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Gold analysis 07.10.2020

07.10.2020

Technical reviews

Futures contracts for gold prices fluctuated in a narrow range that tends to rise during the Asian session, to witness its rebound from its lowest since September 28, overlooking the bounce of the US dollar index for the second session from its lowest since the 21st of the same month …

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USDJPY analysis 07.10.2020

07.10.2020

Technical reviews

The US dollar fluctuated in a narrow range that tends to rise during the Asian session, to witness its rebound for the second session in four sessions from its lowest since September 23 against the Japanese yen, following developments and economic data that they followed on the Japanese economy, which …

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Sber Bank stock analysis

07.10.2020

Technical reviews

The stock of the week's trading opened with a big gap, as the price breached the lower bound of the ascending channel it was moving within and also managed to breach the support level 216.25

The price is moving below the moving averages that form resistance to the price and …

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Trading ideas for the PJSC Magnit 07.10.2020

07.10.2020

Technical reviews

#MAGNIT
The support level of 4850,0 discourages sellers. A descending truncated pattern has formed. Awesome Oscillator indicates a bullish divergence, while Stochastic Oscillator signals an oversold condition.
#MAGNIT rate online: monitor the price movement in real time.


Trading recommendations:
Buy when an ascending wave pattern is formed.
Stop Loss under …

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GBPJPY analysis 07.10.2020

07.10.2020

Technical reviews

GBPJPY

The overall trend is downward. The ascending pattern showed a bearish divergence on Awesome Oscillator, and an overbought condition on Stochastic Oscillator. A breakout of 135.85 will result in the formation of a 1-2-3 descending pattern.

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

Trading recommendations:

Sell …

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EURUSD technical analysis 07.10.2020

07.10.2020

Technical reviews

EURUSD

The pair found support at 1.1730 and may resume growth. Higher expectations of new stimulus package from the ECB may support the pair. However, if the sentiment in the stock market turns negative after Trump’s decision not to support new stimulus proposals by Republicans, the pair may continue its …

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06.10. Fresh trading analysis: European markets are lower, investors await statements from the heads of the Fed and the ECB

06.10.2020

Technical reviews

Tuesday, October 6th, today’s news—European markets are lower as the healthcare and tech sectors weaken, profitability of the eurozone banks fall. The dollar falls amid the rising risk appetite, American markets await the statement from the Fed's head Jerome Powell. The price of Brent oil is $41.70, WTI—$39.60, EUR/USD is …

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AUDUSD analysis 06.10.2020

06.10.2020

Technical reviews

The Australian dollar fluctuated in a narrow range that tends to rise during the Asian session, to witness its rebound to the sixth session in eight sessions, from its lowest since July 20 against the US dollar, following the developments and economic data that they followed on the Australian economy …

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Gold analysis 06.10.2020

06.10.2020

Technical reviews

Gold futures fluctuated in a narrow range that tends to decline during the Asian session, to witness its rebound for the second consecutive session from its highest since September 22, overlooking the bounce of the US dollar index for the sixth session in eight sessions from its highest since July …

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USDJPY analysis 06.10.2020

06.10.2020

Technical reviews

The US dollar fluctuated in a narrow range slanting to an upside during the Asian session, to witness its rebound for the second session from its high since late last September against the Japanese yen amid a scarcity of economic data at the beginning of this week by the Japanese …

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