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Trading idea for Mc.Donald`s Corp. (NYSE)

#MCD

The ascendant wave structure is truncated. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator signals overbought conditions. The mirror level 43 restrains buyers.

Trading idea: sell when 248.78 is breached.

Stop-loss: 255.43.

Target levels: 242.24; 217.76.

AUD/CAD currency pair analysis

The trend is ascendant. The descendant wave structure of H1 level is truncated. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions.

Trading idea:

Buy when the ascendant wave structure forms, where the wave (A) breaches through the inclined channel of the descendant truncated structure. …

Covid will continue to hit economies

News of the day, Thursday, April 14

Stock markets of Europe made gains today as investors are in wait for the soon ECB meeting which can result in monetary policy tightening. The Euro STOXX 600 gained 0.1%, where French shares were up 0.4% and German stocks increased by 0.2%. 

Dow …

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