Daily reviews

AUDUSD

The pair is declining following the release of consumer inflation data in China despite the positive employment numbers in Australia. The overall decline in risk appetite in the markets and the second wave of COVID-19 has a broad negative impact on economic activity in the world and supports the …

EURUSD

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

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Trading recommendations: …

#BA

The decline in stock prices has stopped, as indicated by the moving 365 and 135 in a horizontal position. Stochastic Oscillator signals an oversold condition. A breakout of 170.00 will result in the formation of an ascending wave pattern.

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

Wednesday, October 14th, today’s news—European markets are mixed amid the pandemic concerns and positive corporate reports, investors await the speech of the ECB head Christine Lagarde. Dollar is stronger a safe haven currency as the vaccine uncertainty grows, Dow futures are up 100 points, the pound sterling is weaker as …

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

The Australian dollar fluctuated in a narrow, upward range during the Asian session against the US dollar, following the developments and economic data that they followed on the Australian economy and looking forward to a speech by the Governor of the Reserve Bank of Australia, Philip Lowe, and on the …

Futures contracts for prices fluctuated in a narrow range slanting to rise during the Asian session, to witness their rebound from the lowest since the seventh of October, amid the decline of the US dollar index according to the inverse relationship between them on the cusp of developments and economic …

EURUSD
The pair continues to correct downwards as the demand for dollar rises while investors abandon risk assets. If the European stock market corrects down, the pair will continue to decline.

Technical side:

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

#SBER

The support level of 204.50 is holding back sellers. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator indicates an oversold condition. A breakout of the sloping channel with the formation of an ascending 1-2-3 pattern will allow the stock to rise as the dividend gap closes.

#SBER rate …

NZDUSD

The ascending H8 level pattern is truncated, the internal H4 level pattern is also truncated. A reversal wave model is likely to form. A bearish divergence has formed on Awesome Oscillator and on the bull strength indicator.

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Trading recommendations: …