Daily reviews

The single currency fluctuated the euro in a narrow range slanting back down during the Asian session to witness the lowest since April 24 of 2017 against the US dollar on the threshold of developments and economic data expected on Friday by the economies of the euro area and the …

The gold price continues to fluctuate around 1575.90 level, and we are still waiting for the breach of this level to confirm the bullish wave extension on the intraday and short term, where our next target is at 1611.20.

The current stochastic negativity explains the reasons why it is difficult …

The fluctuation of the US dollar in a narrow range slanted toward decline during the Asian session to witness its bounce for the third session from the top since January 21 against the Japanese yen after the developments and economic data that it had reported on the Japanese economy and …

The overall trend is downward. The Stochastic Oscillator signals overboughtness, and the Awesome Oscillator shows a bearish divergence. If the price fixes below the support level of 138.50, a further drop within the overall downtrend will be possible.

Trading recommendatons:

Sell below 138.50.

Stop loss: 140.00.

Target levels: 137.50; …

The price pivot zone of 0.9790 holds back buyers. A bearish divergence has formed on Awesome Oscillator indicator, and Stochastic Oscillator signals overboughtness. An ascending truncated pattern of the H4 level was formed. The lower boundary of the Ichimoku cloud serves as the resistance level.

 Trading recommendations:

Buy while a …

The pair is above 1.0860. It is under pressure due to a prospect of a softer monetary policy by the ECB. The pair may continue to drop today if Germany’s consumer inflation data shows no growth, while the Amerca’s indicator increases.

The price is below the middle Bollinger band, below …

Stochastic Oscillator báo hiệu mua quá mức. Awesome Oscillator cho thấy một sự phân kỳ giảm giá. Biểu đồ cho thấy một đột phá sai. Một đột phá của vùng trục giá 341.72 sẽ dẫn đến mô hình giảm dần 1-2-3.

Đề xuất giao dịch:

Bán khi giá được cố …

Stochastic Oscillator signals overboughtness. Awesome Oscillator shows a bearish divergence. The chart shows a false breakout. A breakout of the price pivot zone of 341.72 will result in a descending pattern 1-2-3.

Trading recommendations:

Sell as the price is fixed below the price pivot zone of 341.72.

Stop Loss: 347.82. …

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

EURUSD

Daily timeframe shows the pair reaching the support level of 1.0890. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversoldness.

Ascending pattern 1-2-3 is forming on the H1 timeframe. The price is within the range of …

The pair is trading at 1.0905. It’s expected to resume falling amid the weaker EU economy and the ECB’s vague monetary policy position. USD is consolidating against EUR primarily thanks to the weakness of the latter, and not due to its intrinsic strength.

The price is below the middle Bollinger …