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GOLD technical analysis

The price of gold is below the strong resistance level of 1739.15 amid the Fed’s meeting outcome and Jerome Powell’s speech. If the head of the US Central Bank manages to convince the markets that the course of monetary policy will not change for a very long time, despite …

NZDJPY analysis

The conditions for setting a pending sell stop order were met – the inclined channel of the ascending truncated pattern is broken and the correction is received. The entry point with a truncated C. The filter is overbought, bearish divergence, double ascending truncated pattern and the upper limit of …

Trading idea for Alibaba Group Holding Limited (NYSE)

#BABA

The overall trend is upward. The descending pattern of the H4 level is truncated.  Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold conditions.

Trading idea:

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

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