Daily reviews

AUDCAD

The overall trend is downward. The currency pair trades in the range between 365 and 135 moving averages. The ascending wave pattern of the M30 level is truncated. The Awesome Oscillator shows a bearish divergence, while the Stochastic Oscillator signals overbought conditions.

AUDCAD rate online: monitor the price …

News for today, October 12th:

The global energy crisis has heightened general inflation concerns, dampening investor sentiment ahead of the US corporate earnings season. As a result, Asian stocks fell on Tuesday, while the dollar retained its positions. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.9% in early …

Gold futures contracts fluctuated in a narrow range tilted to the downside during the Asian session, to witness its rebound to the second session from its highest since September 22, with the positive stability of the US dollar index according to the inverse relationship between them amid the scarcity of …

The dollar against the yen pair succeeded in surpassing our awaited main target at 112.05, and it pushed upwards at the opening of the day, to confirm opening the way for the extension of the bullish wave on the intraday and short term, waiting to visit the 113.40 level as …

#BN

The overall trend is upward. The Awesome Oscillator shows a bullish divergence, while the Stochastic Oscillator signals oversold conditions. The support level of 56.53 discourages the sellers.

Trading idea:

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

GBPUSD

The overall trend is downward. The currency pair trades in the range between 365 and 135 moving averages. The ascending wave patterns H4 and H1 are truncated. The Awesome Oscillator shows a bearish divergence, while the Stochastic Oscillator signals overbought conditions.

GBPUSD rate online: monitor the price movement …

News for today, October 11th:

Asian equities rallied Monday on gains in China, which also helped US stock futures overcome early losses. Rising Treasury yields pushed the dollar to its highest level in nearly three years against the Japanese yen on Monday, as investors remain confident that the US Federal …

The single currency, the euro, fluctuated in a narrow range tilted to the downside during the Asian session to reflect its stability near its lowest since July 2020 and to prepare for its fifth consecutive weekly losses against the US dollar on the cusp of developments and economic data expected …

The Australian dollar fluctuated in a narrow range tilted to the upside during the Asian session, to witness its rebound to the sixth session in seven sessions from its lowest since August 23, explaining its stability near its highest since mid-September against the US dollar, after the Australian Central Bank …

GBPCHF

The overall trend is downward. The ascending wave patterns of the levels H2 and M30 are truncated at the moment. The Awesome Oscillator shows a bearish divergence, while the Stochastic Oscillator signals overbought conditions.

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

Trading idea:

Sell when …