Daily reviews

The Australian dollar fluctuated in a narrow range that tends to rise during the Asian session, to witness its rebound to the fifth session in eight sessions from its lowest since December 28, 2020, against the US dollar, following the developments and economic data they followed on the Australian economy …

Cisco share declined and returned to the sideways movement that it was moving within near the level of 45.50, 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 7-20 averages, which support the price to …

USDMXN

The descending wave pattern is truncated. The price pivot zone of 20.00 holds back sellers. 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 …

#T

The price is approaching the support level of 28.31, which is the lower limit of the flat zone. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold condition.

Trading idea:

Buy from the support level 28.31.

Stop Loss: 28.00.

Target levels: 28.91; 30.07; 31.24.

USDCAD

The pair is consolidating at the level of 1.2680. It’s under pressure amid the weaker US dollar and higher crude oil prices, which supports the Canadian commodity currency.

Technical side:

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

Wednesday, February 10th, today’s news—Asian markets hit record highs on strong earnings reports and hopes of new US stimulus, China's stocks rise. American and European markets are also up on earnings reports, the dollar weakens as optimism of economic recovery grows, bitcoin hits new highs. The price of Brent oil …

The Australian dollar fluctuated in a narrow range that tends to decline during the Asian session, to witness its rebound from the top since December 27, 2020 against the US dollar, following developments and economic data that they followed on the Australian economy and on the cusp of developments and …

Gazprom managed to rise and breach the resistance level at 220.25, ending the bearish correction that the price was making, returning to the bullish path, and approaching the target of 231.70

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

#CMS

The overall trend is upward. The descending pattern is truncated. A false breakout of the support level of 55.72 has formed. Awesome Oscillator shows a bullish divergence.

Trading idea:

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

USDJPY

The overall trend is upward. The descending pattern is truncated. The round intermediate level of 104.50 is holding back sellers. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator moving averages have moved out of the oversold zone.

Trading idea:

Buy when an ascending wave pattern is formed, where …