Daily reviews

Friday, August 28th, today’s news—France's GDP has contracted by a record 13.8% in Q2. The Fed shifts its inflation target to "average", the news has triggered growth in the European and American markets, Dow is up 200 points. The price of Brent oil is $45.47, WTI—$42.88. EUR/USD is at 1.1906, …

The euro rose against most of the major currencies during trading on Friday, in light of the weakness of the US currency and buying momentum, with expectations indicating that the European single currency is heading towards further rise.

Yesterday, economic data showed that the US GDP contracted by 31.7% in …

Gold prices rose during Friday's trading in the morning trading in the Asian period, after markets absorbed the statements of Federal Reserve Chairman "Jerome Powell" and the dollar's decline against most of the major currencies.

In his speech on the sidelines of the "Jackson Hole" forum, Powell said that the …

The dollar fell against the Japanese yen during trading on Friday, giving up its highest level in two weeks, which is recorded earlier in trading.

The US currency had received support from the recovery of Treasury yields following the Federal Reserve’s decision to adopt a new policy to support the …

The Australian dollar against the US dollar confirmed the breach of 0.7243 after closing the daily candlestick above it, and starts today with an additional bullish tendency to move away from this level, which leads the price to restore the main bullish trend, approaching the first positive target of 0.7300, …

#ADS

The overall trend is upward. The stock is trading in the range of 365 and 135 moving averages. Awesome Oscillator indicates a bullish divergence, and the descending pattern is currently truncated.

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

Trading recommendations:

Buy when an ascending wave …

GBPNZD

The overall trend is upward. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator indicates an oversold condition.

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

Trading recommendations:

Buy after an ascending wave pattern is formed, where the wave (aC) breaks through the inclined …

USDCAD

The pair remains in a short-term downtrend amid the global fundamental weakness of the US dollar, which only increased after the Fed’s head Jerome Powell announced 2% as the new inflation target. The pair will continue to decline in the short term due to this factor and the uptrend …

Thursday, August 27th, today’s news—China's industrial profits growth rate is back to mid-2018 figures. New Zealand's stock exchange to remain closed today due to recent cyberattacks, European and American markets are lower ahead of Jerome Powell's speech as he's expected to announce a new monetary policy. The price of Brent …

Cisco share continues moving around the support level of 42.14 after the bearish price gap that was previously formed. Where the stock fell very strongly and surpassed several support levels.

Trading stabilized below the moving averages, which supports expectations for further decline in the upcoming sessions, provided that the stability …