Daily reviews

The US dollar fluctuated in a narrow range tilted towards a decline during the Asian session against the Japanese yen, after the economic developments and data that were followed on Monday by the Japanese economy and amid scarce economic data early this week by the US economy, the largest economy …

#CMS

The overall trend is upward. The descending H4 level pattern is truncated. 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 wave (A) breaks through the inclined channel of the descending truncated pattern. …

GBPSEK

The overall trend is downward. The currency pair is trading in the range of the upper limit of the descending price channel. The Long-Legged Doji reversal pattern has formed.

The pair is trading in the range of 365 and 135 moving averages on the H1 timeframe. Awesome Oscillator shows …

EURUSD

The pair, having corrected down after reaching a local high of 1.2270 a week earlier, is turning up again amid the news that Donald Trump has finally signed the latest economic relief package proposed by Congress, which would put additional pressure on the US dollar as its supply in …

Friday, December 25th, today’s news—the UK and the EU agree on a historic post-Brexit deal, to regulate trade from January 2021. The pound sterling rose to two-year highs, the US Congress has sent the stimulus bill to the president. The price of Brent oil is $51.37, WTI—$48.30, EUR/USD is at 1.2196, GBP/USD—1.3561, …

Thursday, December 24th, today’s news—European markets and pound sterling are up as Brexit talks are reported to be nearing a successful finish. Oil prices rise amid the lower stockpiles in the US, dollar is weaker, gold is up. The price of Brent oil is $51.20, WTI—$48.06, EUR/USD is at 1.2204, …

#AEP

The overall trend is upward. The stock is trading near the lower limit of the ascending price channel. The descending H4 level pattern is truncated. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals an oversold condition.

Trading idea:

Buy when an ascending wave pattern is formed, where …

EURGBP

The overall trend is upward. The round important level of 0.9000 holds back sellers. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals an oversold condition.

EURGBP online: monitor the price movement in real time.

Trading idea:

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

GOLD Spot

Gold is trading above $ 1875.00 per Troy ounce on the weaker dollar and expectations of its further decline. Continued demand for stocks, along with the massive stimulus package in the US which weighs on the dollar and drives up the gold.

Technical side:

The price is above …

Wednesday, December 23rd, today’s news—the US President Donald Trump sends the stimulus bill back to Congress and demands larger direct payments to citizens. American markets are flat, European markets rise as the EU negotiators report progress in the Brexit talks, the US dollar is down even as safe-haven assets are …