Daily reviews

#DHR

The overall trend is upward. The downward movement is approaching the level of 210.35. Awesome Oscillator shows bullish divergence, while Stochastic Oscillator signals oversold conditions. Breaking through the price pivot zone of 220.00 will result in the formation of an ascending wave pattern.

Trading idea:

Buy when an ascending …

Thursday, March 11th, today’s news—European markets are once again down as Treasury yields rise and COVID worries mount. American stocks also fall following S&P 500's record close and Joe Biden's singing the $1.9 trillion economic relief bill, oil is weaker, but still trading near $70, dollar gains, euro and pound …

NZDJPY

On the W1 timeframe, the currency pair is trading in the range of the upper limit of the descending price channel. On the H1 TF, a bullish divergence has formed, and Stochastic Oscillator signals overbought conditions.

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

Trading idea:

Sell …

EURUSD

The pair is trading below 1.1955 amid a stronger US dollar, which is supported by the growth in the yield of US treasuries, which in turn are growing after the approval of new support measures by Joe Biden on Thursday.

Technical side:

The price is located above the middle …

Thursday, March 11th, today’s news—global markets rise as the $1.9 trillion stimulus package passes final approval in the US. Treasury yields fall, European markets await the ECB meeting, Dow futures are up more than 100 points, Joe Biden to announce the next phase of economic relief today, dollar is weaker, …

Futures contracts for gold prices fluctuated in a narrow range that is tilted to rise during the Asian session, to witness its rebound to the fourth session from its lowest since the fifth of June 2020, when it tested the lowest since April 21, 2020, amid the bounce of the …

EURUSD

The pair is trading above 1.1930 amid a decrease in support for the dollar from US treasuries, the yield of which was under pressure due to the US consumer inflation data publication, which turned out to be more moderate than expected.

Technical side:

The price is located above the …

#CL

The overall trend is upward. The descending pattern is truncated.  Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold conditions.

Trading idea:

Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined channel of the descending pattern.

Stop loss under the …

EURNZD

On the W1 timeframe, the currency pair is in the range of the lower border of the ascending price channel. On TF H1, the round intermediate level of 1.6550 is holding back sellers. The descending pattern of the H2 level is truncated. A bullish divergence is formed  Awesome Oscillator, …

Wednesday, March 10th, today’s news—global stocks are mostly lower. European markets are cautious ahead of ECB meeting, miners and travel stocks fall, Asian markets are mixed as positive factory data is released in China, oil is down, gold also falls on the stronger dollar supported by the stabilized bond yields. The price …