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Trading ideas for the PJSC Magnit 07.10.2020


The support level of 4850,0 discourages sellers. A descending truncated pattern has formed. Awesome Oscillator indicates a bullish divergence, while Stochastic Oscillator signals an oversold condition.
monitor the price movement in real time.


Trading recommendations:
Buy when an ascending wave pattern is formed.
Stop Loss under …

GBPJPY analysis 07.10.2020

The overall trend is downward. The ascending pattern showed a bearish divergence on Awesome Oscillator, and an overbought condition on Stochastic Oscillator. A breakout of 135.85 will result in the formation of a 1-2-3 descending pattern.

monitor the price movement in real tome.

Trading recommendations:

Sell …

EURUSD technical analysis 07.10.2020

The pair found support at 1.1730 and may resume growth. Higher expectations of new stimulus package from the ECB may support the pair. However, if the sentiment in the stock market turns negative after Trump’s decision not to support new stimulus proposals by Republicans, the pair may continue its …

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