Daily reviews

The single currency, the euro, fluctuated in a narrow range that tends to rise during the Asian session, to witness the highest since September 15th against the US dollar on the cusp of economic developments and data expected today, Monday by the economies of the euro area, which includes the …

Futures contracts for gold prices fluctuated in a narrow range sloping to an upward trend during the Asian session, to witness the highest since September 18, with the US dollar index dropping to its lowest since the beginning of the same month, when the lowest was tested since late April …

Aeroflot continues its descending path after breaching the support 68.30 and moving towards the level of 50.60, which is the target for the downside movement.

The price continues moving below the moving averages 507-20- which moves in a bearish order above the price near the 68.31 resistance level and pressures …

#INTC

The historic support level of 43.70 held back sellers. Stochastic Oscillator signals oversold conditions. A breakout of 46.09 will result in the formation of a 1-2-3 ascending pattern.

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

Trading recommendations:

Buy on breakout of 46.09.

Stop Loss: 43.70.

Target …

GBPSEK
The currency pair is located at the lower border of a flat range. The descending H4 level pattern is truncated. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator indicates an oversold condition.
GBPSEK rate online: monitor the price movement in real time.

Trading recommendations:

Buy when an ascending …

AUDUSD

The pair is trading above the 0.7270, supported by the demand for risk assets amid as Joe Biden is proclaimed as the President-elect. The pair is also supported by the rising expectations of a decrease in tension between Washington and Beijing, which will have a positive impact on the …

Friday, November 6th, today’s news—daily new cases of COVID-19 in the US surpass the record-breaking 100,000. Global markets fall amid the uncertainty over the US presidential election results and the escalating pandemic, Treasury yields drop, the dollar is stronger. The price of Brent oil is $40.38, WTI—$38.18, EUR/USD is at …

USDJPY

The pair is trading above 103.45. Weak employment data in the US may increase the pressure on the pair, while Joe Biden’s victory in the presidential election expected by investors already weighs on it.

Technical side:

The price is below the middle Bollinger band, below SMA 5 and SMA …

Gold futures fluctuated in a narrow range that tends to decline during the Asian session, to witness its retracement of the second session from its highest since September 21, overlooking the retracement of the US dollar index for the third session from its highest since the 28th of the same …

The Australian dollar fluctuated in a narrow range that tends to decline during the Asian session, to witness its retracement of the second session from its highest since September 21, while it is still in the process of its best weekly performance since the beginning of this year against the …