Analytic reviews

#PLZL

The global trend is upward. Probably, an upward pattern of the D1 level is being formed, now the price is in the correction wave (B D1). Awesome Oscillator i shows a bullish divergence, while Stochastic Oscillator signals oversold conditions.

Trading idea:

Buy when an ascending wave pattern is forming, where the wave (A) breaks through the inclined channel of the descending pattern of the H2 level, completing it.

Stop loss at the local minimum.

Target levels: 15850; 16930.

USDCHF

The overall trend is downward. The ascending pattern of the H8 level is truncated. A bearish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals overbought conditions.

USDCHF rate online: monitor the price movement in real time.

Trading idea:

Sell when a descending wave pattern is formed, where the wave (A) breaks through the inclined channel of the ascending truncated pattern.

Stop Loss: beyond the local maximum (0.8925).

Target levels: 0.8793; 0.8758.

Aeroflot stock stabilized in trading above the support level 68.30, thus confirming the continuation of the bullish path and the end of the descending wave.

The price is moving above the average level of 20-50 after it was able to breach it by the end of last week, which is moving near the support level 68.31 and pressures the price to continue rising.

The stochastic oscillator fell to the bottom after it was moving in an upward path, which coincides with a slight corrective price decline

General path of movement: an upward path

EURUSD

The pair remains above the strong support level of 1.2135, but there is a high probability of its drop if the risk appetite in global markets continues to decline.

Technical side:

The price is below the middle Bollinger band, below SMA 5 and SMA 14. Moving Averages intersect and suggest selling. RSI is below the 50% level and is declining. Stoch are turning down.

EURUSD rate online: monitor the price movement in real time.

Trading idea:

A decline below 1.2135 will result in a further drop to 1.2080.

Cisco share continues its upward movement, as the price tries to confirm the breach of the resistance level 45.25 and stability above it, and the continuation of the bullish move.

Trading continues above the 20-50 moving averages, as the price moves directly above the 7-20 averages and supports the price to achieve more gains, while the 50 average is still moving near the major support 41.13.

The stochastic oscillator has reached the overbought zone, which is a positive sign. However, his exit from this area to the downside and the inability of the price to settle above the resistance level will make us witness a corrective price decline.

The expected trading range is between 42.13 support and 48.30 resistance

The expected general trend for today: Bullish

#AIR

The overall trend is upward. The stock is trading in the range of 365 and 135 moving averages. The descending pattern of the H1 level is truncated. The round secondary level of 87.80 holds back sellers. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals oversold conditions.

Trading idea:

Buy when an ascending wave pattern is formed, where the wave (aC) breaks through the inclined channel of the descending truncated pattern of the H1 level.

Stop Loss: 87.80.

Target levels: 94.50 (trap for pros); 99.00 (138.2% Fibo level).

EURUSD

The overall trend is upward. The support level of 1.2132 is holding back sellers. The descending pattern of the H4 level is truncated. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold condition.

EURUSD rate online: monitor the price movement in real time.

Trading idea:

Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined channel of the descending truncated pattern of the H4 level.

Stop loss under the local minimum: 1.2132.

Target levels: 1.2308; 1.2348.

EURUSD

The pair remains above the strong support level of 1.2135 amid the renewed growth in the yield of US treasuries, which supports the dollar. This trend may negatively affect the pair’s further growth.

Technical side:

The price is located below the middle Bollinger band, below SMA 5 and SMA 14. RSI is below the 50% level and is moving horizontally. Stoch unfold up.

EURUSD rate online: follow the movement of the pair in real time.

Trading recommendations:

If the pair doesn’t hold above 1.2135, it may cause a further drop to 1.2080.

EURJPY

The overall trend is upward. The currency pair is trading in the range of 365 and 135 moving averages directed upwards. The descending pattern is truncated. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold condition.

EURJPY rate online: monitor the price movement in real time.

Trading idea:

Buy when an ascending wave pattern is formed.

Stop loss at the local minimum: 126.43.

Target levels: 127.20 (round secondary level); 128.80.

#NESN

The downward pattern of the H1 level ended with the breakout of the inclined channel (aC). Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold conditions. Probably the descending H1 pattern is the wave (B) of the ascending pattern of the H8 level.

Trading idea:

Buy when an ascending wave pattern is formed above 101.10.

Stop Loss: 99.92.

Target levels: 105.12; 106.84.