Daily reviews

#FACEBOOK

The overall trend is downward. The 164.0 resistance level is holding back buyers. A bearish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals overboughtness. A breakout of 154.50 will result in the formation of a 1-2-3 descending pattern within the overall downtrend. 

Trading recommendations:

Sell below 154.50. …

USDJPY

The observed local rebound in the European stock markets and the high likelihood that the same will happen in the US are supporting the pair. Due to the high volatility and large-scale stimulus measures by the Fed and the US Treasury Department, the demand for risk assets will gradually …

EURUSD

The pair is trading higher amid the growing demand for risk assets, as well as the massive support measures (QE) from the Fed and the US Treasury. But today the pair may correct downwards due to the correction in the stock markets and then continue the upward trend.

The …

#APPLE

The stock is trading at the upper border of the descending price channel. The resistance level of 258.00 is holding back buyers. A bearish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals overboughtness. 

Trading recommendations:

Sell below the support level 249.84.

Stop loss for the local maximum …

NZDUSD

The overall trend is downward. The currency pair is trading slightly above 365 and 135 moving averages. Stochastic Oscillator signals overboughtness, and Awesome Oscillator has formed a bearish divergence.

Trading recommendations:

Sell while a descending wave pattern is forming, where the wave (as) breaks through the inclined channel of …

The Australian dollar rose during the Asian session to witness its bounce to the seventh session from the lowest since October 21, 2002 and to pay off the first weekly gains in three weeks against the US dollar amid the scarcity of economic data by the Australian economy and on …

The single currency, the euro, rose during the Asian session to witness its bounce for the fifth consecutive session from the lowest since April 21, 2017 against the US dollar, amid the scarcity of economic data by the economies of the euro area and on the cusp of developments and …

Gold price futures fluctuated in a narrow range tilted to a decline during the Asian session to witness the resumption of its second session in three sessions from the top since March 9, when it tested its highest since December 18, 2012, condoning the rise of the US dollar index …

#ROSNEFT

The overall trend is downward. The inclined channel of the ascending structure is broken. A Bearish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals overboughtness. Breaking through the price pivot zone of 288.0 will result in the formation of a descending 1-2-3 pattern.

Trading recommendations:

Sell below …