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The Australian dollar fluctuated in a narrow range tilted toward the backdrop during the Asian session, to witness its bounce for the second session from the top since June 10, when it tested its highest since July 19, 2019, against the US dollar, following the developments and economic data that …

We do not have anything new on Cisco stock movement, as the stock continues to provide noticeable positive trades to settle in trading around the moving average 20, which supports expectations of achieving more gains during the upcoming sessions, provided the stability above the average 20, which constitutes a level …

The single currency fluctuated the euro in a narrow range slanting back down during the Asian session to witness its bounce for the second session from the top since March 10 against the US dollar, on the cusp of developments and economic data expected today by the economies of the …

Gold Analysis 16-07-2020

Gold price futures fluctuated in a narrow range tilted backward to witness their bounce for the third session in seven sessions from the highest since September 19, 2011, amid the US dollar index rebounded for the second session from the lowest since June 10, when it tested …

USDCHF

The overall trend is downward. The ascending H1 level pattern is currently truncated. Awesome Oscillator shows a bearish divergence, while Stochastic Oscillator indicates an overbought condition.

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

Trading recommendations:

Sell when a descending wave pattern is formed, where the …

EURUSD

The pair is trading below the 1.1415 ahead the ECB's monetary policy decision, to be made today. The central bank is expected to leave interest rates and the monetary policy unchanged, which will stimulate the demand for risk assets and the euro amid the hopeful outlook for the recovery …

#ROSNEFT

The inclined channel of the descending pattern is broken by the formation of the assumed wave 1 of 1-2-3 pattern. A breakout of the price pivot zone of 363.00 will result in the formation of ascending pattern 1-2-3. Stochastic Oscillator indicates an oversold condition, and Awesome Oscillator shows a …