2021

Market Review

EURSGD

 The descending wave pattern is truncated. Awesome Oscillator shows a bullish divergence, and Stochastic Oscillator indicator signals oversold conditions.

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

Trading idea:

Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined channel …

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Trading idea for Volkswagen AG (XETRA)

01.07.2021

Market Review

#VOW3

The overall trend is upward. The stock is trading in the range of 365 and 135 moving averages (EMA). 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 …

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Gold analysis

01.07.2021

Market Review

Gold futures fluctuated in a narrow range tilted to the upside during the Asian session, to witness its rebound to the third session from its lowest since mid-April, ignoring the negative stability of the US dollar index near its highest in three months, according to the inverse relationship between them …

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USDJPY analysis

30.06.2021

Market Review

The dollar against the yen pair hovers around the 110.50 level, and as we mentioned in our recent reports, the price needs to hold above this level to keep the bullish trend active, as breaking it will pressure the price to test 109.90 initially before returning to the rise, while …

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30.06. Fresh trading analysis: Chinese taxi service Didi has priced its IPO at $14 per share.

30.06.2021

Market Review

Wednesday, June 30th, today’s news— The company made this assessment following its roadshow, where they sold more securities than planned. Given the rise in the share price, Didi's market capitalization will be more than $67 billion. This is below the Uber value (about $ 95 billion), but significantly ahead of …

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Trading idea for Commerzbank AG (BM)

30.06.2021

Market Review

#CBK
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.

Trading idea:
Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined channel of the descending truncated pattern. …

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