Daily reviews

Google's share returned to the downside, as it closed last week's trading below the 1850.00 support level, as the price managed to breach this level with a slight descending price gap, in an attempt to correct the upside and close the bullish price gap that formed last week. Although …

USDCAD

The pair found support at 1.2760 after local growth last week and the same decline. The pair may resume growth if market sentiment doesn’t improve and crude oil prices don’t resume a noticeable increase.

Technical side:

The price is located below the middle Bollinger band, below SMA 5 and …

USDCHF

The overall trend is downward. The currency pair is trading in the range of the 0.8925 resistance level. The ascending pattern of the H12 level is truncated. Awesome Oscillator shows a bearish divergence.

Trading idea:

Sell when a descending wave pattern is formed, where the wave (A) breaks through …

#MAGNIT

The overall trend is upward. The descending pattern of the H8 level is truncated. The support level of 4900 is holding back sellers. A bullish divergence has formed on Awesome Oscillator, and the moving averages of  Stochastic Oscillator have come out of the oversold zone.  The stock is trading …

Friday, January 29th, today’s news—volatile week on Wall Street continues as Internet users trade shorted stocks en masse. Hedge funds incur loses, Dow is down 200 points, European and Asian markets also decline, dollar is stronger amid the turmoil and falling risk appetite. The price of Brent oil is $55.45, …

The Australian dollar fluctuated in a narrow range that tends to decline during the Asian session against the US dollar, after the economic developments and data that were followed by the Australian economy and on the cusp of economic developments and data expected on Friday by the US economy, the …

Futures contracts for gold prices fluctuated in a declining range during the Asian session to witness their rebound for the seventh session in a row from the highest since January 8th and to prepare for the longest daily loss marches since March 2020 and to prepare for resuming their weekly …

#ITX

The overall trend is upward. The price pivot zone of 24.40 deters sellers. The descending wave pattern is truncated. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals oversold conditions.

Trading Idea:

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

AUDNZD

The overall trend is upward. The support level of 1.0671 held back sellers. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold conditions. The descending pattern of the H4 level is truncated.

Trading idea:

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

USDJPY

The pair receives support amid the investors’ misunderstanding of the vaccination process along with the economic growth in Western countries, as well as misunderstandings with the implementation of Joe Biden's support program in the amount of $1.9 trillion.

Technical side:

The price is located above the middle Bollinger band, …