Daily reviews

#KMB

The descending pattern is truncated. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals oversold condition. Breaking through the resistance level of 132.64 will result in the formation of an ascending wave pattern.

Trading idea:

Buy above 132.64.

Stop Loss: 129.30.

Target levels: 138.00; 144.00; 155.00.

GBPNZD
The currency pair is trading in the range of the resistance level of 1.9185 and the upper limit of the descending price channel. A bearish divergence has formed on Awesome Oscillator, and the Stochastic Oscillator signals overbought condition.

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

Trading …

#KO

The Coca-Cola shares experience a significant correction caused by a negative report amid the pandemic. The support level of 48.20 is holding back sellers. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals an oversold condition.

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

USDCAD

The pair dropped below 1.2700 ahead of the Bank of Canada’s monetary policy meeting. The regulator is expected to leave interest rates unchanged, which will support the Canadian currency as oil prices rise.

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

Wednesday, January 20th, today’s news—European markets rise ahead of Joe Biden inauguration, American stocks are trading flat. Asian markets rise as Janet Yellen calls for big spending and Alibaba founder appears in public for the first time in three months, dollar is weaker. The price of Brent oil is $56.30, …

Futures contracts for gold prices fluctuated in an upward sloping range during the Asian session to witness their rebound for the second consecutive session from the lowest since the beginning of December amid the bounce of the US dollar index for the third session in a row from its high …

The Gazprom share was unable to stabilize above the resistance level, to correct this week for the strong ascending path, but in general the stock continues on the upside path within the ascending channel that is clearing our chart.

The moving averages support the upward movement as the price moves …

Tuesday, January 19th, today’s news—European markets rise on positive earnings reports and optimistic sentiment in the US and China. Dow Jones is up more than 100 points after a losing week, oil rises, markets await the Senate testimony by the Treasury Secretary nominee Janet Yellen, Treasury yields rise, dollar is …

Gold futures contracts fluctuated in an upward sloping range during the Asian session to witness their rebound from the lowest since the beginning of December, amid the bounce of the US dollar index, the second session in a row from its highest since the 21st of the same month, according …

The Australian dollar versus the US dollar found strong support at 0.7665, to rebound to the upside and head towards a possible re-test of the previously broken support of the ascending channel, which turns into an important resistance now at 0.7745, where the price needs to stabilize below this level …