Analytic reviews

#BATS

The stock is trading in the range of the moving averages 135 and 365. The price pivot level 26.50 holds back sellers The descending H1 pattern is truncated. Awesome Oscillator indicates a bearish divergence, while Stochastic Oscillator signals an oversold condition.

#BATS rate online: monitor the price movement in real time.

Trading recommendations:

Buy when an ascending wave pattern is formed.

Stop Loss: below the local minimum (26.50).

Target levels: 27.500; 28.700.

Analysis based on round-number levels, price channels and modified Elliot Waves

AUDJPY

The resistance level of 77.08 holds back buyers. The ascending H8 level pattern is truncated. The internal H2 level pattern is also truncated. A bearish divergence is forming on Awesome Oscillator, while Stochastic Oscillator indicates an overbought condition.

AUDJPY rate online: monitor the price in real time.

Trading recommendations:

Sell as a descending wave pattern is formed, where the wave A breaks through the inclined channel of the ascending truncated H2 level pattern.

Stop Loss: beyond the support level of 77.08.

Target levels: 76.11; 75.40; 74.20.

EURUSD

The risk appetite still weighs on the American dollar as investors turn to stocks. The situation is likely to persist, and this means the pair will continue to rise.

Technical side:

The price is above the middle Bollinger band, above SMA 5 and SMA 14. RSI is below 50% and is rising smoothly. Stoch are in the overbought territory.

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

Trading recommendations:

Buy the pair after a breakout of 1.930 with a possible further rise to 1.2000.

Wednesday, November 25th, today’s news—Dow Jones hits a record high of 30,000. Global markets reacted with growth, oil is up, gold continues to decline on vaccine optimism. European markets rise on the Wall Street optimism, vaccine hopes and political certainty in the US, Tesla stock price went up 427% since the beginning of the year, gold and the dollar fall, EU prepares for no-deal Brexit. The price of Brent oil is $48.31, WTI—$45.35, EUR/USD is at 1.1908, GBP/USD—1.3350, gold is $1,808.85 per ounce.

The Australian dollar against the US dollar confirmed the breach of 0.7340 after closing the daily candlestick above it, to obtain a good positive motive that supports the expectations of the continuation of the bullish trend in the intraday and short term, as the price gradually approaches our awaited target at 0.7413, and we expect to cross this level to head towards 0.7530 as a positive station deification.

From here, the bullish trend scenario will remain valid and effective for the upcoming period, provided that it is established above 0.7295.

The expected trading range for today is between 0.7290 support and 0.7430 resistance.

The expected general trend for today: Bullish.

Sber Bank shares returned to test the resistance 250.00 after reaching it last week and rebounding from it in a correction to the strong upward path that was formed after the stock managed to breach the upper bound of the descending channel it was moving within, after breaching several levels of resistance.

The price is moving above the moving averages 50-20-7. Therefore, the price confirmed the upside path, and we await a re-test of the 250.00 level.

The current price action takes place between the 232.70 support and the 250.00 resistance level over the intermediate period which will be the primary targets of the price action.

General direction of movement: Bullish path

#NFLX

The price pivot zone of 459.00 holds back sellers. Awesome Oscillator shows a bullish divergence. A breakout of the 495 resistance level 495.0 will result in the formation of a 1-2-3 ascending pattern.

#NFLX rate online: monitor the price movement in real time.

Trading recommendations:

Buy on breakout 495.00.

Stop Loss under the price pivot zone 459.00.

Target levels: 518.00; 553.00.

EURUSD

The ascending pattern is truncated. The resistance level of 1.1915 is holding back buyers. Awesome Oscillator shows a bearish divergence, while the moving averages of Stochastic Oscillator have left the overbought zone.

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

Trading recommendations:

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

Stop Loss: 1.1915.

Target levels: 1.1758; 1.1622.

EURUSD

The pair remains in the range of 1.1815–1.1900 due to the conflicting forces that prevent its further growth or drop. The pair will likely rise as the market sentiment improves.

Technical side:

The price is above the middle line of the Bollinger indicator, above SMA 5 and SMA 14. RSI is above the 50% level and moves horizontally. Stoch intersect in the overbought zone.

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

Trading recommendations:

Buy the pair after the breakout of the 1.1900 level with a probable growth to 1.1955.

Tuesday, November 24th, today’s news—Donald Trump has officially initiated the transition to the new administration. Global markets reacted with growth, oil is up, gold continues to decline on vaccine optimism. The price of Brent oil is $46.25, WTI—$43.36, EUR/USD is at 1.1876, GBP/USD—1.3371, gold is $1,825.35 per ounce.