Daily reviews

EURUSD

The pair remains above the strong support level of 1.2135 as Treasury yields rise again, supporting the dollar. This trend may negatively affect the pair’s further growth.

Technical side:

The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is below the 50% level …

Wednesday, January 13th, today’s news—oil prices are up as the US crude oil stockpiles fall. Global markets are still mixed, gold rises, Treasury yields and dollar fall. The price of Brent oil is $56.60, WTI—$56.78, EUR/USD is at 1.2185, GBP/USD—1.3681, gold is $1,850.90 per ounce. Read the daily selection of …

#NESN

The downward pattern of the H1 level ended with the breakout of the inclined channel (aC). Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold conditions. Probably the descending H1 pattern is the wave (B) of the ascending pattern of the H8 level.

Trading idea:

Buy when …

EURJPY

The overall trend is upward. The currency pair is trading in the range of 365 and 135 moving averages directed upwards. The descending pattern is truncated. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold condition.

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

Trading …

EURUSD

The pair rises, but currently remains in a short-term flat trend ahead of Joe Biden’s inauguration and possible new stimulus measures for the US economy. The price may fall if today’s consumer inflation data shows growth.

Technical side:

The price is above the middle Bollinger band, above SMA 5 …

Tuesday, January 12th, today’s news—American markets are flat following yesterday's decline. President-elect Joe Biden promises "trillions of dollars" in stimulus, Treasury yields rise, European markets are mixed. The price of Brent oil is $56.60, WTI—$53.13, EUR/USD is at 1.2163, GBP/USD—1.3601, gold is $1,862.45 per ounce. Read the daily selection of …

The Australian dollar fluctuated in a narrow, upward range during the Asian session against the US dollar amid scarcity of economic data by the Australian economy and on the cusp of economic developments and data expected today, Tuesday, by the US economy, the largest economy in the world, which includes …

Amazon stock continues in the sideways track above the support level 3114.40 despite breaching the support level of the ascending channel that it was moving within last month.

The moving averages are pressing the price further downwards as the 7-20-50 moving averages form a very strong resistance level above the …

#KHC

The overall trend is upward. The stock is trading in the range of the lower limit of the ascending price channel. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold conditions.

Trading idea:

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

USDCAD
The pair is declining amid rising crude oil prices and hopes that this trend will resume this year following the updated forecasts of a possible increase in crude oil prices to $65 per barrel.
Technical side:
The price is located above the middle Bollinger band, below SMA 5, but …