Daily reviews

AUDCHF 

The ascending H1 level pattern is truncated (wave C didn’t break through the 88.2% fib level). Awesome Oscillator shows bearish divergence, while Stochastic Oscillator signals overboughtness.

Trading recommendations:

Sell while a descending wave pattern is forming, where wave A breaks through the inclined channel of the ascending truncated H1 …

The Australian dollar fluctuated in a narrow range tilted to the upside during the Asian session, to witness its bounce for the third session in four sessions from the lowest since April 24 against the US dollar, following the developments and economic data that it had reported on the Australian …

The single currency fluctuated the euro in a narrow range slanting toward decline during the Asian session to witness its bounce to the fourth session from its top since the beginning of last month against the US dollar on the cusp of developments and economic data expected today Thursday by …

Gold prices rose during the Asian session amid the dollar index rebounded from above since April 27, according to the inverse relationship between them after the developments and data that were followed by the Chinese economy, the largest consumer of metals globally and on the cusp of developments and economic …

The fluctuation of the US dollar in a narrow range tilted to the upside during the Asian session to witness its rebound from the lowest since March 17 against the Japanese yen after the developments and economic data that were reported by the Japanese economy and on the cusp of …

EURUSD 
The round secondary level of 1.0780 is holding back sellers. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversoldness. The level of 88.2% of the assumed wave A H8 is not broken, this allows us to assume that the downward pattern is a correction wave on H8. …

USDRUB

The pair is consolidating in the range of 72.50–75.50 amid a surge of uncertainty regarding the global economy recovering from the coronavirus crisis, while the West, particularly the US, is blaming China for the COVID-19 pandemic. Today, the opening of trading in Russia is expected to be positive due …

#AXP
The price pivot zone of 83.90 is holding back sellers. A descending truncated H1 level pattern has formed. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversoldness.

Trading recommendations:

Buy strictly while an ascending wave pattern is forming, where wave A breaks through the inclined channel of …

USDCAD 

An ascending H2 level pattern has formed on the chart. The wave (A H2?) broke through the inclined channel of the descending pattern, the expected correction (on H2) tested 50% on fibo and the price pivot zone of 1.4000. A breakout of 1.4078 will result in the formation of …

#INTC

On April 20th, we already recommended buying Intel stock CFDs at the breakout level of 48.80. The shares are now trading flat after the predicted growth, as can be seen now. The flat range’s lower border (56.70) is holding back sellers. A breakout of 59.27 will result in the …