Daily reviews

EURGBP

The overall trend is downward. The currency pair is trading in the range of 365 and 135 moving averages. A start fractal has formed below the 135 EMA, and above is a signal fractal. Breaking through the start fractal will result in the formation of a downtrend pattern of …

Thursday, May 20th, today’s news—Bitcoin has returned to $40,000 after falling on Wednesday, when the cryptocurrency lost a third of its value and fell to $30,000. The price of Brent oil is $66.84 per barrel, WTI—$63.62. EUR/USD is at 1.2186, GBP/USD—1.4110, gold is $1.872.95 per ounce. Read the daily selection …

#INTC

The overall trend is upward. The descending wave pattern is truncated. Awesome Oscillator shows bullish divergence, while Stochastic Oscillator indicator signals oversold conditions. Breaking through the price pivot zone of 56.14 will result in the formation of an ascending wave pattern within the overall uptrend.

Trading idea:

Buy at …

AUDNZD

The overall trend is downward. The ascending wave pattern of the M30 level is currently truncated. Awesome Oscillator shows a bearish divergence, while Stochastic Oscillator signals overbought conditions.

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

Trading idea:

Sell when a descending wave pattern is formed, where …

EURUSD

The pair remains in a short-term uptrend. It found support at 1.2175. If ECB's head Christine Lagarde makes it clear in her speech today to not expect changes in the monetary rate of the regulator, this may support the pair in the short term.

Technical side:
The price is located …

Wednesday, May 19th, today’s news—The US Department of State wants to impose sanctions on four vessels working on the construction of the Nord Stream 2 gas pipeline of the Russian Gazprom (MCX: GAZP), as well as four related companies. Writes about this Politico citing sources. The price of Brent oil …

The dollar against the yen pair closed the last daily candle below 109.22, to fall under expected negative pressure during the upcoming sessions, aiming to test the support of the bullish intraday channel at 108.65 initially, noting that breaking this level will extend the downside wave to reach …

The Australian dollar fluctuated in a narrow range that tends to rise during the Asian session, to witness its retracement to the third session in four sessions from its lowest since the fourth of May against the US dollar, following developments and economic data that they followed on the Australian …

#BA

The overall trend is upward. The stock is trading in the range of 365 and 135 moving averages. The descending wave pattern is truncated and the inner (red) descending pattern is truncated. The Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold conditions.

Trading idea:

Buy when …

GBPCAD

The overall trend is downward. The currency pair is trading in the range of 365 and 135 moving averages. The ascending pattern of the H2 level is truncated. Awesome Oscillator shows a bearish divergence, while Stochastic Oscillator signals overbought conditions.

GBPCAD rate online: monitor the price movement in …