Daily reviews

Tuesday, December 8th, today’s news—the uncertainty of Brexit outlook weighs on the markets, the pandemic is escalating in Europe and the world. The markets are mixed, vaccine rollout continues to be a positive factor, supermarket sales in the UK rose 10% in November, the dollar is stronger. The price of …

#COST

The overall trend is upward. The stock is trading in the range of 365 and 135 moving averages directed upwards. The inclined channel of the descending pattern is broken. Stochastic Oscillator signals oversold condition.

Trading recommendations:

Buy on the formation of an ascending 1-2-3 pattern.

Stop Loss: 371.00.

Target …

AUDNZD

The overall trend is downward. An H4 level ascending pattern is truncated and the pattern of the wave C H4 (M30 level pattern) is also truncated. Awesome Oscillator shows a bearish divergence. The currency pair is trading in the range of 365 and 135 moving averages. 

AUDNZD rate online: …

GBPUSD

The pair continues to swing amid the uncertainty of Brexit negotiations. Any negative factor can drive the pair down again.

Technical side:

The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is below the 50% level and is declining. Stoch are turning down. …

Monday, December 7th, today’s news—China's exports in November grew at the fastest rate in nearly three years. Global markets are mostly mixed, imports also rise, Germany's industrial output rises on car sales, oil is down amid the new lockdowns, dollar is close to a 2.5-year low, still no progress on …

GBPUSD

The pair is clearly turning down amid the lack of progress in Brexit negotiations. This may cause a local drop, which will only increase if no agreement is reached.

Technical side:

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

#MTS

The support level of 316.10 is holding back sellers. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals an oversold condition. The stock is trading in the range of the internal downward price channel.

Trading recommendations:

Buy when an ascending pattern 1-2-3 is formed, where wave …

GBPUSD

A "Pin Bar" reversal pattern has formed on the D1 timeframe with a false breakout of the resistance level. Stochastic Oscillator signals an overbought condition.

A truncated H2 level pattern has formed on the H1 timeframe, which ended with the breakout of the inclined channel. A breakout of 1.3407 …

The overall trend is upward. The descending pattern is truncated. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals an oversold condition.

Trading recommendations:

Buy when an ascending wave pattern is formed, where the wave (aC) breaks through the inclined channel of the descending truncated pattern.

Stop Loss: 134.00. …

Friday, December 4th, today’s news—German factory orders in October surpassed the pre-pandemic levels. European and Asian markets rise on the US stimulus hopes, China's export and import growth continues to gain pace, gold and oil are up, the weakest job data in six months is expected in the US. The …