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EUR/AUD currency pair analysis

The descendant wave structure is still truncated. The inclined channel of the descendant structure is breached. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions.

Trade idea:

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

Russia-Ukraine tension doesn’t calm down

News of the day, Thursday, February 17

Stoltenberg: there are no signs Russia de-escalates its military forces near Ukraine, we prepare for the worst.

Despite the recent updates from Russian military officials, the border conflict seems to continue and escalate further. As always, the market reflects with crude oil futures …

Gold analysis

Gold price rushed upwards to breach the 1860.00 level strongly and settle above it, to reactivate the bullish trend scenario that targets testing the 1900.00 barrier as a first positive station.

Therefore, we expect to witness more rise in the upcoming sessions, supported by the EMA50 that carries the price …

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