Daily reviews

Friday, December 18th, today’s news—no-deal Brexit fears weigh on European markets, the UK PM Boris Johnson doubts the agreement is possible. American markets trade lower after major indices hit record highs, Asian markets are also down as the UK blacklists more Chinese companies, oil prices are moving down from nine-month …

The trading plan is drawn up using price channels and modified wave analysis for the Smart Trading trading system.

Costco Wholesale Corp. (NASDAQ)

#COST

The overall trend is upward. The stock is trading in the range of the lower border of the rising price channel. On the H4 timeframe, a …

Analytics based on price channels, Fibonacci levels, and modified wave analysis for the Smart Trading system.

AUDCHF

On the D1 timeframe, D1 and …

AUDUSD

The pair is trading above 0.7575 and 0.7600. The pair will be supported by the chronic weakness of the US dollar amid the Fed's monetary policy, strong demand stocks and expectations of a new stimulus package from the Congress.

Technical side:

The price is above the upper Bollinger band, …

Thursday, December 17th, today’s news—Jerome Powell says the Fed will keep supporting the economy until recovery is secured. American and European markets rise, the US dollar continues to weaken, oil prices are up. The price of Brent oil is $51.60, WTI—$48.34, EUR/USD is at 1.2234, GBP/USD—1.3584, gold is $1,883.10 per …

The trading plan was drawn up using the modified wave analysis for the Smart Trading trading system.

Ameren Corp. (NYSE)

#AEE

The overall trend is upward. The stock trades in a range of 365 and 135 moving averages. The downtrend pattern ended with the breakout of the inclined channel (aC), …

EURUSD

Technical side:

The price is …

GBPJPY

The 88.2% Fibo level remains unbreached, which means that the ascending H1 level pattern is a wave (B) of the descending H4 level pattern. Awesome Oscillator shows a Bearish divergence, while Stochastic Oscillator signals an overbought condition.

GBPJPY rate online: trade the GBPJPY currency pair.

Trading idea:

Sell ​​on …

Wednesday, December 16th, today’s news—European markets trade higher amid the vaccine and Brexit hopes. France's business activity returns almost to growth after the coronavirus restrictions are eased, American markets rise ahead of the Fed's meeting as fiscal stimulus optimism grows, the dollar continues to weaken. The price of Brent oil …

Danaher Corporation (NYSE)

#DHR

The overall trend is upward. The multi-candlestick figure "Wedge" has formed. The stock trades in a range of 365 and 135 moving averages. The breakout of the upper border of the pattern forms an upward 1-2-3 pattern. Awesome Oscillator shows a Bullish divergence, while the moving …