Daily reviews

Friday, April 9th, today’s news—European markets are mixed after retreating from record highs, Germany reports a rise in exports, but a drop in industrial output. Oil is trading steady, Treasury yields rise ahead of PPI, dollar rebounded form lows. The price of Brent oil is $63.25, WTI—$59.74, EUR/USD is at 1.1888, …

#CBK

The overall trend is upward. The support level of 5.020 is holding back sellers. The descending wave pattern is truncated. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator indicator signals oversold conditions.

Trading idea:

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

GBPUSD

The Fibonacci level of 88.2 from the assumed wave (A) is not broken, which gives the opportunity to assume that the descending pattern is a wave (B). Awesome Oscillator shows bullish divergence, while Stochastic Oscillator signals oversold conditions.

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

Trading …

EURUSD

The continued demand for risky assets puts pressure on the dollar, as it is the funding currency, which makes it profitable to borrow in dollars and then use it to buy other currencies, which, such as the euro, are supported by the wave of demand for the company shares …

Thursday, April 8th, today’s news—the Fed's meeting minutes confirm the regulator's dovish policy. Treasury yields fall ahead of jobless claims data, dollar is trading near a two-week low, global stock markets rise, S&P 500 hits another record close, Germany's industrial orders rise. The price of Brent oil is $62.77, WTI—$59.27, EUR/USD …

The Australian dollar against the US dollar managed to break the 0.7615 level and close the daily candle below it, which supports the continuation of our bearish expectations effectively during the coming period, paving the way for heading towards 0.7500, which represents our next negative target.

Therefore, we will continue …

Cisco's share continues to rise after it managed 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 last month.

The price is trading above the moving averages …

NZDCAD

The overall trend is downward. The currency pair is trading in the range of 365 and 135 moving averages, A "start fractal" has formed below the 135 EMA. Breaking through the "start fractal" will result in the formation of a descending wave pattern within the overall downtrend.

NZDCAD rate …

#RRC

The overall trend is upward. The stock is trading in the range of 365 and 135 moving averages. The descending wave pattern is truncated and ended with the breakdown of the inclined channel. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold condotions. The breakout of 10.30 …

EURUSD

The pair is again below 1.1880. If the market continues to maintain a positive sentiment for purchasing companies shares and the yield of US treasuries will remain under pressure, it will negatively affect the US dollar, pushing the pair up.

Technical side:

The price is located above the middle …