Daily reviews

GBPUSD

The pair is in a downward turn amid the “constitutional crisis” in America, and the resulting strong demand for the dollar as a safe haven currency. The pound sterling is negatively affected by the weak GDP, and the industrial production data published this morning.

Technical side:

The price is …

Gold futures fluctuated in a narrow range that tends to rise, to witness its rebound to the second session in four sessions from its lowest since July 22, overlooking the bounce of the US dollar index for the third session in four sessions from its lowest since the beginning of …

The Australian dollar against the US dollar is confined to a bullish triangular flag pattern whose features are visible in the image, which means that the breach of 0.7305 will provide a good positive motive that supports the expectations of the continuation of the main bullish trend, whose next target …

Cisco share was able to breach the resistance after it opened the week's trading with a gap and settled in trading above the 38.48 resistance level, thus giving the stock an indication of the end of the bearish path and the start of a new bullish path.

The trades stabilized …

CHFJPY

The descending H1 level pattern is truncated (presumably a wave B of the H4 level ascending pattern). Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals an oversold condition.

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

Trading recommendations:

Buy when an ascending wave pattern is …

Wednesday, November 11th, today’s news—combined market value of Chinese tech giants dropped $250 billion, Asian markets are mixed. In Europe and the US, the markets rise on the new vaccine optimism, though experts warn that no immediate recovery is possible, gold is up, new stimulus hopes in the US. The …

The single currency, the euro, fluctuated in a narrow, upward range during the Asian session, to witness its rebound to the fifth session in six sessions from the lowest since July 24 against the US dollar amid economic data on Wednesday by the economies of the euro area and the …

The Australian dollar against the US dollar starts positive trading today, moving above 0.7300, which supports expectations of continuing the bullish trend in the intraday and short term, and the way is open to achieving our awaited target at 0.7413.

The SMA 50 continues to support the suggested bullish wave, …

Sber Bank rose and managed to breach the upper bound of the descending channel it was moving within after breaching several resistance levels and approaching the main resistance level 243.53

The price is moving above the moving averages 50-20-7. Therefore, the price confirmed the upside path and we await a …

#NFLX

The price pivot zone of 459.00 holds back sellers. An “inverted hammer” reversal pattern has formed on the daily chart, a likely reversal was confirmed by the bullish candle. Awesome Oscillator indicates a bullish divergence, while the moving averages of Stochastic Oscillator are in the oversold zone.

#NFLX rate …