Daily reviews

GBPUSD

The pair is declining due to profit-taking and the resumption of growth in the yield of US treasuries.

Technical side:

The price is located below the middle Bollinger band, below SMA 5 and SMA 14. The movings have crossed and are giving a sell signal. RSI is below the …

#DAL

The overall trend is upward. The descending wave pattern of the H1 level is truncated. The internal pattern is also truncated. Awesome Oscillator (H1) shows a bullish divergence, while Stochastic Oscillator signals oversold conditions.

Trading idea:

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

Thursday, April 15th, today’s news—Treasury yields fall ahead of jobless claims and retail sales data. Dow is up 100 points, European markets continue to rise on positive earnings, Asian markets are down, dollar remains at one-month lows. The price of Brent oil is $66.27, WTI—$62.83, EUR/USD is at 1.1992, GBP/USD—1.3804, gold …

Futures contracts for gold prices fluctuated in a narrow range that tends to rise during the Asian session, to witness its rebound to the sixth session in eleven sessions from its lowest since the ninth of March, overlooking the rebound of the US dollar index from its lowest since the …

Cisco share started correcting the bullish path after reaching the resistance 52.50, after it managed to confirm the break of the previous resistance level of 49.00 and rise above the top, thus confirming the bullish path after the decline that formed last month.

The price is trading …

AUDUSD

The pair found support at 0.7705 and is making an attempt to resume growth amid positive economic statistics from Australia published today. The continued pressure on the US dollar will support the pair.

Technical side:

The price is located above the middle Bollinger band, above SMA 5 and SMA …

AUDNZD

The overall trend is upward. The descending wave pattern is truncated (wave C didn’t break through 123.6% on Fibo). Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold conditions.

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

Trading Idea:

Buy when an ascending wave pattern …

Wednesday, April 14th, today’s news—European markets rise on positive earnings, economic data, and vaccine optimism, tech and luxury stocks in the lead. Treasury yields are up following a higher-than-expected consumer inflation data, dollar is trading near a one-month low. The price of Brent oil is $64.73, WTI—$61.20, EUR/USD is at 1.1953, …

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 26, overlooking the bounce of the US dollar index for the eighth session in eleven sessions …

The Australian dollar versus the US dollar was unable to break the 0.7615 level, to show positive trading and approaching the pivotal resistance that now rises to 0.7670, noting that the stochastic indicator is losing its positive momentum significantly, waiting for the price to stimulate the resumption of the expected …