Daily reviews

The Australian dollar against the US dollar provided slight positive trades yesterday to move above SMA 50, noting that the stochastic indicator lost its positive momentum to show clear overbought signs, which supports the chances of resuming the expected bearish trend for the coming period, which targets initially visiting the …

The euro fell against most major currencies, especially the dollar, during trading today, Wednesday, after the easing of trade tensions between the two largest economies in the world.

The Coronavirus crisis is still a preoccupation for world economies. Sometimes it is talked about the US Food and Drug Agency’s approval …

Gold prices rose during trading today, Wednesday, in the Asian session, after two days of recording losses, with attention shifting towards "Jackson Hole" and anticipation of the speech of the President of the Federal Reserve.

Central Bank President Jerome Powell will deliver a speech on Thursday on the sidelines of …

The Japanese Yen rose marginally against most of the major currencies, following the release of positive economic data, coinciding with pressure on the US currency.

And government data revealed that the price index of services producers in Japan rose by 1.2% last month, compared to expectations of a rise of …

Sber Bank stock fell and breached the support level of 233.84, but it continues to move within the ascending channel as seen in the chart.

The current price action is between the support level 233.10 and the resistance level 245.57 over the medium period.

While the main targets will be …

NZDUSD

The overall trend is upward. The pair is trading in the upper bound of the Ichimoku cloud. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals an oversold condition.

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

Trading recommendations:

Buy when an ascending …

USDJPY

The pair is trading higher below 106.50 against the background of the weaker dollar ahead of an expectedly important speech from the Fed’s head, Jerome Powell, to be made at the Jackson Hole symposium tomorrow. Drastic measures from the Fed aimed at supporting inflation are expected and may put …

Tuesday, August 25, today’s news—in the 2nd quarter, German GDP declined by 9.7% compared to the previous three months, this is the most significant rate of decline since the beginning of accounting for the indicator in 1970. US trade representative Robert Lighthizer and Treasury Secretary Steven Mnuchin note progress in …

The Australian dollar rose against most of the major currencies during trading today, Tuesday, in light of the continuing optimism in the markets regarding vaccines and treatments for the "Corona" virus, despite the continuing high number of infections and deaths.

This comes after the US Food and Drug Agency announced …

The euro rose marginally against most of the major currencies during trading Tuesday, in light of optimism regarding trade relations between the United States and China.

As a result of this optimism, pressure was placed on the US dollar and investors resorted to risk assets such as the stock and …