Daily reviews

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 …

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 a further decline in the upcoming sessions, provided that the …

The euro stabilized against most of the major currencies during Thursday's trading in a negative manner, in light of investor anticipation for the speech of Federal Reserve Chairman, Jerome Powell.

On the sidelines of the "Jackson Hole" forum, whose activities will start today, "Powell" will deliver a speech in which …

The Japanese Yen stabilized negatively against the US dollar in the wake of the industrial activity data, which rose less than expected.

Markets are closely watching the speech of Federal Reserve Chairman Jerome Powell in the Jackson Hole meetings to talk about the most prominent challenges facing the US economy. …

#MAGN

The overall trend is upward. The price pivot zone of 39.32 held back sellers. The descending H1 level pattern is truncated. Awesome Oscillator indicates a bullish divergence, and Stochastic Oscillator indicates an oversold condition.

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

Trading recommendations:

Buy when …

GOLD
The overall trend is upward. The descending truncated pattern ended with the breakout of an inclined channel (presumably a wave B H4). Awesome Oscillator indicates a bullish divergence, while Stochastic Oscillator indicates an oversold condition. A breakout of 1955.0 will result in the formation of an ascending wave H2 …

EURUSD

The pair is consolidating in the range of 1.1770–1.1850 ahead of Jerome Powell’s speech at Jackson Hole symposium. If he indicates that the regulator will shift its inflation targets to “average”, this may support the US dollar. However, if he doesn’t report anything new about the Fed’s monetary policy …

Wednesday, August 26th, today’s news—gold is up amid the pessimistic data from the US, consumer confidence index and unemployment fears. The dollar is stronger, oil is up following an output cut by the US, European markets await the speech from the Fed's head Jerome Powell. The price of Brent oil …

#IRAO

The stock is trading in the lower range of 365 and 135 moving averages and is testing the price pivot zone of 5.270. Stochastic Oscillator indicates an oversold condition. The price is also at the lower border of the ascending price channel.

#IRAO rate online: monitor the price movement …