Daily reviews

AUDUSD

The pair remains under pressure amid falling demand for risky assets ahead of the Fed's monetary policy meeting. The pair may continue its decline if the negative sentiment in the markets persists.

Technical side:

The price is located below the middle Bollinger band, below SMA 5 and SMA 14. …

GBPSEK

The overall trend is upward. The currency pair is trading in the range of 365 and 135 moving averages. The descending pattern of the H2 level is truncated. Awesome Oscillator shows a bullish divergence.

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

Trading idea:

Buy when an …

Monday, January 25nd, today’s news—European, American, Asian markets rise on positive earnings reports, economic data, and a new stimulus package in the US. Oil is up, dollar weakens, the Fed's meeting is in focus. The price of Brent oil is $55.58, WTI—$52.67, EUR/USD is at 1.2149, GBP/USD—1.3675, gold is $1,854.95 …

The euro against the dollar has completed forming a double bottom pattern, its features appear in the above chart, and we notice that the stochastic indicator is gradually gaining positive momentum, waiting to stimulate the price to continue to rise, so that the bullish trend scenario remains valid and effective …

Google’s stock closed last week’s trading above the support level of 1846.00, as the price was able to breach this level with a rising gap. And ending the sideways movement in which he was moving during the past weeks.

The moving averages support the upward movement of the stock, which …

GBPAUD
The overall trend is downward. Ascending pattern of the H12 and H4 levels are truncated. Awesome Oscillator shows a bearish divergence, while Stochastic Oscillator signals overbought conditions.

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

Trading idea:
Sell when a descending wave pattern is formed, where the …

#AEE
The overall trend is upward. The descending pattern of the H4 level 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 the inclined channel of the …

AUDUSD

The pair shows again the probability of a local downward turn due to the continued consolidation dominance period in the market, which may cause a decline.

Technical side:

The price is located below the middle Bollinger band, above SMA 5, but below SMA 14. RSI is above the 50% …

Friday, January 22nd, today’s news—European markets retreat after a strong week, ECB holds interest rates steady, possible new COVID restrictions weigh, new economic data in focus. American markets also fall after S&P 500 hits new highs, bitcoin falls below $30,000 in a cryptocurrency sell-off, dollar continues to weaken, oil falls …

Futures contracts for gold prices fluctuated in a declining range during the Asian session, to witness their rebound for the second consecutive session from the highest since January 8th amid the positive stability of the US dollar index according to the inverse relationship between them on the cusp of developments …