Daily reviews

#GAZPROM

The inclined channel of the descending pattern is broken. Awesome Oscillator shows a bullish divergence. Stochastic Oscillator indicates an oversold condition. A breakout of the price pivot zone of 170.0 will result in the formation of an ascending pattern of 1-2-3.

#GAZPROM rate online: monitor the price movement in …

USDCAD

The overall trend is upward. The currency pair is trading in the range of 365 and 135 moving averages. The descending H2 level pattern is currently truncated, a "double bottom" pattern is forming, an extended bullish divergence is also forming on Awesome Oscillator.

Technical side:
The price is below …

Friday, October 2nd, today’s news—the president of the US Donald Trump tests positive for the coronavirus. European and American markets reacted with a decline, oil prices and Treasury yields dropped, while the dollar and the yen are up as risk appetite slips, gold prices also rise. The price of Brent …

The Australian dollar fluctuated in a narrow range that tends to decline during the Asian session, to witness its retracement of the second session from its lowest since September 22 against the US dollar after the developments and economic data that they followed on the Australian economy and on the …

Gold futures contracts fell by nearly 1 percent during the Asian session amid the US dollar index rebounding for the second session from its lowest since September 22, according to the inverse relationship between them on the cusp of developments and economic data expected today, Friday, by the US economy, …

The US dollar fell during the Asian session, to witness its rebound for the second session in three sessions from its highest since September 15 against the Japanese yen, following the developments and economic data that they followed on the Japanese economy and on the cusp of economic developments and …

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

The stochastic oscillator is on a downward path, …

#VOW3

The support level of 131.80 is holding back sellers. The descending pattern is truncated. Awesome Oscillator indicates a bullish divergence.

Trading recommendations:

Buy when an ascending wave pattern is formed, where the wave (a) breaks through the inclined channel of the descending truncated pattern.

Stop Loss at the local …

GBPUSD

The currency pair is trading in the range of 365 and 135 moving averages. The inclined channel of the ascending truncated pattern is broken. Presumably, a descending wave pattern is being formed within the general downtrend.

GBPUSD rate online:  monitor the price movement.

Trading recommendations:

Sell on the breakout …

EURUSD

The pair is consolidating in a narrow range of 1.1700–1.1750 ahead of the new US employment data. If the numbers are higher than expected, then the pair will go up amid the rising demand for risk assets following a period of warm-up and decline. If the numbers are low, …