Daily reviews

The Australian dollar against the US dollar reached the support of the ascending channel that appears in the image, and we note that the stochastic indicator is losing its positive momentum to reach the outskirts of overbought areas, which supports the chances of continuing the negative scenario in the intraday …

Friday, May 14th, today’s news—The hacker-affected Colonial Pipeline has resumed deliveries of fuel to all customers. The operator warned that it would take "several days" for all fuel supplies to return to normal mode. The price of Brent oil is $ 66.57 per barrel, WTI—$63.39. EUR/USD is at 1.2116, GBP/USD—1.4067, …

#INTC

The overall trend is upward. The descending wave pattern is truncated. A bullish divergence has formed on Awesome Oscillator, and the moving averages of the Stochastic Oscillator enter the oversold zone. The mirror level 53.40 is holding back sellers.

Trading idea:

Buy when an ascending wave pattern is formed, …

NZDJPY

The overall trend is upward. The currency pair is trading in an upward price channel. Stochastic Oscillator signals oversold conditions.

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

Trading idea:

Buy on the retest of the mirror level 78.36 (the lower border of the ascending price …

EURUSD

The pair remains in a short-term uptrend. It stayed above 1.2065 and has the potential for local growth if general investor sentiment in the market improves.

Technical side:

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

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 from its high since February 11, amid the bounce of the US dollar index for the second session from its lowest since the 25th …

The Australian dollar against the US dollar maintains its stability above the pivotal support floor of 0.7810, to keep the bullish trend valid and effective for the upcoming period, stimulated by the positivity of the stochastic indicator, awaiting a visit to the 0.7900 level initially.

Breaching the target level …

Thursday, May 13th, today’s news— Tesla stops accepting bitcoins as payment for its cars. "We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel" Elon Musk tweeted. The price of Brent oil is $68.27 per …

AUDJPY

The overall trend is upward. The currency pair is trading in the range of 365 and 135 moving averages directed upwards. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals oversold conditions.

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

Trading idea:

Buy …

EURUSD

The pair found support at the target level of 1.2065, but it remains in a short-term uptrend. Amid improving market sentiment, the pair may grow locally today.

Technical side:

The price is located below the middle Bollinger band, above SMA 5, but below SMA 14. RSI is below the …