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USD/JPY Trading Analysis (08/07/2024)

The trend is ascending. The currency pair 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.

Trading idea:

  • Buy when the formation of the ascending wave structure begins, when the wave A breaches the pivot 2 (160.715) of the …
Delta Air Lines Trading Analysis (05/07/2024)

The trend is up. The stock trades in the range between 365 and 135 ЕМА. The downward wave structures are truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an oversold condition. The downward inner truncated wave structure has finished.

Trading idea:                

  • Buy at the breach of 47.46.
  • Stop-loss …
GBP/USD Trading Analysis (05/07/2024)

The bears are testing the lower border of the upward price channel at the USD Index. The ascending wave structure is truncated. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the overbought state.

Trading idea:

  • Sell when the formation of the descending wave structure begins, when …
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