Daily reviews

Tuesday, July 27th, today's news — the dollar is hovering below the recently reached highs on Tuesday, while investors are waiting for the US Fed’s meeting this week to learn about the prospects of the regulator's monetary policy-with cryptocurrencies retreating after an unsuccessful attempt to break out of the monthly …

#INTC

The descending wave pattern is truncated. Probably, the descending wave pattern is a correction wave (B) of the ascending wave pattern of the higher wave level. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals oversold conditions.

Trading idea:
Buy when an ascending wave pattern has …

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

GBPUSD rate online: monitor the price movement …

The Australian dollar against the US dollar pair returned to decline after consolidating below the 0.7375 level, and the EMA50 constitutes good negative pressure in front of the price, to support the chances of continuing the bearish trend that targets the 0.7230 level as a next station.

It should …

The Australian dollar fluctuated in a narrow range tilted to the downside during the Asian session against the US dollar, while looking forward to the speech of the Assistant Governor of the Reserve Bank of Australia, who is responsible for the Risk Management Committee, Jay Debell, at the US Foreign …

Monday, July 26th, today’s news — The FTX crypto derivatives exchange has reduced the maximum leverage for its clients, limiting it to 20x. The price of Brent oil is $72.19 per barrel, WTI — $70.69. EUR/USD is at 1.1773, GBP/USD—1.3744, gold is at $1.809 per ounce. Read the daily selection …

#MTS
The dividend gap remains open. The descending wave pattern is truncated. The support level of 315.15 holds back sellers. Awesome Oscillator shows a bullish divergence, and Stochastic Oscillator signals oversold conditions.

Trading idea:
Buy on the breakout of 318.60 (when an ascending wave pattern is formed).
Stop Loss under …

USDJPY
The overall trend is downward. There is a bearish divergence on Awesome Oscillator, and Stochastic Oscillator signals overbought conditions. The ascending wave pattern ended with the breakout of the inclined channel.

USDJPY rate online: monitor the price movement in real time.

Trading idea:
Sell when a descending wave …

The Australian dollar fluctuated in a narrow range tilted to the upside during the Asian session, to witness its rebound for the third consecutive session from its lowest since November 24, 2020, while it is still on the way to its fourth consecutive weekly losses against the US dollar following …

Friday, July 23rd, today’s news — Wall Street closed slightly higher on Thursday, continuing a two-day rally thanks to the tech sector, as mediocre economic data and mixed financial results of companies forced investors to turn their attention to growth stocks. The price of Brent oil is $73.81 per barrel, …