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The Australian dollar against the US dollar settled below 0.7100, enhancing the chances of continuing the bearish trend over the intraday basis, and we believe that the path is open to head towards our next main target at 0.6964.

Therefore, the bearish trend scenario will remain valid and effective for …

Futures contracts for gold prices fluctuated in a narrow range that tends to decline, to witness their rebound to the third session in five sessions from the highest since September 21, and to prepare for the first weekly losses in three weeks amid the rise in the dollar index according …

Share managed to breach the support 330.77, ending the sideways movement it was moving within, and the price is currently heading to test the support 313.60 after it breached the previous support level of 330.70.

The stochastic oscillator is on a downward path, and this coincides with the price test …

USDCHF

The overall trend is downward. The ascending H2 level pattern is truncated. The currency pair is trading in the range of 365 and 135 moving averages. Awesome Oscillator indicates a bearish divergence, while Stochastic Oscillator signals an overbought condition.

USDCHF rate online: monitor the price movement.

Trading recommendations:
Sell …

EURUSD

The pair is consolidating above 1.1700 after yesterday’s drop. The main negative factor is the uncertainty of the US election and the second wave of COVID-19 in Europe, which supports the US dollar as a safe-haven currency.

Technical side:

The price is located on the lower Bollinger band, at …

#ABBV

The general movement is upward. The price pivot zone of 85.20 holds back sellers. The stock is trading in the range of 365 and 135 moving averages. Awesome Oscillator shows a bullish divergence. A breakout of the inclined channel by the formation of an ascending pattern will result in …

Thursday, October 15th, today’s news—a number of existing factors is pushing the global markets down. In Europe, it's the strong second wave of the coronavirus and the Brexit issue, in the US, it's the lack of a new stimulus package, Asia-Pacific shares are influenced by weak economic data, the dollar …

The US dollar fluctuated in a narrow range that tends to rise during the Asian session, to witness its retracement to the second session from its lowest since the second of October, when it tested its lowest since September 23 against the Japanese yen, following developments and the economic data …

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 …

Futures contracts for prices fluctuated in a narrow range that tends to decline, to witness its retracement of the third session in four sessions from its highest since September 21, overlooking the decline of the dollar index according to the inverse relationship between them following the developments that they followed …