Daily reviews

NZDCHF

The descending wave pattern is truncated. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold conditions.

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

Trading idea:

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

Gold futures fluctuated in a narrow range tilted to the downside during the Asian session, to witness its rebound for the third session in six sessions from its highest since January 7th, amid the positive stability of the US dollar index, according to the inverse relationship between them, following the …

The Australian dollar fluctuated in a narrow range tilted towards the 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, Tuesday, by the American economy, the …

Tuesday, June 8th, today’s news—WTI crude oil futures fell during Asian trading on Tuesday. On the New York Mercantile Exchange, WTI crude oil futures for July delivery are trading at $68.65 a barrel. The price of Brent oil is $71.02 per barrel, WTI—$68.81. EUR/USD is at 1.2174, GBP/USD—1.4143, gold is …

#MRK

The overall trend is upward. The downward movement tested the trend line on the weekly timeframe. Bears are approaching the support level of 72.06. Stochastic Oscillator signal oversold conditions.

Trading idea:

Buy from the support level of 72.06.

Stop Loss: 70.00.

Target levels: 79.42; 83.82; 87.08.

GBPCHF

The descending wave pattern is truncated. The 365 and 135 moving averages signal an upward movement. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold conditions.

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

Trading idea:

Buy the pair when an ascending wave pattern is …

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 …