Daily reviews

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 …

GBPUSD

The pair is declining due to profit-taking and the resumption of growth in the yield of US treasuries.

Technical side:

The price is located below the middle Bollinger band, below SMA 5 and SMA 14. The movings have crossed and are giving a sell signal. RSI is below the …

#DAL

The overall trend is upward. The descending wave pattern of the H1 level is truncated. The internal pattern is also truncated. Awesome Oscillator (H1) shows a bullish divergence, while Stochastic Oscillator signals oversold conditions.

Trading idea:

Buy when an ascending wave pattern is formed, where wave (A) breaks through …

Thursday, April 15th, today’s news—Treasury yields fall ahead of jobless claims and retail sales data. Dow is up 100 points, European markets continue to rise on positive earnings, Asian markets are down, dollar remains at one-month lows. The price of Brent oil is $66.27, WTI—$62.83, EUR/USD is at 1.1992, GBP/USD—1.3804, gold …

Futures contracts for gold prices fluctuated in a narrow range that tends to rise during the Asian session, to witness its rebound to the sixth session in eleven sessions from its lowest since the ninth of March, overlooking the rebound of the US dollar index from its lowest since the …