Daily reviews

GBPUSD
The currency pair is trading in the range of 365 and 135 moving averages directed downwards. A Bearish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals overbought conditions. The inclined channel of the ascending wave pattern of the H2 level is broken.

GBDPUS rate online: monitor …

EURUSD

The pair is consolidating above the level of 1.1920 due to the release of GDP data and the number of applications for unemployment benefits for the past week today. If the data turns out to be no worse than expected, this may stimulate an increase in demand for risky …

Gold futures fluctuated in a narrow range tilted to the upside during the Asian session, to witness its rebound for the second session in four sessions from the lowest since April 29, overlooking the positive stability of the US dollar index near its highest in two months, according to the …

Wednesday, June 23th, today’s news—Amazon (NASDAQ: AMZN) remained the world's most valuable brand, according to BrandZ's Top 100 Most Valuable Global Brands annual report. The value of the Amazon brand increased over the past year by 64% and reached $683.85 billion. The price of Brent oil is $75.44 per barrel, …

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, Wednesday, by the American economy, the largest …

EURUSD

The pair is recovering amid the rising demand for risky assets, which has traditionally provided significant support to the EURUSD over the past 10 years. If the price holds above the level of 1.1920, it will continue to grow.

Technical side:
The price is located above the middle Bollinger …

#ECL

The overall trend is upward. Awesome Oscillator shows bullish divergence, while Stochastic Oscillator signals oversold conditions. The bears tested the lower boundary of the flat zone.

Trading idea:

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

EURCAD
The currency pair is trading in the range of the lower border of the flat zone. Awesome Oscillator shows bullish divergence, while Stochastic Oscillator signals oversold conditions. The descending pattern is probably the wave (B) of the ascending wave pattern.

EURCAD rate online: monitor the price movement in real …

Tuesday, June 22th, today’s news—Hyundai Motor Group has received regulatory approval to acquire Boston Dynamics, an American company known as a developer and manufacturer of robots. The price of Brent oil is $74.95 per barrel, WTI—$73.00. EUR/USD is at 1.1900, GBP/USD—1.3869, gold is $1.779.40 per ounce. Read the daily selection …

The Australian dollar against the US dollar pair presented slight positive trading yesterday, and it starts today with a bearish bias in a sign of resuming the expected bearish trend for the upcoming period, supported by the negativity of the stochastic indicator, waiting to break the 0.7500 level to confirm …