Daily reviews

The Australian dollar fluctuated in a narrow range sloping upward during the Asian session, to witness its rebound for the second session in three sessions, from its lowest since May 13 against the US dollar, following the developments and economic data that were followed on Wednesday by the Australian economy …

Gazprom share continues its upward path after it managed to breach the resistance 245.50 and stabilize above it. Therefore, we are facing the continuation of the bullish movement to the upside, and the next target will be the level of 273.40.

The price is moving above the 7-20-50 moving …

#RIO

The overall trend is upward. The stock is trading in a corrective (downward) price channel. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold conditions.

Trading idea:

Buy the pair when an ascending pattern 1-2-3 is formed, where wave 1 breaks through the upper limit of the …

EURCAD

The overall trend is downward. The currency pair is trading in the range of 365 and 135 moving averages. Awesome Oscillator shows a bearish divergence, while Stochastic Oscillator signals overbought conditions. Probably the ascending pattern of the H1 level is the wave (B) of the descending pattern of the …

Tuesday, May 25th, today’s news—Stock indices of the Asia-Pacific region rose in trading on Tuesday following similar dynamics in the US stock market amid easing worries about inflation and renewed investor demand for risky assets. The price of Brent oil is $68.31 per barrel, WTI—$65.97. EUR/USD is at 1.2259, GBP/USD—1.4204, …

The dollar against the yen shows slight negative trades to gradually move away from the broken support of the ascending channel, to keep the bearish trend scenario valid and effective for the upcoming period, supported by the EMA50, waiting to visit 107.68, which represents our main target, reminding you of …

Futures contracts for gold prices fluctuated in a narrow range that tends to decline during the Asian session, to witness the resumption of its rebound from its high since the eighth of January for the second session in five sessions, overlooking the decline of the US dollar index and its …

#OXY

The trend is upward. The stock is trading in the range of 365 and 135 moving averages. The descending wave pattern is truncated, and Awesome Oscillator shows a bullish divergence. The breakout of 26.80 will result in the formation of an ascending wave pattern.

Trading idea:

Buy at the …

GBPCAD

The overall trend is downward. The price pivot zone of 1.7153 deters buyers. The ascending wave pattern of the H4 level is truncated, and a Bearish divergence has formed on Awesome Oscillator. Breaking through the support level of 1.7029 will result in the formation of a descending wave pattern …

EURUSD

The pair remains in a short-term uptrend. It's getting closer to our goal of yesterday. The pair still has the potential to continue growing, if the overall positive sentiment in the markets persists.

Technical side:

The price is located above the middle Bollinger band, above SMA 5 and SMA …