Daily reviews

USDCAD

The overall trend is downward. The ascending pattern of the H4 level is truncated. The Awesome Oscillator shows a bearish divergence, while Stochastic Oscillator moving averages have moved out of the overbought zone. The inclined channel of the ascending pattern is broken.

USDCAD rate online: monitor the price movement …

EURUSD

The pair found support at 1.1760. If the German IFO business climate index's data increases, and the values of the basic index of personal consumption expenditures in the US on the contrary don’t grow, the pair may continue to recover.

Technical side:

The price is located below the middle …

Thursday, March 25th, today’s news—European and Asian markets are mixed, pandemic and lockdown concerns continue to weigh. Tech stocks in Asian fall, new Germany data points to improved consumer morale and factory activity, American stocks rise. The price of Brent oil is $63.30, WTI—$59.92, EUR/USD is at 1.1805, GBP/USD—1.3688, gold is …

EURGBP

The overall trend is downward. The ascending wave pattern is truncated. A bearish divergence has formed on Awesome Oscillator, and the moving averages of Stochastic Oscillator are directed downwards from the overbought zone. 

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

Trading idea:

Sell when a descending …

EURUSD

The pair remains under pressure amid the stronger US dollar due to the growth of expectations for an earlier increase in interest rates. which suggests the Fed. If the inflation data presented today shows growth above expectations – this will support the dollar again.

Technical side:

The price is …

#BRK.B

The overall trend is upward. The inclined channel of the descending pattern is broken. The stock is trading in the range of 365 and 135 moving averages. Awesome Oscillator has formed a bullish divergence, and Stochastic Oscillator signals oversold conditions. Breaking through 251.85 (the start fractal) will result in …

The single currency, the euro, fluctuated in a narrow range that tends to rise during the Asian session, to witness its rebound from the lowest since November 23, 2020 against the US dollar on the cusp of developments and economic data expected today, Thursday, by the economies of the euro …

The Australian dollar rose during the Asian session, to witness its rebound for the second session from its lowest since the second of February, when it tested its lowest since December 28, 2020 against the US dollar amid scarcity of economic data by the Australian economy and on the cusp …

Cisco rose, and was able to confirm the breach of the resistance level at 49.00 and rise above the previous high, thus confirming the bullish path after the decline that formed the first of this month.

The price is trading above the moving averages 20-7-50, which form …

GBPUSD

The pair broke out of the range of 1.3800–1.4000 on the strong dollar as the inflation in the US is expected to soar above the target of 2.0% as early as this year. However, the pair is expected to recover technically due to its oversold condition before it can …