Daily reviews

Wednesday, June 9th, today’s news—the US dollar fell against most major currencies. Investors await the publication of data on changes in consumer prices in the United States in May. The consensus forecast of experts surveyed by Trading Economics provides acceleration of inflation in the US in May to 4.7%. In …

#MUV2

The overall trend is upward. The support level of 230.00 remains unbroken. Awesome Oscillator shows a bullish divergence.

Trading idea:

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

Stop loss under the support level of 230.00.

Target levels: 249.00; …

Gold futures contracts fluctuated in a narrow range tilted to the upside during the Asian session, to witness its rebound for the third session in four sessions from its lowest since May 19, amid the US dollar index resumed rebounding from its highest since 14 of the same month …

The Australian dollar against the US dollar pair continues with quiet negative fluctuation, and as long as the price is below 0.7765, our expectations for the bearish trend will remain valid for the upcoming period, waiting for a negative incentive that contributes to pushing the price to resume the decline …

NZDCHF

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

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

Trading idea:

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

Gold futures fluctuated in a narrow range tilted to the downside during the Asian session, to witness its rebound for the third session in six sessions from its highest since January 7th, amid the positive stability of the US dollar index, according to the inverse relationship between them, following the …

The Australian dollar fluctuated in a narrow range tilted towards the 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, Tuesday, by the American economy, the …

Tuesday, June 8th, today’s news—WTI crude oil futures fell during Asian trading on Tuesday. On the New York Mercantile Exchange, WTI crude oil futures for July delivery are trading at $68.65 a barrel. The price of Brent oil is $71.02 per barrel, WTI—$68.81. EUR/USD is at 1.2174, GBP/USD—1.4143, gold is …

#MRK

The overall trend is upward. The downward movement tested the trend line on the weekly timeframe. Bears are approaching the support level of 72.06. Stochastic Oscillator signal oversold conditions.

Trading idea:

Buy from the support level of 72.06.

Stop Loss: 70.00.

Target levels: 79.42; 83.82; 87.08.

GBPCHF

The descending wave pattern is truncated. The 365 and 135 moving averages signal an upward movement. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold conditions.

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

Trading idea:

Buy the pair when an ascending wave pattern is …