Daily reviews

Futures contracts for gold prices fluctuated in a narrow range that tends to decline during the Asian session, amid the rebound of the US dollar index to the eighth session in ten sessions from its lowest since the eighth of January, according to the inverse relationship between them following developments …

Gazprom share started the upward movement, including the sideways movement that it was moving within after it reached the resistance 234.75 and managed to slightly breach it.

The price is moving above the 7-20-50 moving averages, which are support levels for the price.

We notice that the stochastic indicator …

NZDCAD

The currency pair is trading in the range of the lower border of the ascending price channel on the D1 TF.

The round important level of 0.9000 serves as a support level.  Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold conditions. The breakout of 0.9077 will …

EURUSD

The pair is trading above 1.1865. If the US consumer inflation data, which will be published today, shows its growth, expect a local pressure on the pair with a subsequent decline.
Technical side:

The price is located below the middle Bollinger band, below SMA 5 and SMA 14. RSI …

#VRTX

The overall trend is upward. The descending pattern is truncated. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold conditions. Breaking through the price pivot zone of 220.38 will result in the formation of an ascending wave pattern, where the wave (A) broke through the inclined channel …

Tuesday, March 9th, today’s news—Dow futures continue to rise after yesterday's 300-point rally. European and Asian markets are mixed, oil falls, dollar is weaker but still supported, Treasury yields retreat, gold is up. The price of Brent oil is $68.63, WTI—$65.36, EUR/USD is at 1.1898, GBP/USD—1.3887, gold is $1,700.70 per ounce. Read …

Futures contracts for gold prices fluctuated in a narrow range sloping to an upward trend during the Asian session, to witness its retracement of the second session from its lowest since June 5, 2020, when it tested its lowest since April 21, 2020, amid the bounce of the US dollar …

Amazon started the downside movement after it managed to breach the support level at 3105.00, ending the sideways movement by breaching the aforementioned support level. Therefore, we are now facing a downside wave in the price that may extend to 2800.00 levels.

We notice on the chart that the price …

AUDUSD

The overall trend is upward. The round minor level of 0.7620 held back the sellers. The "Double Bottom" pattern is probably forming. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals oversold conditions.

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

Trading idea:

Buy …

EURUSD

The pair is trading below 1.1900 amid the rising US government bond yields. If today's small pullback downwards stops, the pair may resume its downward movement after the upper correction.

Technical side:

The price is located below the middle Bollinger band, above SMA 5, but below SMA 14. RSI …