Daily reviews

AUDUSD

The pair remains in a short-term uptrend amid a strong recovery in the global economy this year, which will contribute to the growth of demand for commodity and commodity assets. In this situation, high-yielding currencies, as well as the Australian dollar, will receive support.

Technical side:

The price is …

Wednesday, February 24th, today’s news—European markets rise on upbeat German data, exports and construction activity are up, economic growth beats forecasts. The Fed's chairman Jerome Powell said the low rates are here to stay, the central bank will continue to buy government bonds, oil is down on the rising stockpiles …

The Australian dollar fluctuated in a narrow range sloping upward during the Asian session, to witness its highest since February 16, 2018 against its US counterpart, following the developments and economic data that they followed on the Australian economy and on the cusp of economic developments and data expected today, …

Gazprom continues its bullish path despite the bearish correction that occurred in the price after it reached the target of 232.00, after it managed to break the resistance level at 220.25.

The price is moving above the moving averages 20-7-50, respectively, as the two 20-50 averages form a …

USDSEK

The price pivot zone of 8.2500 held back sellers. The descending pattern of the H8 level is truncated. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold conditions.

Trading idea:

Buy when an ascending wave pattern is formed, above 8.3150.

Stop Loss: 8.2500.

Target levels: 8.4288; 8.5606.

AUDUSD
The pair remains in a short-term uptrend amid strong market hopes for the global economic recovery vigorously in the post-pandemic period, which in turn supports the demand for commodity assets, to which the pair is sensitive.

Technical side:

The price is located above the middle Bollinger band, at the …

#IRAO

The stock is trading in the support level range of 5.1400.  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 …

Monday, February 22nd, today’s news—global markets fall amid the general caution. Investors monitor the rising inflation, lockdowns, vaccination, the upcoming speeches of Jerome Powell and Christine Lagarde are in focus, oil prices rise on the US output slowdown. The price of Brent oil is $62.69, WTI—$59.64, EUR/USD is at 1.2108, GBP/USD—1.4019, …

The dollar versus yen pair continued to decline to test the most important support 105.20 and start rebounding up from there, as the moving average 50 formed a good support to protect the price from incurring more losses, while the stochastic indicator provided positive signals on the four-hour time frame. …

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The Australian dollar against the US dollar provided additional strong positive trades to reach a difference of a few points from our extended target of 0.7915, and some slight bearish tendency appears affected by the negativity of the stochastic indicator, waiting for a positive momentum that contributes to …