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GBPUSD technical analysis

14.04.2021

Technical reviews

GBPUSD

The pair receives significant support amid the rising demand for risky assets, as well as the weaker US dollar, which was under pressure due to the changed market focus following the high inflation in the US to the strengthening of economic growth, which contributes to increased interest from investors …

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EURGBP analysis

14.04.2021

Technical reviews

EURGBP

The overall trend is downward. The ascending wave pattern of the H8 level is truncated. Awesome Oscillator shows a bearish divergence, while Stochastic Oscillator signals overbought conditions.

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

Trading idea:

Sell when a descending wave pattern is formed, where the …

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Trading idea for Royal Dutch Shell PLC (LSE)

14.04.2021

Technical reviews

#RDSA

The overall trend is upward. The stock is trading in the range of 365 and 135 moving averages.  The descending wave pattern is truncated. Awesome Oscillator has formed a bullish divergence, and Stochastic Oscillator signals oversold conditions.

Trading idea:

Buy when an ascending wave pattern is formed, where the …

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CADCHF analysis

13.04.2021

Technical reviews

CADCHF

The overall trend is upward. The descending wave pattern is truncated. A multi-light "double bottom" shape is formed. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator indicates an oversold condition.

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

Trading idea:

Buy when an ascending wave pattern …

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Trading Idea for Baidu Inc. (NASDAQ)

13.04.2021

Technical reviews

#BIDU

The overall trend is upward. The descending wave pattern ended with the breakout of the inclined channel. Moving indicators of the Stochastic Oscillator came out of the oversold zone. Breaking through the price pivot zone of 229.00 will result in the formation of an ascending wave pattern.

Trading idea: …

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13.04. Fresh trading analysis: US inflation report in focus, trade data from China

13.04.2021

Technical reviews

Tuesday, April 13th, today’s news—American stocks are flat ahead of a key inflation report. China's exports are below the forecast, but imports are better than predicted, the data supports the Asian markets and oil prices, gold weakens, dollar rises from a three-week low, European markets await earnings. The price of Brent oil is …

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GOLD Spot technical analysis

13.04.2021

Technical reviews

GOLD Spot

Gold is under strong pressure as investors wait for the release of US consumer inflation data, which will be presented today. If it shows an increase in inflationary pressure, the pair will continue to drop. At the same time, if it demonstrates its weakening or turns out to …

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USDJPY analysis

13.04.2021

Technical reviews

The US dollar fluctuated in a narrow range slanting to an upside during the Asian session, to witness its rebound for the second session in four sessions from the lowest since March 25 against the Japanese yen following the developments and economic data that they followed on the Japanese economy …

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Amazon stock analysis

13.04.2021

Technical reviews

 

Amazon started the upward movement above the support level 3330.00 after it managed to rise above the previous support level 3105.00. Thus, ending the lower movement by breaching the mentioned levels

We notice on the chart that the price is moving above the 20- 50 moving averages, so it …

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Google stock analysis

12.04.2021

Technical reviews

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 2050.00 and form the first …

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