Daily reviews

#JNJ

The historical level of 109.33 held back sellers. The same level was at the lower border of the rising price channel. The SP 500 index shows an upward movement today against the backdrop of the Fed's announcement of the QE launch.

Trading recommendations:

Buy at the current price (112.73). …

CADJPY 

The overall trend is downward. The currency pair is trading in the range of 365 and 135 moving averages. A start fractal (75.97) has formed below 135 EMA. Breaking through the start fractal will result in the formation of a descending H1 level pattern within the overall downward trend. …

The Australian dollar rose during the Asian session to witness its bounce to the fourth session from the lowest since October 21, 2002 against the US dollar, following the developments and economic data that were reported by the Australian economy and on the cusp of developments and economic data expected …

The Australian dollar fell during the Asian session to witness the resumption of the marches of decline, which stopped for the first time in ten sessions at the end of last week before resuming at the beginning of this week the march against the US dollar amid fears of the …

The single currency, the euro, rose during the Asian session to witness its rebound from the lowest since 21 April 2017 against the US dollar on the threshold of the disclosure of the monthly report of the German Central Bank later Monday, amid the scarcity of economic data by the …

The gold price maintains its stability below the level of 1509.00, and gets a negative signal through the stochastic indicator, while the moving average constitutes 50 negative pressure against the price, to support the chances of the continuation of the expected bearish trend scenario for the next period, which begins …

EURUSD 

The pair consolidates in the range of 1.0655–1.0775 amid the massive economic stimulus measures by the ECB and the Fed, which do not allow it to take a definitive direction.

The price is below the middle Bollinger band, above SMA 5, but below SMA 14. RSI is below the …

The US dollar fell during the Asian session to witness its rebound for the second session from its top since February 24 against the Japanese yen amid the scarcity of economic data today by the Japanese economy and its American counterpart and in light of the growing fears of an …

MTS PJSC 

The overall trend is downward. A shooting star reversal pattern has formed with a false breakout. The moving averages of Stochastic Oscillator are in the range of level 80 (overbought zone). The gap remains open.

Trading recommendations:

Sell at a breakout of 273.62.

Stop loss: 283.25.

Target levels: …

GBPCHF 

The overall trend is downward. The ascending (blue) pattern ended with the breakout of an inclined channel. Stochastic Oscillator moving averages showed an exit from the overbought zone and are directed downward.  A breakout of 1.1388 will result in the formation of a descending pattern within the overall downtrend. …