Daily reviews

AUDJPY

The 76.16 resistance level is holding back buyers. The ascending H8 level pattern is currently truncated, while the internal H1 level pattern is also truncated. Awesome Oscillator indicates a bearish divergence, while Stochastic Oscillator (30.10.10.) signals an overbought condition.

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

USDCAD

The pair is trading below 1.3200 as the US dollar weakens, new economic data is released in Canada, and crude oil prices have been rising over the recent days.

Technical side:

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

#MSFT

The overall trend is upward. The stock is trading in the range of 365 and 135 moving averages. Awesome Oscillator indicates a bullish divergence. A breakout of 211.20 will result in the formation of an ascending wave pattern within the overall uptrend.

#MSFT rate online: monitor the price movement …

Thursday, October 8th, today’s news—France's economy recovered 16% in the Q3. European and American markets rise amid stimulus hopes in the US, Dow futures are up 150 points, dollar is weaker as the risk appetite rises. The price of Brent oil is $42.70, WTI—$40.56, EUR/USD is at 1.1764, GBP/USD—1.2957, gold …

#BA

A descending (red) pattern is truncated. Awesome Oscillator indicates a bullish divergence. A descending pattern ended with the breakout of an inclined channel. A breakout of 175.0 will result in the formation of 1-2-3 (an ascending pattern).

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

Trading recommendations: …

The Australian dollar against the US dollar is fluctuating around the moving average 50, which constitutes a good intraday resistance against the price, noting that the stochastic oscillator is now crossing negatively, which supports the chances of resuming the expected bearish trend for the upcoming period, whose next target is …

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 trading stabilized below the moving averages, which are pressuring the price for further decline, which supports expectations for further decline in the upcoming sessions, provided …

Futures contracts for gold prices fluctuated in a narrow range that tends to decline, to witness its rebound to the second session in three sessions from its highest since September 21, overlooking the bounce of the US dollar index for the seventh session in ten sessions from its high since …

USDCAD

The pair is trading above the strong support level of 1.3245 amid the rising crude oil prices and expectations of a new peacemeal stimulus package in the US, which weakens the US dollar.

Technical side:

The price is located below the middle Bollinger band, below SMA 5 and SMA …

EURUSD

The ascending M30 level pattern is currently truncated. An extended bearish divergence is likely to form (a double top pattern confirmed by a bearish divergence). Stochastic Oscillator indicates an overbought condition.

EURUSD rate online: monitor the price movement in real-time.

Trading recommendations:

Sell when a descending wave pattern is …