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Trading idea for Apple Computer Inc. (NASDAQ)


#AAPL

The pattern "key reversal" from the mirror level, 167.83, was formed on the daily timeframe. Awesome Oscillator indicates bearish divergence, and the Stochastic Oscillator signals overbought. 

Trading idea:

Sell on a breakout of 164.28.

Stop-loss: 167.83.

Target level: 159.37; 151.50.

EUR/CAD currency pair analysis


The currency pair is trading in the range of circular important level 1.3120. Awesome Oscillator indicator has bullish divergence, and Stochastic Oscillator indicator signals oversold. Breaking through the circular secondary level of 1.3120 will form an ascending wave structure.

Trading idea:

Buy on a breakout of 1.3120.

Stop-loss: 1.3080.

Target …

Oil rises on recession fears; the USD rises against the yen

Commodities market

Oil prices rose from multi-month lows on Monday as investors' appetite improved in response to data on US jobs and Chinese exports that alleviated recession fears.

By 0439 GMT, Brent crude futures had risen 22 cents, or 0.2 percent, to $95.14 per barrel. West Texas Intermediate crude in …

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