Daily reviews

The overall trend is descending. The currency pair is traded in the descending price channel. The moving averages of the Stochastic Oscillator are not far from the Overbought area.

EUR/GBP rate online: monitor the price movement in real time.

Trading idea:

Sell from the resistance level 0.8550 and the upper edge …

The overall trend is descending. The currency pair is traded in the descending price channel. The Stochastic Oscillator signals the oversold conditions.

EUR/CAD rate online: monitor the price movement in real time.

Trading idea:

Sell starting from the resistance level 1.4675 and the upper edge of the descending price channel.

Stop …

The overall trend is descending. The currency pair is traded in the descending price channel. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold conditions.

EUR/NOK rate online: monitor the price movement in real time.

Trading idea:

Buy starting from the support level 9.860 …

The overall trend is descending. The currency pair is traded in the descending price channel. The Stochastic Oscillator signals the overbought conditions.

CAD/JPY rate online: monitor the price movement in real time.

Trading idea:

Sell starting from the mirror level 89.700 and the upper edge of the descending price channel.

Stop …

The overall trend is descending. The currency pair is traded in the descending price channel. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signal the overbought conditions.

NZD/CAD rate online: monitor the price movement in real time.

Trading idea:

Sell from the mirror level 0.8790 and the upper …

News of the day, Thursday, December 30

As people continue to realize Omicron variant is safer than any previous, markets react with enthusiasm — the Dow has risen six days in a row. S&P 500 develops accordingly reaching record highs this week. National lockdowns are not likely to happen soon …

News of the day, Wednesday, December 29th:

As investors glanced aside growing instances of Omicron in another bout of risk appetite, the euro sank in weak holiday trading on Wednesday, while the dollar sent the yen to a one-month low. As stocks rose, risk-sensitive currencies such as the Australian dollar …

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The overall trend is ascending. The descending wave pattern has completed with the breaching of the inclined channel and is now truncated. There is a bullish divergence on the Awesome Oscillator. The breach of the 458.0 level will form an ascending wave pattern.

Trading idea:

Buy when the 3458.0 …

The overall trend is ascending. The pair is trading in the range of 365 and 135 moving averages. Above the 135 moving average, there is a fractal start, below that formed a signal fractal. The breach of the fractal start will form the ascending pattern 1-2-3. There is a bullish …

The pound sterling and dollar pair tested the support floor that it formed above 1.3410. The price keeps its stability above it, awaiting the resumption of the bullish corrective trend, which targets 1.3485 and 1.3565 as the next major stations.

GBP/USD rate online: monitor the price movement in real time. …