Daily reviews

The price pivot zone of 0.9790 holds back buyers. A bearish divergence has formed on Awesome Oscillator indicator, and Stochastic Oscillator signals overboughtness. An ascending truncated pattern of the H4 level was formed. The lower boundary of the Ichimoku cloud serves as the resistance level.

 Trading recommendations:

Buy while a …

The pair is above 1.0860. It is under pressure due to a prospect of a softer monetary policy by the ECB. The pair may continue to drop today if Germany’s consumer inflation data shows no growth, while the Amerca’s indicator increases.

The price is below the middle Bollinger band, below …

Stochastic Oscillator báo hiệu mua quá mức. Awesome Oscillator cho thấy một sự phân kỳ giảm giá. Biểu đồ cho thấy một đột phá sai. Một đột phá của vùng trục giá 341.72 sẽ dẫn đến mô hình giảm dần 1-2-3.

Đề xuất giao dịch:

Bán khi giá được cố …

Stochastic Oscillator signals overboughtness. Awesome Oscillator shows a bearish divergence. The chart shows a false breakout. A breakout of the price pivot zone of 341.72 will result in a descending pattern 1-2-3.

Trading recommendations:

Sell as the price is fixed below the price pivot zone of 341.72.

Stop Loss: 347.82. …

Analysis based on round-number levels, price channels and modified Elliot Waves

EURUSD

Daily timeframe shows the pair reaching the support level of 1.0890. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversoldness.

Ascending pattern 1-2-3 is forming on the H1 timeframe. The price is within the range of …

The pair is trading at 1.0905. It’s expected to resume falling amid the weaker EU economy and the ECB’s vague monetary policy position. USD is consolidating against EUR primarily thanks to the weakness of the latter, and not due to its intrinsic strength.

The price is below the middle Bollinger …

The single currency fluctuated the euro in a narrow range slanting back down during the Asian session to witness its stability near its lowest since the beginning of October, when it tested the lowest since 12 May 2017 against the dollar on the cusp of developments and economic data expected …

Gold price futures fluctuated in a narrow range tilted to the upside during the Asian session to witness the resumption of its rebound from the lowest since January 22 for the fifth session in six sessions amid the rebound of the US dollar index for the second consecutive session from …

The US dollar fluctuated in a narrow range tilted to the upside during the Asian session against the Japanese yen after the developments and economic data that it followed on the Japanese economy and on the cusp of developments and economic data expected on Wednesday by the US economy, which …

The Australian dollar versus the US dollar is crawling upwards to approach the pivotal resistance 0.6750, and as long as the price is below this level, our bearish direction expectations will remain valid for the next period, supported by the negative pressure formed by the EMA50, waiting for targeting 0.6670 …