Daily reviews

AUDUSD

The descending H2 level pattern is truncated. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator indicates an oversold condition.

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

Trading recommendations:

Buy when an ascending wave pattern is formed, where the wave (A) breaks through the …

NZDUSD

The pair is forming the “rising flag” trend pattern after the breakout of 0.6575. The expected decline in demand for commodity assets due to the drop in economic activity around the world because of COVID-19 is weighing on the pair. If this market sentiment persists the price will drop …

Monday, October 19th, today’s news—China's GDP grew 4.9% in Q3, less than the predicted 5.2%. This is weighing on the markets, oil and gold are down, but the overall trend is positive due to other factors: expectations of vaccine until the end of the year, stimulus hopes in the US, …

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 to move below the moving averages 507-20- which move in a bearish order above the price near the resistance level 68.31-78.50 and …

The Australian dollar fluctuated in a narrow, upward range during the Asian session against the US dollar amid scarcity of economic data by the Australian economy at the beginning of this week and in the wake of the economic developments and data that were followed by the Chinese economy, Australia's …

Futures contracts for prices fluctuated in a narrow range that tends to rise during the Asian session, overlooking the positive stability of the US dollar index according to the inverse relationship between them following developments and economic data that they followed on the Chinese economy, the largest consumer of minerals …

CHFJPY

The overall trend is upward. Awesome Oscillator indicates bullish divergence. A start fractal has formed above the 135 moving average. A breakout of the start fractal will result in the formation of a 1-2-3 ascending pattern.

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

Trading recommendations:

Buy …

EURUSD

The pair consolidates above 1.1700 ahead of today’s speeches by the ECB’s head Christine Lagarde and the Fed’s head Jerome Powell. From a technical point of view, the pair is hovering over a strong support level of 1.1700, once below, it will enter a local decline.

Technical side:

The …

#BRK.B

The overall trend is upward. The stock is trading in the range of the lower border of the ascending price channel. A start fractal has formed above the 135 moving average. A breakout of the fractal will result in the formation of a 1-2-3 ascending pattern. The moving averages …

Friday, October 16th, today’s news—new car sales in Europe are up 1.1% in September compared to last year. Stocks of EU companies are rising, primarily it's the heavy industry, car makers and luxury goods producers, US markets continue to fall, oil resumed decline, dollar is rising. The price of Brent …