Daily reviews

GBPNZD

The assumed correction is approaching the 50% Fibo level from the rising wave. A price pivot zone of 1.9634 is also there. If the level holds, a descending truncated pattern will continue to form. The bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator indicates an oversold condition. …

#ADS

The overall trend is upward. The stock is trading in the range of 365 and 135 moving averages. Awesome Oscillator shows a bullish divergence, and the descending pattern is currently truncated.

Trading recommendations:

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

Tuesday, September 1st, today’s news—S&P 500 and Dow had their best August since 1986. European and Asian markets are rising on the positive economic recovery data from China, oil is up 1% as the dollar hits its multi-year lows. The price of Brent oil is $45.71, WTI—$43.02. EUR/USD is at …

The Australian dollar fluctuated in a narrow, upward range during the Asian session, to witness its highest since the ninth of August of 2018 against the US dollar, following the economic developments and data that were followed on Monday by the Australian economy and amid looking forward to the decisions …

The single currency, the euro, rose during the Asian session, to witness its highest since the third of May of 2018 against the US dollar, on the cusp of economic developments and data expected today, Tuesday, by the economies of the euro area and the US economy, the largest economy …

Gazprom settled below the support level 186.00, as it continues to move within the descending channel that appears on the chart.

The price is now moving below the 20-50 averages that form resistance levels and pressurize it to decline.

While we have major resistance at 202.70 and major support at …

Gold futures rose by more than one percent during the Asian session amid the decline of the US dollar index to its lowest since late April of 2018, according to the inverse relationship between them on the cusp of developments and economic data expected today, Tuesday, by the US economy, …

The US dollar fluctuated in a narrow range tilted towards a decline during the Asian session against the Japanese yen, following the developments and economic data that were followed by the Japanese economy and on the cusp of economic developments and data expected today, Tuesday, by the US economy, the …

#EDF

The stock is trading in the range of the lower limit of the ascending price channel. Stochastic Oscillator showed an exit from the oversold zone. A breakout of the resistance level of 8.95 will result in the formation of 1-2-3 (an upward pattern).

Trading recommendations:

Buy above 8.95.

Stop …

EURCAD

The currency pair is trading in the range of the lower border of the ascending price channel. The descending H8 level pattern ended with the breakout of an inclined channel. Bullish divergence has formed Awesome Oscillator. The price pivot zone of 1.5606 is holding back buyers.

Trading recommendations:

Buy …