Daily reviews

Monday, December 21st, today’s news—after months of unsuccessful talks, the US Congress approves a $900 billion support package hours before deadline. A new coronavirus strain in the UK: the pound sterling, stocks of European companies, oil are down, gold and the dollar soar. The price of Brent oil is $50.39, …

#HUM

The overall trend is upward. The support level 384.00 holds back sellers. The stock trades in a range of 365 and 135 moving averages. The descending pattern is truncated. Awesome Oscillator shows a Bullish divergence, while Stochastic Oscillator signals oversold conditions.

Trading recommendation:
Buy on the formation of an …

AUDUSD

The pair is trading below 0.7575 as the US dollar is up amid the new stimulus package from the US Congress, which may have a noticeable impact on the inflation growth in the country.

Technical side:
The price is below the middle Bollinger band, below SMA 5 and SMA …

Analytics for currency pairs based on modified wave analysis, Fibonacci levels and price channels.

NZDCHF

The overall trend is upward. The descending H1 level pattern is truncated. Stochastic Oscillator indicates oversold conditions. The pair is trading in a range of 365 and 135 moving averages.

NZDCHF rate online: monitor …

Friday, December 18th, today’s news—no-deal Brexit fears weigh on European markets, the UK PM Boris Johnson doubts the agreement is possible. American markets trade lower after major indices hit record highs, Asian markets are also down as the UK blacklists more Chinese companies, oil prices are moving down from nine-month …

The trading plan is drawn up using price channels and modified wave analysis for the Smart Trading trading system.

Costco Wholesale Corp. (NASDAQ)

#COST

The overall trend is upward. The stock is trading in the range of the lower border of the rising price channel. On the H4 timeframe, a …

Analytics based on price channels, Fibonacci levels, and modified wave analysis for the Smart Trading system.

AUDCHF

On the D1 timeframe, D1 and …

AUDUSD

The pair is trading above 0.7575 and 0.7600. The pair will be supported by the chronic weakness of the US dollar amid the Fed's monetary policy, strong demand stocks and expectations of a new stimulus package from the Congress.

Technical side:

The price is above the upper Bollinger band, …

Thursday, December 17th, today’s news—Jerome Powell says the Fed will keep supporting the economy until recovery is secured. American and European markets rise, the US dollar continues to weaken, oil prices are up. The price of Brent oil is $51.60, WTI—$48.34, EUR/USD is at 1.2234, GBP/USD—1.3584, gold is $1,883.10 per …

The trading plan was drawn up using the modified wave analysis for the Smart Trading trading system.

Ameren Corp. (NYSE)

#AEE

The overall trend is upward. The stock trades in a range of 365 and 135 moving averages. The downtrend pattern ended with the breakout of the inclined channel (aC), …