Daily reviews

 
The Australian dollar pair against the US dollar traded negatively yesterday to test the support of the main bullish channel that appears in the picture, and is making new attempts to break it now, noting that the stochastic indicator is nearing the oversold areas in the sale, waiting for the …

Cisco stock continues to rise. As the price moves within the ascending channel on an upward path, after it tested the support of the killers, reaching level of 43.88.
In two cases, the price faces resistance at 46.89.
In general, the price movement above the moving averages 7-20-50 consecutive bug, …

 The single currency fluctuated the euro in a narrow range tilted upward to witness its bounce for the second session in four sessions from the lowest since June 4 against the US dollar on the threshold of developments and economic data expected today by the economies of the euro area …

Gold prices fluctuated in a narrow range tilted towards the decline during the Asian session, while neglecting the negative stability of the US dollar index, according to the inverse relationship between them on the cusp of developments and economic data expected on Wednesday by the US economy, which includes the …

The US dollar fluctuated in a narrow range slanting toward a decline during the Asian session, to witness its bounce for the sixth session in nine sessions from the top since March 26 against the Japanese yen, following the developments and economic data that it had reported on the Japanese …

JNJ

The general trend is upward. Breaking through the price pivot zone of 145.50 will result in the formation of an ascending 1-2-3 pattern. Awesome Oscillator indicates a bullish divergence, and Stochastic Oscillator signals moving beyond the range of oversoldness.

Trading recommendations:

Buy above 145.50.

Stop loss: 139.50

Target levels: …

GBPUSD

The general trend is upward. The descending М30 pattern is truncated and is probably the wave  (В Н1) of the ascending H1 level pattern. Awesome Oscillator indicates Bullish divergence, and Stochastic Oscillator signals oversoldness. Breaking 50% Fibo will result in the ascending M5 level pattern in frame of the …

EURUSD

The pair is consolidating in the range of 1.1235 amid the investor’s expectations for the new statistics released on US and EU economics. Also positive expectations are yet contained by  the negative IMF's forecast on the world economy growth. There is a possibility for further consolidation. 

Technical side: 

The …