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AUD/CHF currency pair analyisis


The general trend is ascendant. The currency pair is traded between 365 and 135 moving averages. Awesome Oscillator indicates bullish trend, and Stochastic Oscillator signals oversold conditions.

Trade idea:

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

Biden releases petroleum reserves


News of the day, Thursday, 31 March

The USA President Joe Biden is set to release its strategic petroleum reserve (SPR) over several months to lower surging oil prices. In early March Biden administration announced to release 60 million barrels from SPR, while this time the released volume is 180 …

New sanctions. Will Russia sustain?


News of the day, Wednesday, March 30

Dow Jones and S&P 500 rose on Tuesday, amid a positive ceasefire talks outcome. Russia has announced to cut down military persistence around Kyiv and northern Ukraine, while Ukraine has pledged to adopt neutral status, which signals a soon peaceful outcome. S&P 500 …

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