Daily reviews

AUDUSD

The pair is trading below the key level of 0.7600. It can get support amid the maintaining of positive investors’ sentiment to risky game in the markets.

Technical picture:
The price is located above the middle Bollinger band, above SMA 5 and SMA 14. RSI is above the level …

Friday, June 25th, today’s news— If you are looking for a higher dividend yield at the current low interest rates, your choices are limited. After a strong markets recovery following the COVID-19 crash, the average dividend yield for companies in the S&P 500 index is now around 2%. The price …

The US dollar fluctuated in a narrow range tilted to the downside during the Asian session, to witness its rebound for the second consecutive session from its highest since March 26, 2020, while it is still on the verge of its third consecutive weekly gains against the Japanese yen, following …

Gold futures fluctuated in a narrow range tilted to the upside during the Asian session, to witness its rebound for the third session in six sessions from the lowest since April 29, to prepare for the first weekly gains in four weeks, amid the US dollar index resumed its rebound …

AUDUSD
The pair is receiving support due the demand for commodity assets and the growing investor’s confidence about the same Fed’s monetary rate for a significant period of time.

Technical side:
The price is located above the middle Bollinger band, above SMA 5 and SMA 14. RSI is above the …

NZDUSD
The currency pair is trading in the range of 365 and 135 moving averages directed downwards. Awesome Oscillator shows a bearish divergence, and Stochastic Oscillator signals overbought conditions.

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

Trading idea:
Sell when a descending wave pattern is formed, …

#T
There is a truncated descending wave pattern. Awesome Oscillator shows a bullish divergence, and Stochastic Oscillator signals oversold conditions. The inclined channel of the descending pattern is broken.

Trading idea:
Buy when an ascending wave structure is formed on the breakout of 29.00.
Stop Loss: 28.00.
Target levels: 30.19; …

The Australian dollar fluctuated in a narrow range tilted to the upside during the Asian session, to witness its rebound to the fifth session from its lowest since December 21, 2020 against the US dollar amid the scarcity of economic data by the Australian economy and on the cusp of …

Thursday, June 24th, today’s news—European stock indices fell, despite the optimistic PMI data. The composite index of the largest enterprises in the region Stoxx Europe 600 dropped 0.73% to 453.1 points. The price of Brent oil is $75.47 per barrel, WTI—$73.36. EUR/USD is at 1.1938, GBP/USD—1.3964, gold is $1.776.95 per …

#EOAN
The overall trend is upward. The stock is trading in the range of 365 and 135 moving averages directed upwards. Bullish divergence has formed on the Awesome Oscillator, and Stochastic Oscillator signals oversold conditions. The descending wave pattern is truncated.

Trading idea:
Buy when an ascending wave pattern is …