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GBP Analysis 08-03-2022

The British pound against the dollar confirmed breaking the 1.3172 level after closing the daily candle below it, to confirm the extension of the bearish wave on the intraday and short term, regular within the bearish channel that appears on the chart, waiting to visit the 1.3080 level as a …

CAD/JPY currency pair analysis

The general trend is ascendant. There is a flat formed on the timeframe H4. The support level of 89.800 restrains sellers. A decline towards the support level of 89.800 will cause a decrease of Stochastic Oscillator moving levels in an oversold span.

Trade idea:

Sell from the …

Trade idea for FACEBOOK Inc. (NASDAQ)

#FB

The general trend is descendant, while Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions. These signs point to the ascendant correction.

Trade idea:

Sell when the double top multi-candle figure forms from the resistance level of 212.80.

Stop-loss — 217.20.

Target levels: 202.00; 193.88.

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