Daily reviews

Friday, February 26th, today’s news—global sell-off on the markets prompted by a sharp spike in Treasury yields. Japan's Nikkei 225 is down by nearly 4%, American and Asian stocks suffer worst fall in several months, oil is down 1%, dollar is stronger. The price of Brent oil is $65.47, WTI—$62.94, EUR/USD …

The Australian dollar against the US dollar was subjected to strong negative pressure to break 0.7915 and incur losses that reached 0.7820, and we expect an extension of the descending wave to test the support of the main ascending channel at 0.7755 before attempting to return to the upside again. …

Aeroflot continues to move sideways below the support level 71.10 that it breached during the past week, confirming the break of this level, thus starting a bearish path.

Whereas, the price is moving below the averages level 20-50 after it managed to breach it this week, which is …

BTCUSD
The overall trend is upward. The descending pattern is truncated. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator i signals oversold conditions.
BTCUSD rate online: monitor the price movement in real time.

Trading idea:
Buy when an ascending wave pattern is formed, where the wave …

GBPUSD

The pair is correcting downwards amid the growth of negative sentiment caused by the dropped stock indices and the growth in the yield of US treasuries, which support the demand for the US dollar.

Technical side:

The price is located below the lower Bollinger band, below the PMA 5 …

Thursday, February 25th, today’s news—European stocks continue to rise amid the positive trends on global markets and the Fed's dovish policy. Treasury yields rise, the US markets are mixed after Dow closes at record level, oil is at 13-month highs, dollar continues to weaken. The price of Brent oil is …

The Australian dollar against the US dollar traded in a noticeable positive way, approaching our awaited target at 0.8000, to keep the bullish trend scenario effective for the upcoming period, noting that surpassing the aforementioned level will extend the bullish wave to reach 0.8120 as a next target.

On the …

Cisco's stock fell and returned to the sideways movement it was moving within near the level of 45.20, after the strong movement that occurred during the current week.

Trading around the 20-50 moving averages continues, as the price moves directly above the 20 average, which supports the price to …

CHFJPY

The overall trend is upward. The currency pair broke away from the lower limit of the ascending price channel and the support level of 116.17.

Stochastic Oscillator signals oversold conditions on the H4 TF. The price is located at the inclined channel of the descending H2 pattern.

CHFJPY rate …

#AEP

The overall trend is upward. The descending wave pattern is truncated. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator indicates oversold conditions.

Trading idea:

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

Stop Loss …