Daily reviews

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 …

GBPUSD

The pair receives significant support amid the rising demand for risky assets, as well as the weaker US dollar, which was under pressure due to the changed market focus following the high inflation in the US to the strengthening of economic growth, which contributes to increased interest from investors …

EURGBP

The overall trend is downward. The ascending wave pattern of the H8 level is truncated. Awesome Oscillator shows a bearish divergence, while Stochastic Oscillator signals overbought conditions.

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

Trading idea:

Sell when a descending wave pattern is formed, where the …

#RDSA

The overall trend is upward. The stock is trading in the range of 365 and 135 moving averages.  The descending wave pattern is truncated. Awesome Oscillator has formed a bullish divergence, and Stochastic Oscillator signals oversold conditions.

Trading idea:

Buy when an ascending wave pattern is formed, where the …

CADCHF

The overall trend is upward. The descending wave pattern is truncated. A multi-light "double bottom" shape is formed. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator indicates an oversold condition.

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

Trading idea:

Buy when an ascending wave pattern …

#BIDU

The overall trend is upward. The descending wave pattern ended with the breakout of the inclined channel. Moving indicators of the Stochastic Oscillator came out of the oversold zone. Breaking through the price pivot zone of 229.00 will result in the formation of an ascending wave pattern.

Trading idea: …

Tuesday, April 13th, today’s news—American stocks are flat ahead of a key inflation report. China's exports are below the forecast, but imports are better than predicted, the data supports the Asian markets and oil prices, gold weakens, dollar rises from a three-week low, European markets await earnings. The price of Brent oil is …