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Trading idea for Airbus Group (EURONEXT)


#AIR

The general trend is descendant. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator signals overbought conditions.

Trading idea:

Sell when the descendant wave structure forms, where the wave (A) breaches through the inclined channel of the ascendant structure.

Stop-loss is over the local maximum of the ascendant structure.

Target …

AUD/CAD currency pair analysis


The trend is descendant. The currency pair is traded between 365 and 135 EMA. Awesome Oscillator indicates bearish divergence. The ascendant wave structure is truncated.

Trading idea:

Sell when the descendant wave structure forms, where the wave (A) breaches through the inclined channel of the ascendant truncated structure.

Stop-loss is …

U.S. dollar slid to a one-week low


Commodities market

Oil prices rose today, extending the previous session’s $5 gains. Brent crude futures rose 5.1% yesterday and continue today with 0.3%. WTI crude futures rose 0.33% today.

Key tickers:

Brent: 106.30 — strong buy.

WTI: 99.50 — strong buy.

NG: 7.458 — strong buy.

Foreign exchange market

The …

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