Daily reviews

#VRTX

The overall trend is upward. The descending pattern is truncated. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold conditions. Breaking through the price pivot zone of 220.38 will result in the formation of an ascending wave pattern, where the wave (A) broke through the inclined channel …

Tuesday, March 9th, today’s news—Dow futures continue to rise after yesterday's 300-point rally. European and Asian markets are mixed, oil falls, dollar is weaker but still supported, Treasury yields retreat, gold is up. The price of Brent oil is $68.63, WTI—$65.36, EUR/USD is at 1.1898, GBP/USD—1.3887, gold is $1,700.70 per ounce. Read …

Futures contracts for gold prices fluctuated in a narrow range sloping to an upward trend during the Asian session, to witness its retracement of the second session from its lowest since June 5, 2020, when it tested its lowest since April 21, 2020, amid the bounce of the US dollar …

Amazon started the downside movement after it managed to breach the support level at 3105.00, ending the sideways movement by breaching the aforementioned support level. Therefore, we are now facing a downside wave in the price that may extend to 2800.00 levels.

We notice on the chart that the price …

AUDUSD

The overall trend is upward. The round minor level of 0.7620 held back the sellers. The "Double Bottom" pattern is probably forming. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals oversold conditions.

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

Trading idea:

Buy …

EURUSD

The pair is trading below 1.1900 amid the rising US government bond yields. If today's small pullback downwards stops, the pair may resume its downward movement after the upper correction.

Technical side:

The price is located below the middle Bollinger band, above SMA 5, but below SMA 14. RSI …

#DHR

The overall trend is upward. The downward movement is approaching 210.35. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold conditions.

Trading idea:

Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined channel of the descending pattern.

Stop loss under …

Friday, March 5th, today’s news—the Fed's chair Jerome Powell predicts a temporary rise in inflation and intends to maintain easy monetary policy. Global markets are down as bond yields rise, dollar is stronger, investors await job data in the US, oil is at a 14-month high on OPEC+ extending the …

#ADBE

The overall trend is upward. The descending wave pattern is truncated. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator indicates oversold conditions.

Trading idea:

Buy when an ascending wave pattern has formed, where the wave (A) breaks through the inclined channel of the descending pattern.

Stop …

AUDUSD

The overall trend is upward. The currency pair is trading in the range of the lower limit of the ascending price channel. The descending pattern is truncated. A Bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals oversold conditions.

 AUDUSD rate online: monitor the price movement in …