Daily reviews

#GOLD

The support level of 1850.0 is holding back sellers. A descending truncated H1 level pattern has formed in the truncated wave (C) of the larger wave pattern. Awesome Oscillator shows a bullish divergence.

#GOLD rate online: monitor the price movement in real time.

Trading recommendations:

Buy when an ascending …

#MSFT

The overall trend is upward. The stock is trading in the range of 365 and 135 moving averages. The descending H1 level pattern is truncated. A bullish divergence has formed on Awesome Oscillator, while Stochastic Oscillator signals an oversold condition.

#MSF rate online: monitor the price movement in real …

Thursday, November 19th, today’s news—European markets retreat once again on virus fears despite the new vaccine news. Asia-Pacific markets are mixed, China to cut tariffs and boost import, the dollar is stronger, oil prices fall. The price of Brent oil is $44.05, WTI—$41.56, EUR/USD is at 1.1829, GBP/USD—1.3213, gold is …

The single currency, the euro, fluctuated in a narrow range that tends to decline during the Asian session, to witness its retracement of the third session from its highest since the ninth of November, when it tested its highest since the second of September against the US dollar on the …

The Australian dollar fluctuated in a narrow range that tends to decline during the Asian session, to witness its retracement to the second session in three sessions from its highest since the ninth of November, when it tested its highest since September 16 against the US dollar after the developments …

Cisco share managed to reach the resistance level 42.10 with the opening of the week's trading. As the week opened with a rising gap.

Trading has become above the moving averages as the price moves away from it, therefore it is likely that we will witness a downward correction in …

#SIE

The stock is trading in the range of 365 and 135 moving averages directed upwards. Presumably, the downward movement is a correction. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals an oversold condition.

Trading recommendations:

Buy when an ascending wave pattern is formed, where the wave (aC) …

USDCHF

The 0.9087 support level is holding back sellers. The downward truncated pattern ended with the breakout of an inclined channel. A breakout through the resistance level of 0.9125 will result in the formation of an ascending wave pattern within the wave C of an ascending H4 level pattern. A …

GBPUSD

After the news about the possible no-deal Brexit, sterling may come under pressure. So far, the pair is holding the 1.3220 level, but the situation may worsen.

Technical side:

The price is above the middle Bollinger band, below SMA 5 and SMA 14. RSI is above the 50% level …

The single currency, the euro, fluctuated in a narrow, bullish range during the Asian session against the US dollar on the cusp of economic developments and data expected today, Wednesday, by the economies of the euro area as a whole and the US economy, the largest economy in the world, …