Daily reviews

EURUSD

The pair remains under pressure due to a number of negative factors. This is the impact of the 2nd COVID-19 wave pandemic, the situation around Brexit, as well as uncertainty of the unattainable agreement on economic incentives between Democrats and Republicans in the  US before the presidential election. These …

#MSFT

The stock is trading in the range of 365 and 135 moving averages directed up and the lower border of the ascending price channel. Stochastic Oscillator indicates an oversold condition, while Awesome Oscillator indicates a bullish divergence.

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

Trading recommendations: …

Thursday, October 22nd, today’s news—Germany reported weak consumer sentiment data. European and American markets decline amid the lack of progress in the new stimulus deal in the US, dollar is stronger, oil and gold are down. The price of Brent oil is $41.86, WTI—$40.16, EUR/USD is at 1.1838, GBP/USD—1.3088, gold …

Gold futures declined during the Asian session, to witness their rebound for the second session from their highest since October 12, when they tested their highest since September 21 amid the US dollar index rebounding to the second session from its lowest since the second of September, according to The …

Cisco share continues its sideways movement around the support level of 38.50, as it closed yesterday's trading above this level, correcting the bearish path.

The trades stabilized below the MA 50, which is pressuring the price for a further decline, which supports expectations for a further decline in the upcoming …

EURUSD

The pair may correct downwards as the demand shifts from risk assets to safe-haven currencies: dollar, yen, the Swiss franc. The main negative factor is the lack of progress in the stimulus talks between Democrats and Republicans.

Technical side:

The price is above the middle Bollinger band, below SMA …

#HOG

The 29.50 resistance level is holding back buyers. An ascending truncated pattern has formed. Awesome Oscillator indicates a bearish divergence, while Stochastic Oscillator signals an overbought condition.

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

Trading recommendations:

Sell when a descending wave pattern has formed, where …

GBPJPY

The 137.76 resistance level is holding back buyers. At the moment, the ascending patterns of the H8 and H2 levels are truncated. A bearish divergence has formed on Awesome Oscillator, while Stochastic Oscillator indicates an overbought condition.

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

Trading recommendations: …

Wednesday, October 21st, today’s news—the pound jumps after the EU's Brexit negotiator Michel Bernier said that the trade deal is within reach. Hopes for the new stimulus package in the US weigh on the dollar, but fail to inspire growth in the American and European markets, virus concerns are still …

The single currency, the euro, fluctuated in a narrow range sloping upward during the Asian session to witness its highest since September 21 against the US dollar amid scarcity of economic data by the economies of the euro area and on the cusp of economic developments and data expected today, …