Daily reviews

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

Gold prices fluctuated in a narrow range tilted to the upside during the Asian session amid the negative stability of the US dollar index according to the inverse relationship between them after the disclosure of the minutes of the Reserve Bank of Australia meeting and the decisions and directions of …

The US dollar fluctuated in a narrow range tilted to the upside during the Asian session to witness its bounce to the fourth session from the lowest since May 11 against the Japanese yen following the decisions and directions of the Japanese central bank and on the threshold of the …

USDJPY

The medium-term trend is downward. The pair is trading in the rage of 365 and 135 moving averages directed downwardly. The ascending H1 level pattern has been formed, that can be a wave (B) of a descending H4 level pattern. Awesome Oscillator indicates a Bearish divergence, and Stochastic Oscillator …

#ROSNEFT

The support level at 359.50 held back sellers. Breaking through the price pivot zone of 369.10 will let the 1-2-3 ascending pattern to be formed. Stochastic Oscillator signals oversoldness. 

Trading recommendations: 

Buy after the price pivot zone 369.10 is broken. 

Stop loss: under the support level at 359.50. 

Target …

The pair price is correcting down amid the US Fed’s decision on Monday to expand its support of the national economy. It is one more important reason for the weaker US dollar. Also, the pair may go down if oil prices don’t turn down. 

Technical side:

The price is under …

The correction on global markets supported by anticipation of the second COVID-19 wave, as well as slower growth forecast for the US economy, exerts pressure on higher-yield currencies including Australian dollar. Such sentiments will result in the pair’s decline.

Technical side:

The price is under the middle Bollinger band, SМА …

#NESN

There has been a price correction on stock market. The descending H1 level patter has formed. The moving averages of Stochastic Oscillator are in the oversold zone. Buy only when the descending wave pattern is over and the ascending wave is formed. 

#NESN rate online: monitor the movement of …

The overall trend is upward. The currency pair is trading in the range of the round important level 0.6394 and in the range of 365 and 135 moving averages. The descending H2 level pattern is truncated. A bullish divergence has formed on Awesome Oscillator.

Trading recommendations:

Buy above 0.6456.

A …

The Australian dollar fell during the Asian session to witness its bounce for the second session from the top since July 19, when it tested the highest for it since April 24, 2019, against the US dollar after the developments and economic data that it had reported on the Australian …