Daily reviews

#CMS

The overall trend is upward. The descending pattern is truncated. A false breakout of the support level of 55.72 has formed. Awesome Oscillator shows a bullish divergence.

Trading idea:

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

USDJPY

The overall trend is upward. The descending pattern is truncated. The round intermediate level of 104.50 is holding back sellers. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator moving averages have moved out of the oversold zone.

Trading idea:

Buy when an ascending wave pattern is formed, where …

USDJPY
The pair is declining amid the overall trend of weaker US dollar, which is formed due to the new large-scale incentives in America in the amount of $ 1.9 trillion.
Technical side:
The price is located below the middle Bollinger band, below SMA 5 and SMA 14. RSI is …

Tuesday, February 9th, today’s news—American and European markets are flat despite the positive economic data. Chain's stocks rise, while Asian markets are mixed overall, oil continues to gain, dollar is weaker, bitcoin hits a new high: $48,216. The price of Brent oil is $60.88, WTI—$58.23, EUR/USD is at 1.2107, GBP/USD—1.3783, …

The Australian dollar fluctuated in a narrow, upward range during the Asian session, to witness its rebound to the fourth session in six sessions from its lowest since December 28, 2020 against the US dollar, following the developments and economic data that they followed on the Australian economy and on …

The single currency, the euro, fluctuated in a narrow, rising range during the Asian session, to witness its retracement for the third consecutive session since the beginning of December 2020 against the US dollar on the cusp of economic developments and data expected today, Tuesday, by the economies of the …

Amazon stock continues its upward movement despite the decline that occurred at the end of last week, to continue trading within the ascending channel in which it was trading, which is shown by the graph. Although the price is currently testing a resistance level at 3330.00

We notice on the …

#BA

The overall trend is upward. The descending price channel is broken. Awesome Oscillator shows a bullish divergence. Breaking through the resistance level of 213.0 will result in the formation of an ascending wave pattern of the H1 level.

Trading idea:

Buy above 213.0.

Stop Loss: 191.75.

Target levels: 242.0; …

GBPNZD

The currency pair is trading in the range of 365 and 135 moving averages. Stochastic Oscillator signals oversold conditions. A bullish divergence has formed on Awesome Oscillator. Probably a downward movement is the wave (B) of an H2 level ascending pattern.

Trading idea:

Buy when an ascending wave pattern …

USDJPY

The pair is dropping strongly amid a possible correction in the stock markets. The continuation of such trends will lead to an increase in demand for the yen and to a further local drop.

Technical side:

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