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Euro Analysis 14.10.2021

14.10.2021

Technical reviews

The single currency, the euro, fluctuated in a narrow range tilted to the downside during the Asian session, to witness its rebound from its top since the fifth of October against the US dollar, amid the scarcity of economic data by the economies of the euro area and on the …

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Australian dollar analysis 14.10.2021

14.10.2021

Technical reviews

The Australian dollar fluctuated in a narrow range tilted to the upside during the Asian session, to witness its highest since the tenth of September against the US dollar, following the developments and economic data that we followed about the Australian economy and on the cusp of developments and economic …

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Gold Analysis 13.10.2021

13.10.2021

Technical reviews

Gold futures fluctuated in a narrow range tilted to the upside during the Asian session, to witness its rebound to the seventh session in eleven sessions from the lowest since the tenth of August, amid the decline of the US dollar index according to the inverse relationship between them, following …

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Japanese Yen Analysis 13.10.2021

13.10.2021

Technical reviews

The US dollar fluctuated in a narrow range tilted to the downside during the Asian session, to witness its rebound to the second session from the top since December 3, 2018 against the Japanese yen, following the developments and economic data that we followed about the Japanese economy and on …

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Trading idea for today: Deere & Company (NYSE)

13.10.2021

Technical reviews

#DE

The overall trend is upward. The support level of 328.74 discourages the sellers. The Awesome Oscillator shows a bullish divergence, while the Stochastic Oscillator signals oversold conditions. The descending wave pattern is truncated.

 

 

Trading idea:

Buy when the ascending wave pattern is formed that will conclude the …

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Currency pair analysis for today, October 13th: USDSGD

13.10.2021

Technical reviews

USDSGD

The overall trend is upward. The currency pair trades in the range between 365 and 135 moving averages. The breakout of 1.3576 will result in the formation of an ascending wave pattern. On the H4 timeframe, bearish traders touched the upper border of the Ichimoku cloud, and on the …

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13.10. Oil decreases due to concerns about lowering demand, dollar at annual high

13.10.2021

Technical reviews

News for today, October 13th:

Oil prices declined on Wednesday amid fears that oil demand growth will fall as major economies are facing inflation and supply problems, although high coal and natural gas prices are limiting losses. The US dollar, trading near an annual high, is also weighing on oil …

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Euro Analysis 12.10.2021

12.10.2021

Technical reviews

The single currency, the euro, fluctuated in a narrow range tilted to the upside during the Asian session, to witness its rebound for the second session in five sessions from its lowest since July 22, 2020 against the US dollar on the cusp of developments and economic data expected today, …

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Australian dollar analysis 12.10.2021

12.10.2021

Technical reviews

The Australian dollar against the US dollar pair succeeded in achieving our awaited target at 0.7360 and is settling near it, and we expect to resume positive attempts to surpass this level and head towards 0.7405 as a next station.

Therefore, the bullish trend will remain valid for the upcoming …

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Trading idea for today: Cigna Corp. (NYSE)

12.10.2021

Technical reviews

#CI

The overall trend is upward. The descending wave pattern is truncated. The Awesome Oscillator shows a bullish divergence, while moving averages of the Stochastic Oscillator have left the oversold zone. A break of the mirror level of 208.63 will result in the formation of an ascending wave pattern, where …

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