Daily reviews

EURUSD

The pair is trading below 1.2175, forming the uptrend descending flag pattern. The growth of fears in the markets puts pressure on the pair, along with the fact that the Fed may announce the beginning of a reduction in the volume of government bond repurchases as early as September …

The Australian dollar fluctuated in a narrow range tilted to the downside during the Asian session against the US dollar, following the developments and economic data that we followed earlier this week by the Australian economy and on the cusp of developments and economic data expected today, Monday, by the …

Monday, June 7th, today’s news—Anonymous hackers accused Elon Musk of excessively influencing the cryptocurrency market through his Twitter, as well as neglecting the investments of ordinary people. The message was published on the official YouTube channel of the organization. The price of Brent oil is $71.41 per barrel, WTI—$69.23. EUR/USD …

GBPUSD

The pair is still trading in the range of 1.4100-1.4220. But there is a high probability of its exit from it down on the background of a speech this weekend by Janet Yellen, the US Treasury Secretary, who expressed a desire for higher interest rates by the end of …

#D

The trend is upward. The downward pattern ended with the breakout of the inclined channel. The Stochastic Oscillator signals oversold conditions. The breakout of 77.25 will result in the formation of an ascending pattern within the C wave.

Trading idea:

Buy on the breakout of 77.25 level.

Stop Loss: …

NZDJPY

The overall trend is upward. The bears tested the lower limit of the ascending price channel. The descending five-wave design ended with the breakout of the pivot. Stochastic Oscillator signals oversold conditions. The breakout of 79.05 will result in the formation of an ascending wave structure within the overall …

#KMB

The overall trend is upward. The support level of 128.64 is holding back sellers. The descending wave 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.

Stop loss under the local minimum …

The US dollar fluctuated in a narrow range tilted to the downside during the Asian session, to witness its rebound from the top since the sixth of last April, while it is still on track for its second consecutive weekly gain against the Japanese yen.

This comes after developments …

Gold futures fluctuated in a narrow range tilted to the downside during the Asian session, to witness its rebound for the third session in four sessions from its highest since the seventh of January, to prepare for the first weekly losses in five weeks, amid the rebound of the US …

Friday, June 4th, today’s news—The U.S. stock market ended lower on Thursday, as the consumer services, technology and consumer goods sectors led the market lower. The price of Brent oil today is $71.56 per barrel, WTI—$69.08. EUR/USD is at 1.21139, GBP/USD—1.41085, the price of an ounce of gold is $1,872. …