Daily reviews

Friday, June 7th, today’s news—the Basel Committee on Banking Supervision proposes to tighten capital requirements for banks that own bitcoins and other cryptocurrencies. "Some crypto assets have shown their high volatility and may pose risks for financial institutions as their concentration in the banking sector grows." The price of Brent …

#CAT

The overall trend is upward. The bears are testing the price pivot zone of 225.60 and the lower border of the ascending price channel. 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 …

EURSGD

The overall trend is upward. The descending wave pattern of the H8 level is truncated. Awesome Oscillator shows a bullish divergence. The inclined channel of the descending pattern is broken.

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

Trading idea:

Buy on the breakout of 1.6154. …

AUDUSD

It seems that the US inflation growth is not yet scaring investors, who believe that everything is going according to the Fed’s plan. This has led to a new wave of optimism in the markets, which will support demand for risky assets and put pressure on the US dollar. …

Gold futures fluctuated in a narrow range tilted to the downside during the Asian session, to witness its rebound to the fourth session in eight sessions from its highest since the eighth of January, amid the rebound of the US dollar index for the seventh session in thirteen sessions from …

The Australian dollar fluctuated in a narrow range tilted towards decline during the Asian session against the US dollar, following the developments and economic data that we followed about the Australian economy and on the cusp of developments and economic data expected today, Thursday, by the American economy, the largest …

Thursday, June 10th, today’s news—American stock indices closed in the red on Wednesday, while the Dow Jones Industrial Average closed in the red for the third day in a row. The market grew for the main part of the trading session, but in the last half an hour it went …

EURUSD

The pair is trading above 1.2155 amid the ECB's decision on monetary policy and the publication of important data on consumer inflation in America. The result of the ECB meeting will not have a noticeable impact on the dynamics of the pair, but strong deviations from the predicted values …

#PLZL

The general trend is upward. The descending pattern is truncated. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold conditions.

Trading idea:

Buy when an ascending wave pattern is formed above 15210.

Stop loss under the local minimum: 14963.

Target levels: 15655; 16132.

EURCHF

The currency pair is trading in the range of the lower limit of the ascending price channel built on the D1 timeframe. Awesome Oscillator shows bullish divergence, while Stochastic Oscillator signals oversold conditions.

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

Trading idea:

Buy from the …