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NZD/JPY Trading Analysis (21/08/2024)

The trend is downward. The currency pair is trading in the range between 365 and 135 EMA. The ascending truncated wave structure finished with the breach of the pivot 2 of the wave C. There is a bearish divergence on the Awesome Oscillator.

Trading idea:

  • Buy at the breach of 89.180.
  • Stop-loss …
Microsoft Trading Analysis (20/08/2024)

The trend is descending. The stock is trading in the range between 365 and 135 EMA. The upward wave structure is truncated. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an oversold condition.

Trading analysis:

  • Sell when the formation of the downward wave structure begins, when the wave …
NZD/CHF Trading Analysis (20/08/2024)

The trend is descending. Bulls tested the 200 EMA on the H4 timeframe. The ascending wave structure is truncated. There is a bearish divergence on the Awesome Oscillator, and the moving averages of the RSI indicator have tested the overbought levels.

Trading idea:

  • Sell when the formation of the descending wave structure …
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