Daily reviews

#JPM

The mirror level 111.45 restrains sellers. The descendant wave structure is truncated. Awesome Oscillator indicates bullish divergence.

Trading idea:

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

Stop-loss: 111.45.

Target levels: 123.00; 128.56.

The general trend is ascendant. The currency pair is traded between 365 and 135 moving averages. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions. The inclined channel of the descendant structure is breached.

Trading idea:

Buy when level 85.080 is breached.

Stop-loss: 84.270.

Target levels: 85.80; 86.50.

News of the day, Thursday, June 23

European stock futures slid today, with DAX futures down 0.3%, CAC 40 futures lower by 0.3%, and FTSE 100 futures by the same 0.3%.

The U.S. dollar edged higher today, with the Dollar index up 0.4%, EUR/USD down 0.2%, and GBP/USD down 0.4%. …

#BA

The trend is descendant. The ascendant wave structure is truncated. Stochastic Oscillator signals overbought conditions. The inclined channel of the ascendant structure is breached.

Trading idea:

Sell when level 133.24 is breached.

Stop-loss: 141.00.

Target levels: 126.89; 113.40.

The EUR/USD pair was able to settle above the resistance level at 1.0550 after the bullish movement that was formed with the closing of yesterday's trading. Therefore, the bullish scenario continues, and the initial targets will be 1.0600 and then 1.0645. With the support of the moving averages, the bullish …

The pound against the dollar continues to move sideways, as it tested the support level 1.2190, and returned to rise to the trend line level, which it has been trying to breach since the beginning of today's trading. But it is affected by the negativity of the stochastic indicator, so …

Gold continues to move sideways between the support level 1827.20 and the resistance 1846.70, where it tested the mentioned support level yesterday, then bounced up to the resistance that it tested and failed to breach, to rebound downwards and is currently moving below the moving averages in an attempt to …

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

Trading idea:

Buy when the ascendant wave structure forms.

Stop-loss: 0.9579.

Target levels: 0.9691; 0.9989.

News of the day, Wednesday, June 22

Oil prices lost more than $5 a barrel today as U.S. President Biden pledged to bring down fuel costs. WTI crude futures were down 5.46%, and Brent crude futures slid by 4.95%.

Asian stocks slipped on Wednesday amid persistent worries about monetary policy …

#ITX

The share is traded between 365 and 135 upbound moving averages. Bullish divergence is forming on the Awesome Oscillator. The descendant wave structure is truncated at the moment.

Trading idea:

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