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AUD/JPY Trading Analysis (16/07/2024)

The trend is ascending. The currency pair is traded in the range between 365 and 135 ЕМА. The downward truncated wave structure finished with the breach of the sloping channel. There is bullish divergence on the Awesome Oscillator, and the moving averages of the Stochastic Oscillator are out of the oversold zone.

Trading …

McDonald's Trading Analysis (15/07/2024)

The trend is down. The stock is trading in the range between 365 and 135 EMA. The ascending truncated wave structure finished with the breach of the sloping channel. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an overbought condition.

Trading idea:

  • Sell when the formation …
CAD/JPY Trading Analysis (15/07/2024)

The trend is ascending. The downward wave structures are truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold condition.

Trading analysis:

  • Buy when the formation of the upward wave structure begins, when the wave A breaches the sloping channel of the downward truncated structure. …
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