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GBP/NZD currency pair analysis


The general trend is ascendant. The descendant wave structure is truncated. The currency pair is traded between 365 and 135 moving averages. 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 …

Nasdaq jumps following Twitter’s acquisition news


News of the day, Tuesday, April 26

Elon Musk and Twitter came up with the long-awaited deal terms. The social network is to be acquired for $44 billion. Musk, a free speech enthusiast, is going to shift Twitter’s moderation policy just as he announced before. He previously criticized Twitter for …

Musk tries hard to acquire Twitter


News of the day, Monday, April 25

Elon Musk, Tesla’s CEO, has met with Twitter’s shareholders over the past two days. He seeks support for his bid to acquire the social network and make it private to grow a genuine platform for free speech. Twitter Inc began the deal negotiations, …

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