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EURUSD technical analysis 08.11.2019

08.11.2019

Market Review

The pair continues to form the double top reversal pattern. The prospect of stronger USD due to the divergence of monetary policies between the Fed and the ECB will exert a short-term pressure on the pair.

The price is below the middle Bollinger band, at SMA 5, but below SMA …

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Trading ideas for Boeing Co. (NYSE) 08.

08.11.2019

Market Review

The stock is trading in the upper limit range of the descending price channel. The pivot zone of 362.0 held back buyers, and Stochastic Oscillator indicator signals oversoldness. A start fractal has formed below the 135 moving average from the upper border of the price channel.

Trading recommendations:

Sell at …

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GBPCHF Analysis 08.11.2019

08.11.2019

Market Review

The currency pair has been trading in a narrow flat range for a long time. The round secondary level of 1.2820 was insurmountable for bulls, and the round important level of 1.2700 is a deterrent for bears. A bearish divergence appeared on Awesome Oscillator.

 

Trading recommendations:

Sell below the important …

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Important support and resistance levels 07.11.2019

07.11.2019

Market Review

USDCAD (07.11.2019)

Time frame

Trend

Call levels

Put levels

Xpir time

Н1

bullish

1.3050; 1.3076; 1.3100; 1.3133; 1.3180; 1.3197.

1.3197; 1.3133; 1.3100; 1.3076.

1-3 TF

Time of publication of important economic news

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USDCHF (07.11.2019)

Time frame

Trend

Call levels

Put levels

Xpir time

Н1

bullish

0.9843; 0.9895; 0.9915; 0.9940; …

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AUDUSD Analysis 07.11.2019

07.11.2019

Market Review

The overall trend of the currency pair is upward. Now the pair is trading in the range of 365 and 135 moving averages. A bullish divergence has formed on Awesome Oscillator indicator, and Stochastic Oscillator indicator signals oversoldness.

Trading recommendations:

Buy while the rising pattern 123 is forming, strictly after …

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Trading ideas for Siemens AG (XETRA) 07.11.2019

07.11.2019

Market Review

The resistance level of 108.50 holds back buyers. A pin bar reversal pattern formed on the H4 timeframe. Bearish divergence has formed on Awesome Oscillator indicator, while Stochastic Oscillator indicator signals oversoldness. The nearest support level is 107.30.

Trading recommendations:

Sell Below 107.30.

Stop Loss – 109.15.

Target levels-105.60; 103.20; …

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EURUSD technical analysis 07.11.2019

07.11.2019

Market Review

The pair has formed a double top reversal pattern, which continues it’s formation. The Fed may stop cutting rates, and this will put pressure on the pair.

The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is located on the oversold zone line and …

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JPY Analysis 07.11.2019

07.11.2019

Market Review

The US dollar fell during the Asian session to witness a rebound for the third session from its highest since October 30, when it tested the highest since early August against the Japanese yen amid the lack of economic data by the Japanese economy and on the eve of developments …

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Gold Analysis 07.11.2019

07.11.2019

Market Review

Gold futures fluctuated in a narrow range upward during the Asian session to witness the rebound to the third session of the lowest since October 16, ignoring the rise of the US dollar index to its highest since 17 of the same month according to the inverse relationship between them …

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EUR Analysis 07.11.2019

07.11.2019

Market Review

The single currency fluctuated in a narrow range against the dollar during the Asian session to witness its bounce for the sixth session since its highest since October 21, when it tested the highest since August 14 against the dollar on the eve of developments and economic data expected on …

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