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Freeport-McMoRan Trading Analysis (20/06/2024)

20.06.2024

Market Review

The trend is upward. The stock is traded in the range between 365 and 135 EMA. The down-sloping inner wave structure is truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an oversold condition. The downward channel of the truncated downward structure has been …

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EUR/USD Trading Analysis (20/06/2024)

20.06.2024

Market Review

The trend is down. The currency pair is traded in the range between 365 and 135 ЕМА. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator shows an overbought state. The entry point is forming on the pullback B.

EUR/USD chart

Trading idea:

Sell at the breach of 1.0724.

Stop-loss at 1.0770.

Price …

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AEP Trading Analysis (19/06/2024)

19.06.2024

Market Review

The trend is up. The stock is traded in the range between 365 and 135 ЕМА. The downward wave structure is truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.

American Electric Power Company, Inc. stock price chart

Trading idea:

Buy when the formation of the upward wave structure starts, where …

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XAU/EUR Trading Analysis (19/06/2024)

19.06.2024

Market Review

The rising wave structure is truncated. The entry point is forming at the pullback B and the truncated C. There is a bearish divergence on the Awesome Oscillator and a bearish divergence on the Stochastic Oscillator.

XAU/EUR price chart

Trading idea:

Buy at the beginning of the formation of the descending wave structure, …

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Home Depot Trading Analysis (18/06/2024)

18.06.2024

Market Review

The trend is descending. The upward wave structure is truncated. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the overbought state.

The Home Depot, Inc. stock price chart

Trading idea:

Sell when the formation of the downward wave structure starts, where the wave A breaches the sloping channel of the uptrend truncated structure. …

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USD/CHF Trading Analysis (18/06/2024)

18.06.2024

Maintenance

The downward wave structures are truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state. The round secondary level 0.8880 curbs buyers. The reverse wave model 'Boguraev's Matryoshka' is forming.

USD/CHF chart as of 18/06/2024

Trading idea:

Buy when the formation of the ascending wave structure begins, when the wave …

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AEP Trading Analysis (17/06/2024)

17.06.2024

Market Review

The trend is up. The stock is traded in the range between 365 and 135 ЕМА. The downward wave structure is truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.

American Electric Power Company, Inc. stock price chart

Trading idea:

Buy when the formation of the upward wave structure starts, where …

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NZD/JPY Trading Analysis (17/06/2024)

17.06.2024

Market Review

The overall trend is upward. The downward wave structure is truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals oversold conditions. The entry point is forming at the pullback B with the truncated C.

NZD/JPY Forex price chart

Trading idea:

Buy when the formation of the ascending wave structure …

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Automatic Data Processing Trading Analysis (14/06/2024)

14.06.2024

Market Review

The trend is up. The stock is traded in the range between 365 and 135 ЕМА. The downward wave structure is truncated. The Stochastic Oscillator signals the oversold state.

Automatic Data Processing stock price chart

Trading idea:

Buy when the formation of the upward wave structure starts, where the wave A breaches the sloping channel of the downtrend truncated …

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AUD/USD Trading Analysis (14/06/2024)

14.06.2024

Market Review

The trend is generally up. The downward internal wave structure is truncated. Bears are testing the 200 ЕМА on the H4 timeframe. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator shows the oversold condition.

AUD/USD Forex price chart

Trading idea:

Buy at the beginning of the formation of the …

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