Daily reviews

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, …

Sber bank's stock rebounded from the resistance 250.00 after reaching it yesterday in a correction to the strong bullish path that was formed after the stock managed to breach the upper bound of the descending channel it was moving within, after breaching several resistance levels.

The price is moving above …

Wednesday, November 18th, today’s news—weak retail sales data in the US weighs on the global markets despite the new vaccine euphoria. The Fed's head talks about the need for further support for the economy, Asian markets are mixed following the overall strong Japan data, yet the carmaker stocks are down, …

USDJPY
The pair dropped below the key level of 104.00 amid lower risk appetite in equity markets and weak data on retail sales in the US published on Tuesday.
Technical side:
The price is located below the middle Bollinger band, below SMA 5 and SMA 14. RSI is below the …

The overall trend is upward. The stock is trading in the range of the moving averages 365 and 135. Awesome Oscillator indicates a bullish divergence, while Stochastic Oscillator shows an oversold condition.

Trading recommendations:

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

Analysis based on round-number levels, price channels and modified Elliot Waves

CADCHF

The overall trend is upward. The currency pair is trading in the range of the moving averages 365 and 135. The descending H1 level pattern is truncated, Awesome Oscillator indicates a bullish divergence.

CADCHF rate online: keep track …

Tuesday, November 17th, today’s news—Moderna announced preliminary results of coronavirus vaccine trial, claims it's more than 94% effective. American and Asian markets reacted with growth, Dow neared the record mark of 30,000, European markets failed to join the rally, the dollar is weaker, Tesla to join S&P 500, Airbnb to …

AUDUSD

The ascending pattern is truncated. The 0.7340 resistance level is holding back buyers. A bearish divergence is forming on Awesome Oscillator.

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

Trading recommendations:

Sell when a descending wave pattern is formed, where the wave (A) breaks through the inclined …

#ADS

The overall trend is upward. The price pivot zone of 268.50 holds back sellers. A breakout of through the resistance level of 279.00 will result in the formation of an ascending pattern of 1-2-3. Stochastic Oscillator signals an oversold condition.

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