Daily reviews

USDCAD

The pair remains in a short-term downtrend. The fundamental weakness of the US dollar, as well as a local increase in crude oil prices within a narrow flat range, may put pressure on the pair.

Technical side:

The price is below the middle Bollinger indicator, at SMA 5 and …

GBPCAD

The overall trend is upward. The price pivot zone of 1.7225 is holding back sellers. Awesome Oscillator indicates a bullish divergence. 

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

Trading recommendations:

Buy when an ascending wave pattern is formed, where the wave (A) breaks through the …

#BYD (HKEX)

The overall trend is upward. The support level of 71.00 is holding back sellers. Stochastic Oscillator indicates an oversold condition. A start fractal has formed above the 135 moving average, followed by a signal fractal. A breakout ofthe start fractal will result in the formation of an ascending …

The Australian dollar fluctuated in a narrow range that tends to rise during the Asian session, to witness its rebound to the second session from its lowest since the fourth of August against the US dollar, following the developments and economic data that they followed on the Australian economy and …

We have nothing new to the movement of Cisco's stock, as the stock continues to provide noticeable positive trades to settle above the moving averages, which supports expectations of achieving more gains during the upcoming sessions, provided that the 20 average is stable, which forms a support level for the …

The single currency, the euro, fluctuated in a narrow, rising range during the Asian session, to witness its rebound for the second consecutive session from the lowest since the third of August against the US dollar on the cusp of economic developments and data expected today, Thursday, by the economies …

Gold futures rose during the Asian session, to witness their rebound for the second session from the lowest since July 23, amid the rebound of the US dollar index for the second session from its highest since the third of August according to the inverse relationship between them on the …

#FME
The overall trend is upward. The 72.00 support level is holding back sellers. Awesome Oscillator indicates a bullish divergence, while Stochastic Oscillator indicates an oversold condition. A breakout of 74.48 will result in the formation of an ascending pattern of 1-2-3.

Trading recommendations:

Buy above 74.48.

Stop Loss: 72.00. …

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 July 23 against the Japanese yen following the developments and economic data that they followed on the Japanese economy and on the …

USDJPY

The pair is supported as Treasury yields rise, as well as due to the uncertainty around Donald Trump’s stimulus checks, which are bombarded by his political opponents from the Democratic Party. If these two factors remain in effect, the pair will move higher.

Technical picture:
The price is above …