Daily reviews

CADCHF

The resistance level of 0.7524 is holding back buyers. The ascending wave pattern of the H8 level is truncated and ended with the breakdown of the inclined channel. Awesome Oscillator shows a bearish divergence. The breakout of 0.7423 will result in the formation of a descending wave pattern.

 CADCHF …

EURUSD

The pair remains in a short-term uptrend. It found support above 1.2125 and may significantly increase this week if the mood in the markets significantly improves.

Technical side:

The price is located above the middle Bollinger band, above SMA 5 and SMA 14. RSI is above the 50% level …

#ICE

The overall trend is upward. The downward pattern ended with the breakout of the inclined channel. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator indicator signals oversold conditions.

Trading idea:

Buy shares when an ascending wave pattern is formed after the correction.

Stop Loss: 111.24. …

Futures contracts for gold prices fluctuated in a narrow range that tends to decline during the Asian session, to witness its retracement of the third session in five sessions from its highest since February 11th, and to prepare for weekly losses, overlooking the negative stability of the US dollar index, …

The Australian dollar against the US dollar reached the support of the ascending channel that appears in the image, and we note that the stochastic indicator is losing its positive momentum to reach the outskirts of overbought areas, which supports the chances of continuing the negative scenario in the intraday …

Friday, May 14th, today’s news—The hacker-affected Colonial Pipeline has resumed deliveries of fuel to all customers. The operator warned that it would take "several days" for all fuel supplies to return to normal mode. The price of Brent oil is $ 66.57 per barrel, WTI—$63.39. EUR/USD is at 1.2116, GBP/USD—1.4067, …

#INTC

The overall trend is upward. The descending wave pattern is truncated. A bullish divergence has formed on Awesome Oscillator, and the moving averages of the Stochastic Oscillator enter the oversold zone. The mirror level 53.40 is holding back sellers.

Trading idea:

Buy when an ascending wave pattern is formed, …

NZDJPY

The overall trend is upward. The currency pair is trading in an upward price channel. Stochastic Oscillator signals oversold conditions.

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

Trading idea:

Buy on the retest of the mirror level 78.36 (the lower border of the ascending price …

EURUSD

The pair remains in a short-term uptrend. It stayed above 1.2065 and has the potential for local growth if general investor sentiment in the market improves.

Technical side:

The price is located at the middle Bollinger band, above SMA 5 and SMA 14. RSI crosses the 50% level, giving …

Futures contracts for gold prices fluctuated in a narrow range that tends to decline during the Asian session, to witness its retracement of the third session from its high since February 11, amid the bounce of the US dollar index for the second session from its lowest since the 25th …