Daily reviews

#ETN

The overall trend is upward. The assumed correction is approaching the lower border of the ascending price channel. Awesome Oscillator shows a Bullish Divergence, while the Stochastic Oscillator signals an oversold condition. A breakout of the upper border of the downward internal price channel will give an opportunity for …

GBPAUD

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

Trading recommendations: sell on the formation of a downward wave pattern, where wave (A) …

EURUSD

The pair is trading flat amid Brexit uncertainty, while investors await the Fed's monetary policy decision. Markets hope that tomorrow the regulator will come up with something to support the severely troubled American economy. But, if this does not happen, the dollar may be stimulated to grow.

Technical side: …

 #COG 

Support level 15.80 is holding back sellers. The descending structure was truncated and ended in a breakout of an inclined channel. Awesome Oscillator shows a bullish divergence, while the moving averages of Stochastic Oscillator crossed in the oversold range and are directed upwards.

Trading recommendations:

Buy on the …

XAGUSD

The overall trend is upward. Silver is trading in a range of 365 and 135 moving averages. The descending H1 level pattern is truncated, while the Awesome Oscillator shows a Bullish divergence. A breakout of 24.08 will result in the formation of an upward M15 level wave pattern within …

GBPUSD

The pair rose sharply on Monday morning amid the short-term truce in the EU–UK talks after this weekend’s meeting. It may continue to grow locally as the Fed is expected to decide on the new fiscal stimulus which will weaken the US dollar.

Technical side:

The price is above …

Analysis based on round-number levels, price channels and modified Elliot Waves

CADCHF

The overall trend is downward. A start fractal has formed below the 135 (EMA) moving average. Breaking through the start fractal will result in the formation of a 1-2-3 descending pattern. Awesome Oscillator shows a bearish divergence.

CADCHF …

Friday, December 11th, today’s news—EU leaders approve a new stimulus package after Poland and Hungary lift their veto. European markets are down as the prospect of no-deal Brexit looms, the US markets are mixed with no progress in the fiscal stimulus talks, gold rises, vaccine optimism drives up the stocks …

EURUSD

The pair has formed a «descending flag» trend pattern and broke out of it. The weaker US dollar along with the coming ECB support measures for the European economy stimulate the pair's growth.

Technical side:

The price is located above the middle Bollinger band, above SMA 5 and SMA …

EURUSD

The pair has formed a «descending flag» trend pattern and broke out of it. The weaker US dollar along with the coming ECB support measures for the European economy stimulate the pair's growth.

Technical side:

The price is located above the middle Bollinger band, above SMA 5 and SMA …