Daily reviews

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, …

Thursday, October 1st, today’s news—new eurozone data shows a recovery of growth in the manufacturing sector in Germany and France. This fueled the rise in the European markets, another factor is the Wall Street rally caused by the hopes of a fiscal stimulus deal in Q4, dollar is weaker as …

The Australian dollar fluctuated in a narrow range slanting to an upward trend during the Asian session, to witness its retracement to the fifth session from its lowest since July 20 against the US dollar following the developments and economic data that they followed on the Australian economy and on …

Futures contracts for gold prices fluctuated in a narrow range tending to rise during the Asian session, to witness a rebound to the fourth in six sessions from the lowest since July 22, amid the bounce of the US dollar index to the fifth session from its highest since the …

The US dollar fluctuated in a narrow range that tends to rise during the Asian session, to witness its rebound to the seventh session in nine sessions from its lowest since March 12 against the Japanese yen, following the developments and economic data that they followed on the Japanese economy …

#GAZPROM

The support level of 169.70 is holding back sellers. Awesome Oscillator indicates a Bullish divergence. Stochastic Oscillator signals an oversold condition.

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

Trading recommendations:

Buy when an ascending pattern 1-2-3 is formed, where wave 1 breaks through the inclined channel …

EURUSD

The currency pair is trading in the range of 365 and 135 moving averages directed down. An extended bearish divergence is forming. An ascending truncated pattern has formed on the chart.

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

Trading recommendations:

Buy when a descending wave …

USDCAD

The pair is declining amid the rising demand for risk assets, which puts pressure on the US dollar, the release of Canadian GDP, and the rising crude oil prices.

Technical side:

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

Wednesday, September 30th, today’s news—Chinese PMI rose in September, Asian and Pacific markets are mixed. American and European markets fall following the presidential debates in the US, the dollar is stronger. The price of Brent oil is $41.06, WTI—$38.92, EUR/USD is at 1.1701, GBP/USD—1.2828, gold is $1,888.75 per ounce.