Daily reviews

#T

The descending M30 level pattern is truncated. Awesome Oscillator indicates bullish divergence, while Stochastic Oscillator signals an oversold condition. An entry point is formed at the end of the expected wave B.

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

Trading recommendations:

Buy when an ascending wave …

EURUSD

The pair is trading below 1.1830 after a local rise amid the chronically weak dollar due to stable expectations in the market that the after the election, the winner of the presidential race will be forced to give the green light to new measures to support the US economy. …

AUDCHF

The overall trend is downward. Awesome Oscillator indicates a bearish divergence, while Stochastic Oscillator signals an overbought condition. A breakout of 0.6568 will result in the formation of a 1-2-3 descending pattern.

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

Trading recommendations:

Sell below 0.6568.

Stop …

Friday, October 9th, today’s news—the UK's economic recovery slowed in August amid the pandemic. American and European markets rise in anticipation of fiscal stimulus updates, dollar is weaker, oil prices jump on fears of supply cuts from as Norwegian oil workers strike. The price of Brent oil is $43.00, WTI—$40.83, …

The Australian dollar fluctuated in a narrow range sloping upward during the Asian session, to witness its retracement for the third consecutive session since the 29th of September against the US dollar, following the developments and economic data that they followed on the Australian economy and on the cusp of …

Futures contracts rose by nearly one percent to witness their rebound for the third consecutive session from the lowest since September 28, amid the rebound of the US dollar index for the eighth session in eleven sessions from its highest since July 24, according to the inverse relationship between them …

The US dollar fluctuated in a narrow range that tends to decline during the Asian session, to witness its retracement of the second session from its high since September 14 against the Japanese yen after the developments and economic data that they followed on the Japanese economy and on the …

Share continues with the sideways movement, as the price is testing the 340.85 resistance after it tested the support level of 330.70 to the downside and reached the support level near the 50 SMA. Which is moving near the major support at 330.50.

The stochastic oscillator is on a downward …

AUDJPY

The 76.16 resistance level is holding back buyers. The ascending H8 level pattern is currently truncated, while the internal H1 level pattern is also truncated. Awesome Oscillator indicates a bearish divergence, while Stochastic Oscillator (30.10.10.) signals an overbought condition.

AUDJPY rate online: monitor the price movement in real time. …

USDCAD

The pair is trading below 1.3200 as the US dollar weakens, new economic data is released in Canada, and crude oil prices have been rising over the recent days.

Technical side:

The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is in the …