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Trading idea for The Home Depot, Inc. (NYSE)


#HD

The general trend is ascendant. Descendant wave structures are truncated. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions.

Trading idea:

Buy when the ascendant wave structure forms, where the wave (A) breaches through the 292.46 level (pivot 2 of the wave C).

Stop-loss is under the …

AUD/USD currency pair analysis


The general trend is descendant. The currency pair is traded between 365 and 135 moving averages. The ascendant wave structure of the H1 level is truncated. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator signals overbought conditions.

Trading idea:

Sell when the descendant wave structure forms, where the wave (A) …

European businesses suffer inflation surge


News of the day, Friday, May 20

Kashkari: the Fed is cutting down the balance sheet much faster than it used to be increased during the pandemic.

Forbes: the collapse of UST and LUNA will lead to improved decentralized products emerging.

According to the German Chamber of Commerce and Industry …

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