Daily reviews

News for today, December 6:

U.S. and European stock futures rallied on Monday, while bonds lost some of their recent gains and oil gained as Saudi Arabia raised its oil prices. On Monday, oil prices rose more than $ 1 a barrel after Saudi Arabia, the largest exporter, raised the …

#ITX

The overall trend is upward. The support level of 27.70 holds sellers back. The descending wave pattern is truncated. A bullish divergence has formed on the Awesome Oscillator, while the Stochastic Oscillator signals oversold conditions.

Trading idea:

Buy when an ascending wave pattern is formed, where the wave (A) …

EUR/GBP

The overall trend is downward. The ascending wave pattern is truncated. The currency pair trades in the range of the upper border of the descending price channel. A bearish divergence has formed on the Awesome Oscillator, while the Stochastic Oscillator signals overbought conditions.

EUR/GBP rate online: monitor the price …

The pound sterling vs. dollar pair traded with strong negativity in the past sessions; it reached the 1.3200 barrier, reinforcing the expectations of the continuation of the bearish trend. The way is open to achieving our main awaited negative target at 1.3160.

The EMA50 continues to press negatively on the …

Gold price traded positively last Friday; it breached the 1770.00 level and headed towards testing the 1797.00 level. However, the EMA50 forms negative pressure in front of the price, which can stop the bullish bias. Besides, the stochastic indicator has lost positive momentum and clear overbought signs have emerged.

These …

#JNJ

The overall trend is upward. The descending wave pattern is truncated. A bullish divergence has formed on the Awesome Oscillator, while the Stochastic Oscillator signals oversold conditions.

Trading idea:

Buy when an ascending wave pattern is formed, where the wave (A) breaks through the pivot 2 of the wave …

EUR/NZD

The overall trend is downward. The ascending wave pattern is truncated. A bearish divergence has formed on the Awesome Oscillator. The inclined channel of the truncated ascending pattern is broken.

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

Trading idea:

Sell at the breakout of 1.6568

Stop Loss: …

Gold price closed yesterday’s trading below the level of 1770.00, which confirms the continuation of the bearish trend in the intraday and short term. The price targets the level of 1734.00 as the next main station.

The EMA50 continues to press negatively on the price to support the decline expectations, …

The pound sterling against the dollar opens today's trading with a new bearish bias, and moves below the 1.3300 barrier, reinforcing the expectations of the continuation of the bearish trend. It is also supported by the negativity of the stochastic indicator and the moving average 50, with the price waiting …

News for today, December 3rd:

European stock markets are expected to open higher on Friday, fueled by a sharp rally on Wall Street. Investors await further news on the Omicron variant and important U.S. employment data. At 2:20 am ET (07.20 GMT), DAX futures in Germany were up 0.4%, CAC …