Daily reviews

#ABC

The overall trend is upward. The bears tested the lower limit of the ascending price channel. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals an oversold condition. The inclined channel of the proposed correction pattern is broken (A).

Trading idea:

Buy on the breakout of 98.26 when …

Sber Bank shares are correcting the bullish path after reaching the resistance level 290.00 previously, where the price fell, breaching several support levels of 271.00, and reaching the next support level 260.00.

The price is moving below the 7-20 moving averages that form resistance levels and pressurize it to …

Tuesday, December 22nd, today’s news—new coronavirus strain fears overshadow the recovery hopes amid the vaccine rollout. European and Asian markets fall, S&P 500 dips, the US Treasury yields and oil prices are also down. The price of Brent oil is $50.06, WTI—$47.05, EUR/USD is at 1.2219, GBP/USD—1.3434, gold is $1,876.85 …

#HUM

The overall trend is upward. A false breakout of the support level has formed. The stock trades in a range of 365 and 135 moving averages. Awesome Oscillator shows a Bullish divergence, while Stochastic Oscillator signals an oversold condition.

Trading idea:

Buy on the formation of an upward wave …

Analysis based on modified wave analysis, Fibonacci retracement and price channels.

GBPAUD

On the W1 timeframe, a bullish divergence has formed, Stochastic Oscillator signals an oversold condition. The descending W1 level pattern is truncated at the moment. The bears tested the historic price pibvot zone 1.7415.

GBPAUD rate online: monitor …

AUDUSD

The pair are under pressure amid fears in financial markets over the new, more quickly spreading COVID-19 strain in the UK. Spreading to mainland Europe may increase the death toll and cause new lockdowns.

Technical side:

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

Monday, December 21st, today’s news—after months of unsuccessful talks, the US Congress approves a $900 billion support package hours before deadline. A new coronavirus strain in the UK: the pound sterling, stocks of European companies, oil are down, gold and the dollar soar. The price of Brent oil is $50.39, …

#HUM

The overall trend is upward. The support level 384.00 holds back sellers. The stock trades in a range of 365 and 135 moving averages. The descending pattern is truncated. Awesome Oscillator shows a Bullish divergence, while Stochastic Oscillator signals oversold conditions.

Trading recommendation:
Buy on the formation of an …

AUDUSD

The pair is trading below 0.7575 as the US dollar is up amid the new stimulus package from the US Congress, which may have a noticeable impact on the inflation growth in the country.

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

Analytics for currency pairs based on modified wave analysis, Fibonacci levels and price channels.

NZDCHF

The overall trend is upward. The descending H1 level pattern is truncated. Stochastic Oscillator indicates oversold conditions. The pair is trading in a range of 365 and 135 moving averages.

NZDCHF rate online: monitor …