Daily reviews

Cisco share started correcting the bullish path after reaching the resistance 52.50, after it managed to confirm the break of the previous resistance level of 49.00 and rise above the top, thus confirming the bullish path after the decline that formed last month.

The price is trading …

AUDUSD

The pair found support at 0.7705 and is making an attempt to resume growth amid positive economic statistics from Australia published today. The continued pressure on the US dollar will support the pair.

Technical side:

The price is located above the middle Bollinger band, above SMA 5 and SMA …

AUDNZD

The overall trend is upward. The descending wave pattern is truncated (wave C didn’t break through 123.6% on Fibo). Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold conditions.

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

Trading Idea:

Buy when an ascending wave pattern …

Wednesday, April 14th, today’s news—European markets rise on positive earnings, economic data, and vaccine optimism, tech and luxury stocks in the lead. Treasury yields are up following a higher-than-expected consumer inflation data, dollar is trading near a one-month low. The price of Brent oil is $64.73, WTI—$61.20, EUR/USD is at 1.1953, …

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 26, overlooking the bounce of the US dollar index for the eighth session in eleven sessions …

The Australian dollar versus the US dollar was unable to break the 0.7615 level, to show positive trading and approaching the pivotal resistance that now rises to 0.7670, noting that the stochastic indicator is losing its positive momentum significantly, waiting for the price to stimulate the resumption of the expected …

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 …

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 …

#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 …

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 …