Daily reviews

AUDUSD

The overall trend is upward. The descending pattern of the H2 level is truncated. The internal pattern of the M30 level is also truncated. A reversal wave model has formed. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold conditions. The “hammer” reversal pattern has formed on …

EURUSD

The pair remains in a short-term uptrend. It found support at 1.2160. Positive sentiment in the markets amid the new US employment data, which will be published next week, may support the pair.

Technical side:

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

Friday, May 21th, today’s news—dollar is slightly changing against euro and yen. The ICE index, tracking the dollar dynamics against six currencies (euro, swiss franc, yen, canadian dollar, pound sterling and swedish krona), lost 0.1%. The WSJ Dollar Index lost 0.02%. The price of Brent oil is $64.89 per barrel, …

Futures contracts for gold prices fluctuated in a narrow range that tends to decline during the Asian session to prepare to end its longest daily gain trajectory since July 2020, while it is still in the process of its third consecutive weekly gains as it stabilized near its highest in …

#KMB

The overall trend is upward. The support level of 128.64 is holding back sellers. The inclined channel of the descending structure is broken. Awesome Oscillator shows bullish divergence, while Stochastic Oscillator signals oversold. The breakout of 133.80 will result in the formation of an ascending wave pattern within the …

EURUSD

The pair remains in a short-term uptrend. If the data published today on the indices of business activity in the manufacturing sector and the services sector in the eurozone and Germany turn out to be no worse than expected, this may serve as a reason for the pair's growth. …

EURGBP

The overall trend is downward. The currency pair is trading in the range of 365 and 135 moving averages. A start fractal has formed below the 135 EMA, and above is a signal fractal. Breaking through the start fractal will result in the formation of a downtrend pattern of …

Thursday, May 20th, today’s news—Bitcoin has returned to $40,000 after falling on Wednesday, when the cryptocurrency lost a third of its value and fell to $30,000. The price of Brent oil is $66.84 per barrel, WTI—$63.62. EUR/USD is at 1.2186, GBP/USD—1.4110, gold is $1.872.95 per ounce. Read the daily selection …

#INTC

The overall trend is upward. The descending wave pattern is truncated. Awesome Oscillator shows bullish divergence, while Stochastic Oscillator indicator signals oversold conditions. Breaking through the price pivot zone of 56.14 will result in the formation of an ascending wave pattern within the overall uptrend.

Trading idea:

Buy at …

AUDNZD

The overall trend is downward. The ascending wave pattern of the M30 level is currently truncated. Awesome Oscillator shows a bearish divergence, while Stochastic Oscillator signals overbought conditions.

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

Trading idea:

Sell when a descending wave pattern is formed, where …