Daily reviews

#T
There is a truncated descending wave pattern. Awesome Oscillator shows a bullish divergence, and Stochastic Oscillator signals oversold conditions. The inclined channel of the descending pattern is broken.

Trading idea:
Buy when an ascending wave structure is formed on the breakout of 29.00.
Stop Loss: 28.00.
Target levels: 30.19; …

The Australian dollar fluctuated in a narrow range tilted to the upside during the Asian session, to witness its rebound to the fifth session from its lowest since December 21, 2020 against the US dollar amid the scarcity of economic data by the Australian economy and on the cusp of …

Thursday, June 24th, today’s news—European stock indices fell, despite the optimistic PMI data. The composite index of the largest enterprises in the region Stoxx Europe 600 dropped 0.73% to 453.1 points. The price of Brent oil is $75.47 per barrel, WTI—$73.36. EUR/USD is at 1.1938, GBP/USD—1.3964, gold is $1.776.95 per …

#EOAN
The overall trend is upward. The stock is trading in the range of 365 and 135 moving averages directed upwards. Bullish divergence has formed on the Awesome Oscillator, and Stochastic Oscillator signals oversold conditions. The descending wave pattern is truncated.

Trading idea:
Buy when an ascending wave pattern is …

GBPUSD
The currency pair is trading in the range of 365 and 135 moving averages directed downwards. A Bearish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals overbought conditions. The inclined channel of the ascending wave pattern of the H2 level is broken.

GBDPUS rate online: monitor …

EURUSD

The pair is consolidating above the level of 1.1920 due to the release of GDP data and the number of applications for unemployment benefits for the past week today. If the data turns out to be no worse than expected, this may stimulate an increase in demand for risky …

Gold futures fluctuated in a narrow range tilted to the upside during the Asian session, to witness its rebound for the second session in four sessions from the lowest since April 29, overlooking the positive stability of the US dollar index near its highest in two months, according to the …

Wednesday, June 23th, today’s news—Amazon (NASDAQ: AMZN) remained the world's most valuable brand, according to BrandZ's Top 100 Most Valuable Global Brands annual report. The value of the Amazon brand increased over the past year by 64% and reached $683.85 billion. The price of Brent oil is $75.44 per barrel, …

The Australian dollar fluctuated in a narrow range tilted towards decline during the Asian session against the US dollar, following the developments and economic data that we followed about the Australian economy and on the cusp of developments and economic data expected today, Wednesday, by the American economy, the largest …

EURUSD

The pair is recovering amid the rising demand for risky assets, which has traditionally provided significant support to the EURUSD over the past 10 years. If the price holds above the level of 1.1920, it will continue to grow.

Technical side:
The price is located above the middle Bollinger …