Daily reviews

#MMM

The price strayed from the lower border of the ascending price channel. Awesome Oscillator indicates a bullish divergence, while the moving averages of Stochastic Oscillator are directed outwards from the oversold zone. A breakout of 164.10 will result in the formation of an ascending 1-2-3 pattern within the ascending …

USDJPY

The overall trend is downward. The ascending H4 level pattern is truncated and ended with the breakout of an inclined channel. Awesome Oscillator indicates a bearish divergence. A breakout of 105.33 will result in the formation of a descending wave pattern within the general downtrend.

USDJPY rate online: …

Monday, September 28th, today’s news—European markets rise with the banking sector on the positive data from China. Oil falls amid the second wave of coronavirus, American markets rise, while the dollar is weaker ahead of the first US presidential debates. The price of Brent oil is $42.02, WTI—$39.84, EUR/USD is …

Aeroflot confirmed the breach of the support 78.50 and started the downside move towards the 68.30 level, after it managed to breach the support level 82.00 before that.

The price is moving below the moving averages 507-20- which move in a bearish order above the price near the 78.50 resistance …

The Australian dollar rose during the Asian session, to witness its rebound to the second session from its lowest since July 20 against the US dollar amid scarcity of economic data at the beginning of this week by the Australian economy and its US counterpart, the largest economy in the …

Futures contracts for gold prices fluctuated in a narrow range that tends to rise during the Asian session, to witness its retracement of the second session in three sessions from its lowest since July 22, amid the decline of the US dollar index for the second session from its highest …

The US dollar fluctuated in a narrow range that tends to decline during the Asian session, to witness its retracement of the second session from its high since September 15 against the Japanese yen amid scarcity of economic data at the beginning of this week by the Japanese economy and …

EURUSD

The pair may receive support today as the sentiment in the global markets improves, and riskier assets are in demand.

Technical side:

The price is below the middle Bollinger band, above SMA 5, but below SMA 14. RSI is above the oversold zone and is growing. Stoch are turning …

EURCAD

The overall trend is upward. The descending H2 level construction is truncated, and a bullish divergence has formed. The internal H1 level pattern is also truncated with the bullish divergence. Stochastic Oscillator signals an oversold condition. A reversal wave model is likely to form.

EURCAD rate online: monitor the …

#ABT

The overall trend is upward. The round important level of 100 deters sellers. Awesome Oscillator indicates a bullish divergence, while Stochastic Oscillator signals an oversold condition. The stock is trading in the range of 365 and 135 moving averages.

Trading recommendations:

Buy when an ascending wave pattern is formed, …