Daily reviews

Cisco share declined and returned to the sideways movement it was moving within near the level of 46.20, after the strong movement that occurred during the current week.

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

#SYMC

The stock is trading in a range of 365 and 135 moving averages. The descending pattern of the H1 level is truncated. A false breakout has also formed. A bullish divergence is forming on Awesome Oscillator.

Trading idea:

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

NZDUSD

The overall trend is upward. The currency pair is trading in the range of the lower border of the medium-term flat zone. The breakout of 0.7201 will result in the formation of an ascending wave pattern of the M30 level.

 NZDUSD rate online: monitor the price movement in real …

GBPUSD

The pair is trading above the level of 1.3840 after a correction on Wednesday amid the partial profit-taking in the stock markets, which generally put pressure on the major currencies and supported the demand for the US dollar.

Technical side:

The price is located below the middle Bollinger band, …

Wednesday, February 17th, today’s news—investors monitor the rising Treasury yields and the outlook for inflation growth. European and American markets fall, new car sales in Europe are down 25.7% in January year-on-year, dollar gains. The price of Brent oil is $63.98, WTI—$60.52, EUR/USD is at 1.2064, GBP/USD—1.3870, gold is $1,786.40 …

EURCHF

The overall trend is upward. The descending truncated pattern of the H4 level ended with the breakout of the price pivot zone-2 of wave C. Awesome Oscillator shows a bullish divergence. The breakout of 1.08 will result in the formation of an ascending wave pattern of the H1 level …

#PLZL

The support level of 14289 is holding back sellers. Awesome Oscillator shows a bullish divergence. The descending wave pattern is truncated.

Trading idea:

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

Stop Loss under the local minimum. …

EURUSD

The pair is trading above the 1.2080 level. It’s under pressure due to the stronger US dollar's position amid a strong increase in the yield of treasuries, as well as the absence of negative news for the US currency.

Technical side:

The price is located below the middle Bollinger …

The US dollar fluctuated in a narrow range that tends to decline during the Asian session, to witness its rebound from its high since September 11, 2020 against the Japanese yen, following the developments and economic data that they followed on the Japanese economy and on the cusp of economic …

The Australian dollar fluctuated in a narrow range that tends to decline during the Asian session, to witness its rebound for the second consecutive session from its highest since January 14 against the US dollar, following the developments and economic data that they followed on the Australian economy and on …