Daily reviews

EURCAD

The descending wave pattern is truncated. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold conditions. The descending wave pattern is probably the wave (B) of the ascending pattern.

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

Trading idea:

Buy when an ascending wave …

EURUSD

The pair remains under pressure amid the publication of strong data on the number of new jobs in the US from ADP. If the official values from the Ministry of Labor are already higher than the forecast, this will strengthen the local decline of the pair.

Technical side:

The …

Thursday, June 3rd, the news of the day—Brent jumped to its peak since 2019 due to an increase in fuel demand. Oil prices on Thursday rose for the third consecutive session, updating highs, following a strong increase in fuel demand in the second half of the year, especially in the …

#BIIB

The support level of 264.0 restrained sellers. The descending wave pattern is truncated. The Awesome Oscillator shows bullish divergence, while Stochastic Oscillator signals oversold conditions. The inclined channel of the descending pattern is broken.

Trading idea:

Trading idea:

Buy on the breakout of 271.64.

Stop Loss: 264.00.

Target …

Gold futures fluctuated in a narrow range tilted to the downside during the Asian session, to witness its rebound for the second session in three sessions from its highest since January 7th, while the US dollar index resumed its rebound from its lowest since the same day for the fourth …

The Australian dollar fluctuated in a narrow range tilted towards decline during the Asian session, to witness its rebound to the second session from its highest since May 26 against the US dollar, following the developments and economic data that we followed about the Australian economy and on the cusp …

EURUSD

The pair continues to consolidate in the range of 1.2170-1.2260 on the wave of expectations for the publication of important data on employment in the US, which will be published today by ADP, and on Friday by the US Department of Labor.

Technical side:

The price is located below …

EURNZD

The ascending pattern of the H2 level is truncated, the inner pattern is also truncated. Awesome Oscillator shows a bearish divergence, while Stochastic Oscillator signals overbought conditions. Probably the ascending truncated of the H2 level is the wave (B) of the descending wave pattern of the H8 level.

EURNZD …

Wednesday, June 2nd, today’s news—the US S&P 500 index closed in the red on Tuesday under pressure from shares in the health and technology sectors, which, at the same time, was offset by growth in the energy and financial sectors: investors weighed fresh economic data from the US in search …

The dollar against the yen pair returns to rise after building on the EMA50, which constitutes a good support for the price, to keep the bullish trend valid on the intraday and short term, noting that our awaited targets start at 110.60 then 111.05.

On the other hand, it …