Daily reviews

The Australian dollar versus the US dollar made a noticeable negative trading yesterday, moving above the MA and stabilizing below it, which supports expectations of achieving further decline during the upcoming sessions, pending the trend towards 0.6700 which represents our next main target.

Consequently, we will continue to favor the …

Cisco shares continue to provide noticeable negative trading beyond the moving average 20 and settle below it, which supports expectations of achieving a further decline in the upcoming sessions, provided that the average breach of 50, which complaints about a support level for the price, is awaiting the direction towards …

The single currency fluctuated the euro in a narrow range tilted to the upside during the Asian session to witness its bounce back for the third session in four sessions from the lowest since June 3 against the US dollar on the cusp of developments and economic data expected today …

Gold price futures fluctuated in a narrow range that tilted higher, disregarding the dollar index rebound for the third session from the lowest since 11 June, according to the inverse relationship between them on the threshold of developments and economic data expected today Thursday by the US economy and amid …

The US dollar fluctuated in a narrow range tilted to the upside during the Asian session, to witness its rebound to the third session from the lowest since May 7 against the Japanese yen, following the developments and economic data that it had reported on the Japanese economy and on …

#AXP

The overall trend is upward. The stock continues to decline, while the downward pattern remains truncated. A bullish divergence has formed on Awesome Oscillator indicator, and Stochastic Oscillator indicator signals oversoldness. 

Trading recommendations:

Buy while an ascending wave pattern is forming, where the wave (A) breaks through the inclined …

EURCAD

The ascending pattern of the H1 level is truncated. A bearish divergence has formed on Awesome Oscillator indicator, and Stochastic Oscillator indicator signals overboughtness. Probably the ascending pattern is a wave (B) of the descending pattern of the H4 level. 

Trading recommendations:

Buy while a descending pattern is forming, …

AUDUSD

The pair continues trading in the range of 0.6800-0.6975 amid falling demand for risky assets due to the aggravation of the situation in the US around COVID-19, despite the continuation of the gradual recovery of the country's economy.

Technical side:

The price is below the middle Bollinger band, below …