Daily reviews

#NVDA

The overall trend is upward. The stock is trading in a range of 365 and 135 moving averages and  an internal downward price channel. A start fractal has formed above 135 EMA. Breaking through the start fractal will  result in the formation of an ascending pattern of 1-2-3 and …

EURAUD

The ascending wave pattern of the H2 level is truncated. Awesome Oscillator shows a bearish divergence. The breakout of 1.5604 will result in the formation of a descending wave pattern, which completed the ascending truncated pattern by breaking through the inclined channel.

EURUAD rate online: monitor the price movement …

EURUSD

The pair remains in a short-term uptrend. It reached our target of 1.2180 yesterday amid the rising demand for risky assets and investors' continuing hopes for the short-term increase in inflation in the US, and this will not allow the Fed to change its current ultra-soft monetary policy.

Technical …

Monday, May 17th, today’s news—bitcoin sank by 10%! This is the most significant drop in the value of cryptocurrency since May 12. The price of Brent oil is $68.72 per barrel, WTI—$65.47. EUR/USD is at 1.2146, GBP/USD—1.4103, gold is $1.853.70 per ounce. Read the daily selection of analytical reviews from …

Futures contracts for gold prices fluctuated in a narrow range that tends to rise during the Asian session, to witness the highest since the tenth of February, overlooking the resumption of the US dollar index rebound from its lowest since the 25th of the same month for the second in …

The Australian dollar against the US dollar made an attempt to breach the 0.7765 level, but it returns to trade below it, which maintains the bearish trend scenario valid for the upcoming period, supported by the negative sign provided by the stochastic indicator, waiting to initially visit the …

CADCHF

The resistance level of 0.7524 is holding back buyers. The ascending wave pattern of the H8 level is truncated and ended with the breakdown of the inclined channel. Awesome Oscillator shows a bearish divergence. The breakout of 0.7423 will result in the formation of a descending wave pattern.

 CADCHF …

EURUSD

The pair remains in a short-term uptrend. It found support above 1.2125 and may significantly increase this week if the mood in the markets significantly improves.

Technical side:

The price is located above the middle Bollinger band, above SMA 5 and SMA 14. RSI is above the 50% level …

#ICE

The overall trend is upward. The downward pattern ended with the breakout of the inclined channel. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator indicator signals oversold conditions.

Trading idea:

Buy shares when an ascending wave pattern is formed after the correction.

Stop Loss: 111.24. …

Futures contracts for gold prices fluctuated in a narrow range that tends to decline during the Asian session, to witness its retracement of the third session in five sessions from its highest since February 11th, and to prepare for weekly losses, overlooking the negative stability of the US dollar index, …