Daily reviews

#AXP

The overall trend is upward. The 98.00 support level is holding back sellers. A descending truncated pattern of the H1 level has formed. Awesome Oscillator indicator shows a bullish divergence, while Stochastic Oscillator indicator signals oversoldness. 

Trading recommendations:

Buy while an ascending wave pattern is forming, where the wave …

EURUSD

The pair receives support amid the rising demand for risky assets after a statement by Donald Trump’s trade adviser Peter Navarro, who said on Tuesday that the US is not ending trade relations with China. This positive signal can be supported by the pair along with the data on …

USDSEK

The currency pair is trading in the upper line of the descending price channel. A bearish divergence has formed on Awesome Oscillator indicator, and Stochastic Oscillator indicator signals overboughtness. A breakout of 9.3430 will result in the formation of a descending wave pattern within the overall downtrend.

Trading recommendations: …

The Australian dollar rose during the Asian session to witness its bounce for the second session from the lowest since 15 June, when it tested the lowest since the second of this month against the US dollar after the developments and economic data that it had reported on the Australian …

The single currency fluctuated the euro in a narrow range slashing up during the Asian session to witness its bounce for the second consecutive session from the lowest since June 3 against the US dollar on the cusp of developments and economic data expected today by the economies of the …

The Gazprom share continues to move within the bullish channel, as the price has reached the minimum channel at the support area, which is represented by the EMA50 in addition to the lower channel line.

The price is now moving above the 50 average and below the 20 average which …

Gold prices fluctuated in a narrow range tilted towards the decline during the Asian session to witness its bounce for the second session from the top since April 14, when it tested the highest for it since October 9, 2012 amid the rise of the US dollar index according to …

The US dollar fluctuated in a narrow range tilted to the upside during the Asian session against the Japanese yen after the developments and economic data that it followed from the Japanese economy and on the cusp of developments and economic data expected on Tuesday by the US economy, the …