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Wednesday, August 19th, today’s news—S&P 500, an index that includes stocks of large American companies, hit a new all-time high, trading closed at 3,389.78. Asian and European markets are behind, US Treasury yields and the dollar weaken ahead of the Fed's meeting minutes. The price of Brent oil is $45.08, …

EURUSD

The pair broke out of the range above 1.1900 on positive US economic data, which is currently playing against the dollar, boosting the demand for risk assets and sell-offs of the US Treasury bonds.

Technical side:

The price is above the middle Bollinger band, below SMA 5, but above …

AUDCHF

The currency pair is trading at the upper bound of the descending price channel. An ascending truncated H2 level pattern has formed. Awesome Oscillator indicates a bearish divergence, while Stochastic Oscillator indicates an overbought condition.

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

Trading recommendations:

Sell …

#BYD (HKEX)

The overall trend is upward. A false breakout of the support level of 70.30 has formed, after which a hammer (a reversal candlestick pattern) has formed. Awesome Oscillator indicates a bullish divergence, while Stochastic Oscillator has been indicating an oversold condition for a long time.

Trading recommendations:

Buy …

The Australian dollar against the US dollar is fluctuating around the level of 0.7243 and is trying to breach it, to keep the bullish trend scenario valid and effective during the upcoming sessions, supported by the moving average 50, which continues to carry the price from below, waiting to head …

The single currency, the euro, fluctuated in a narrow range slanting to an upside during the Asian session, to witness against the US dollar amid scarce economic data from the eurozone economies and ahead of the developments and economic data expected on Wednesday by the US economy, the largest economy …

Futures contracts for gold prices fluctuated in a narrow range that tends to decline during the Asian session, to witness its rebound to the fifth session in nine sessions from its highest ever, with the US dollar index rebounding for the second session from its lowest since late April 2018 …

The US dollar fluctuated in a narrow range slanting to an upside during the Asian session, to witness its rebound from its lowest since late July, when it tested its lowest since March 12 against the Japanese yen after developments and economic data that we followed on the Japanese economy …

Sber Bank stock continues moving within the ascending channel, where it managed to breach the resistance (233.10) as we can see in the chart, and settled above it, after it broke the previous resistance 215.70 and confirmed its break.

The current price action is between the support level 233.10 and …

#ITX (BM)

The overall trend is upward. A false breakout of the support level of 70.30 has formed, after which a hammer (a reversal candlestick pattern) has formed. Awesome Oscillator indicates a bullish divergence, while Stochastic Oscillator has been indicating an oversold condition for a long time.

Trading recommendations:

Buy …