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Phillips 66 Trading Analysis (05/06/2024)

05.06.2024

Market Review

The trend is ascending. The stock is traded in the range between 365 and 135 ЕМА. The downward wave structure is truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state. Bears have tested the mirror level of 136.20.

The Phillips 66 Company stock price chart

Trading idea:

  • Buy when the formation of the ascending …
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XAU/EUR Trading Analysis (05/06/2024)

05.06.2024

Market Review

Bears have tested the support level of 2129.50. The downward wave structure is truncated. There is the bullish divergence on the Awesome Oscillator, and the moving averages of the Stochastic Oscillator are out of the oversold zone. The sloping channel of the downward wave structure is breached.

XAU/EUR price chart

Trading idea:

Buy when the formation …

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Visa Trading Analysis (04/06/2024)

04.06.2024

Market Review

The trend is ascending. The downward wave structure is truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an oversold condition.

Visa stock price chart

Trading analysis:

Buy when the formation of the ascending wave structure begins, when the wave A breaches the sloping channel of the downward truncated …

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CAD/JPY Trading Analysis (04/06/2024)

04.06.2024

Market Review

The trend is ascending. The currency pair is traded in the range between 365 and 135 ЕМА. The downward wave structure is truncated. There is a bullish divergence on the Awesome Oscillator, and moving averages of the Stochastic Oscillator are out of the oversold zone.

CAD/JPY Forex price chart

Trading analysis:

Buy when the formation of the …

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Alibaba Trading Analysis (03/06/2024)

03.06.2024

Market Review

The trend is ascending. The stock is traded in the range between 365 and 135 ЕМА. The downward wave structure is truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.

Alibaba Group Holding Ltd. stock price

Trading idea:

Buy when the formation of the ascending wave structure begins, when the wave …

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XAU/USD Trading Analysis (03/06/2024)

03.06.2024

Market Review

The trend is ascending. The downward wave structures are truncated. There is bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.

XAU/USD price chart

Trading idea:

Buy when the formation of the ascending wave structure begins, when the wave A breaches 2330.80 (pivot 2 of the wave C).

Stop-Loss …

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Amazon Trading Analysis (31/05/2024)

31.05.2024

Market Review

The trend is ascending. The stock is traded in the range between 365 and 135 ЕМА. The downward wave structure is truncated. There is a bullish divergence on the Awesome Oscillator. Moving averages of the Stochastic Oscillator are in the oversold zone.

Amazon.com, Inc. stock price chart

Trading idea:

Buy when the formation of the ascending wave structure …

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USD/CAD Trading Analysis (31/05/2024)

31.05.2024

Market Review

The trend is ascending. The currency pair is traded in the range between 365 and 135 ЕМА. The downward wave structure is truncated. There is a bullish divergence on the Awesome Oscillator, and moving averages of the Stochastic Oscillator are out of the oversold zone.

USD/CAD price chart

Trading idea:

Buy when the formation of …

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Chevron Trading Analysis (30/05/2024)

30.05.2024

Market Review

The trend is ascending. The stock is traded in the range between 365 and 135 ЕМА. The downward wave structure is truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.

Chevron Corp. stock price

Trading idea:

Buy when the formation of the ascending wave structure begins, when …

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XAU/EUR Trading Analysis (30/05/2024)

30.05.2024

Market Review

The trend is ascending. The gold is traded in the range between 365 and 135 ЕМА. The downward wave structures are truncated. There is bullish divergence on the Awesome Oscillator.

XAU/EUR price chart

Trading idea:

Buy when the formation of the ascending wave structure begins, when the wave A breaches the sloping channel of …

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