Daily reviews

USDSEK

The price pivot zone of 8.2518 held back sellers. The descending pattern of the H8 level is truncated. A bullish divergence has formed on Awesome Oscillator.

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

Trading idea:

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

#CMS

The overall trend is upward. The descending pattern is truncated. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold conditions. The breakout of 56.85 will result in the formation of an ascending wave pattern and the breakout of the inclined channel of the descending pattern.

Trading Idea: …

Friday, February 19th, today’s news—pound sterling hits $1.40 for the first time in three years, retail sales are down in the UK. Oil dips on fears of rising OPEC supply, European and Asian markets are mixed, eurozone business activity is down, but manufacturing grows, dollar weakens as a disappointing jobless …

USDJPY
The trend is upward. The currency pair is trading in the range of 365 and 135 moving averages. Awesome Oscillator shows bullish divergence, while Stochastic Oscillator signals oversold conditions. 

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

 
Trading idea:
Buy when an ascending wave pattern os formed, …

USDJPY

The pair is trading below the level of 105.60. It’s under pressure from the decline in demand for risky assets and the resumption of the global weakening of the dollar in the Forex market.

Technical side:

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

#KMB

The descending pattern is truncated. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals oversold conditions. The inclined channel of the descending truncated pattern is broken.

Trading idea:

Buy when an ascending wave pattern is formed.

Stop Loss: 128.64.

Target levels: 140.65; 155.00.

The Australian dollar against the US dollar shows an additional bullish tendency to approach the 0.7800 barrier, supported by the MA 50, awaiting further rise, reinforced by expectations for the continuation of the main bullish trend, whose targets start at 0.7820 and extend to 0.7915 after surpassing the previous level, …

Aeroflot continues to move below the support level 71.10 that it breached during the past week, confirming the break of this level, thus starting a bearish path.

Whereas, the price is moving below the average level of 20-50 after it managed to breach it this week, which is …

Thursday, February 18th, today’s news—European markets are mixed amid the conflicting earnings reports. American stocks dip ahead of jobless claims data, profit taking weighs on Asian markets, oil still rises on the production shutdown in Texas, dollar weakens. The price of Brent oil is $64.59, WTI—$61.38, EUR/USD is at 1.2067, …

The single currency, the euro, fluctuated in a narrow, bullish range during the Asian session against the US dollar, on the cusp of unveiling the minutes of the recent European Central Bank meeting and the economic developments and data expected today, Thursday, by the US economy, the largest economy in …