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Currency pair analysis for today, October 6th: AUDUSD

06.10.2021

Market Review

AUDUSD

The overall trend is downward. The ascending wave pattern of the H2 level is truncated. The Awesome Oscillator shows a Bearish divergence, while the Stochastic Oscillator signals overbought conditions.

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

 

Trading idea:

Sell when a descending wave pattern is formed, where …

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05.10. Inflation continues, dollar strengthens, and Asian stocks fall

05.10.2021

Market Review

News for today, October 5th:

Asian stocks suffered losses on Tuesday morning after a sell-off on Wall Street, resulting from the high oil prices coupled with supply chain disruptions that triggered concerns in the markets. MSCI's broadest index of Asia-Pacific shares outside Japan fell 1.3%, a decline continuing for a …

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Gold analysis 05.10.2021

05.10.2021

Market Review

Gold futures fell during the Asian session to see its second session from the top 23 since the positive stability of the US Dollar for the first time in four sessions in accordance with the reverse relationship between them to emerge developments and economic data on Tuesday by the largest …

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Japanese Yen Analysis 05.10.2021

05.10.2021

Market Review

The US dollar fluctuated in a tight targeted towards the rise during the Asian session to witness its second consecutive session since 27 September against the Japanese yen following developments and economic data convicted by the Japanese economy, which included the talk of the Governor of Japan Haruhiko Coroda, Developments …

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Currency pair analysis for today, October 5th: CADJPY

05.10.2021

Market Review

CADJPY

The ascending wave pattern of the H4 level is truncated. A shooting star reversal pattern has formed with a false breakout of the resistance level. The Awesome Oscillator shows a Bearish divergence, and the Stochastic Oscillator signals overbought conditions.

CADJPY rate online: monitor the price movement in real time. …

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Trading idea for today: Norfolk Southern Corporation (NYSE)

05.10.2021

Market Review

#NSC

The overall trend is upward. The descending internal pattern is truncated. A bullish divergence has formed on the Awesome Oscillator, and the Stochastic Oscillator signals oversold conditions.

Trading idea

Buy when an ascending wave pattern is formed, where the wave (A) breaks through the pivot 2 of the wave …

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Euro Analysis 04.10.2021

04.10.2021

Market Review

The single currency, the euro, fluctuated in a narrow range tilted to the upside during the Asian session, to witness its rebound to the third session from its lowest since July 23, 2020 against the US dollar on the cusp of developments and economic data expected today, Monday, by the …

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Australian dollar analysis 04.10.2021

04.10.2021

Market Review

The Australian dollar fluctuated in a narrow range tilted to the upside during the Asian session, to witness its rebound for the third consecutive session from its lowest since August 23 against the US dollar, following the developments and economic data that we followed about the Australian economy and on …

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04.10. Global economic concerns: Rising inflation and continued Evergrande collapse

04.10.2021

Market Review

News for today, October 4th:

A host of U.S. economic data released on Friday showed an increase in consumer spending and manufacturing activity. However, due to high inflation, concerns persist that central banks will have to raise interest rates earlier than expected. Eurozone inflation also hit a 13-year high last …

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Currency pair analysis for today, October 4th: EURNZD

04.10.2021

Market Review

EURNZD

The currency pair trades in a range of 365 and 135 moving averages. The Stochastic Oscillator signals oversold conditions, and a bullish divergence has formed on the Awesome Oscillator. The likely entry point is on the rollback B.

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

Trading …

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