Daily reviews

GBPUSD

The pair is correcting downwards amid the growth of negative sentiment caused by the dropped stock indices and the growth in the yield of US treasuries, which support the demand for the US dollar.

Technical side:

The price is located below the lower Bollinger band, below the PMA 5 …

Thursday, February 25th, today’s news—European stocks continue to rise amid the positive trends on global markets and the Fed's dovish policy. Treasury yields rise, the US markets are mixed after Dow closes at record level, oil is at 13-month highs, dollar continues to weaken. The price of Brent oil is …

The Australian dollar against the US dollar traded in a noticeable positive way, approaching our awaited target at 0.8000, to keep the bullish trend scenario effective for the upcoming period, noting that surpassing the aforementioned level will extend the bullish wave to reach 0.8120 as a next target.

On the …

Cisco's stock fell and returned to the sideways movement it was moving within near the level of 45.20, after the strong movement that occurred during the current week.

Trading around the 20-50 moving averages continues, as the price moves directly above the 20 average, which supports the price to …

CHFJPY

The overall trend is upward. The currency pair broke away from the lower limit of the ascending price channel and the support level of 116.17.

Stochastic Oscillator signals oversold conditions on the H4 TF. The price is located at the inclined channel of the descending H2 pattern.

CHFJPY rate …

#AEP

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

Trading idea:

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

Stop Loss …

AUDUSD

The pair remains in a short-term uptrend amid a strong recovery in the global economy this year, which will contribute to the growth of demand for commodity and commodity assets. In this situation, high-yielding currencies, as well as the Australian dollar, will receive support.

Technical side:

The price is …

Wednesday, February 24th, today’s news—European markets rise on upbeat German data, exports and construction activity are up, economic growth beats forecasts. The Fed's chairman Jerome Powell said the low rates are here to stay, the central bank will continue to buy government bonds, oil is down on the rising stockpiles …

The Australian dollar fluctuated in a narrow range sloping upward during the Asian session, to witness its highest since February 16, 2018 against its US counterpart, following the developments and economic data that they followed on the Australian economy and on the cusp of economic developments and data expected today, …

Gazprom continues its bullish path despite the bearish correction that occurred in the price after it reached the target of 232.00, after it managed to break the resistance level at 220.25.

The price is moving above the moving averages 20-7-50, respectively, as the two 20-50 averages form a …