Daily reviews

NZDCHF

The currency pair is testing the lower limit of the ascending price channel on the H4 timeframe.

Awesome Oscillator indicator has formed a bullish divergence, and Stochastic Oscillator signals oversold condition on the H1 timeframe. The currency pair is trading in the range of the internal descending price channel. …

USDCAD

The pair remains in a short-term downtrend as the US dollar weakens, while crude oil prices resume growth. If these two important factors persist, the pair will remain under pressure.

Technical side:

The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is in …

Friday, November 27th, today’s news—China's industrial profits rise for the sixth consecutive month, jumping 28.2% in October. European and Asian markets rise, oil and dollar weaken, bitcoin is down nearly $3,000. The price of Brent oil is $47.69, WTI—$44.91, EUR/USD is at 1.1928, GBP/USD—1.3370, gold is $1,808.00 per ounce.

#RTKM

The stock is trading in the range of 365 and 135 moving averages. A “start fractal” has formed above the moving averages. A breakout of the start fractal will result in the formation of a 1-2-3 ascending pattern. Awesome Oscillator indicates a bullish divergence, while Stochastic Oscillator signals an …

Futures contracts for gold prices fluctuated in a narrow range slanting to an upward trend during the Asian session, to witness its retracement of the third session from its lowest since July 17, overlooking the decline of the US dollar index and its stability near its lowest since the beginning …

The Australian dollar fluctuated in a narrow range sloping upward during the Asian session, to witness its stability near its high in nearly three months against the US dollar amid economic data on Friday by the Australian economy and its US counterpart, the largest economy in the world.

At 04:34 …

GBPNZD

A “hammer” reversal candle pattern has formed on the H4 timeframe from the support level. Bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals an oversold condition.

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

Trading recommendations:

Buy at the close of the signal candle, …

The stock of Amazon (AMAZON) rose in its recent trading at the intraday levels, to try to drain some of its obvious selling saturation with the relative strength indicators, especially with the emergence of a positive crossover in it, to achieve gains in its last session by 0.07%, equivalent to …

EURUSD 

The pair can’t get past 1.1930 amid the persisting problems related to the COVID-19 pandemic in Europe. The lack of news about new support measures for the US economy and its citizens doesn’t weaken the dollar. In addition, Thanksgiving in the US has significantly reduced the activity of investors. …

Thursday, November 26th, today’s news—jobless claims in the US rise for the second week in a row, reaching 778,000, which is above the forecasts. Asian markets rise, oil prices are up as the US stockpiles fall, gold also rises, bitcoin is down more than $1,000. The price of Brent oil …