Daily reviews

AUDNZD

The overall trend is upward. The descending pattern of the H8 level is truncated. Awesome Oscillator shows a bullish divergence. The support level of 1.0790 is holding back sellers.

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

Trading idea:

Buy when an ascending wave pattern is …

Monday, April 19th, today’s news—Asian markets are trading at 1.5-month highs, China's stocks lead. American markets are mixed following Dow and S&P record closes, oil drops on COVID-19 worries, dollar is still at one-month lows, popular cryptocurrencies fall, bitcoin traded almost 20% down. The price of Brent oil is $66.57, WTI—$63.03, …

The Australian dollar against the US dollar rebounded to the downside after achieving the first awaited target at 0.7765, heading towards a possible test of the 50 moving average that continues to support the price from below, noting that the stochastic indicator reaches oversold areas now.

Consequently, these factors …

Google's stock was able to rise and breach the resistance level, thus confirming the bullish path and continuing to rise

The moving averages support the upward movement of the stock which is moving below the price, as the 50 average moves near the support level 2075.00 and forms …

USDCAD

The currency pair is trading in the round important level of 1.2500. A start fractal has formed above the secondary level of 1.2520. Breaking through the fractal will result in a formation of an ascending wave pattern and fixing the price above the round secondary level of 1.2520.

USDCAD …

EURUSD

The pair is consolidating in 1.1950-1.1990. It may resume its growth amid overall positive sentiments in the markets and the weaker dollar, which is caused by lower US treasure data.

Technical side:
The price is located above the middle Bollinger band, above SMA 5 and SMA 14. RSI is …

Futures contracts for gold prices fluctuated in a narrow range that tends to decline during the Asian session, to witness its rebound for the second session from its highest since February 26, amid the rebound of the US dollar index for the second session in a row from its lowest …

The dollar versus yen pair provided negative trading yesterday to move away from the 109.22 level, reinforcing expectations that the bearish trend will continue in the upcoming sessions, reminding you that our next target extends to 107.70, while achieving it requires stability below 109.22, noting that the SMA 50 continues …

Friday, April 16th, today’s news—China's GDP grew by the record 18.3% year-on-year, but the quarterly growth missed the expectations. Oil prices are at a month high, Asian markets are mixed, American stocks are flat after Dow closes at the record 34,000, Treasury yields and gold are down, dollar strengthens, European …

GBPJPY

The descending wave pattern is truncated. The support level of 149.57 is holding back sellers. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold conditions.

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

Trading idea:

Buy when an ascending wave pattern is formed.

Stop Loss …