Daily reviews

EURUSD

The ascending pattern is truncated. The resistance level of 1.1915 is holding back buyers. Awesome Oscillator shows a bearish divergence, while the moving averages of Stochastic Oscillator have left the overbought zone.

EURUSD rate online: monitor the pair movement in real time.

Trading recommendations:

Sell when a descending wave …

EURUSD

The pair remains in the range of 1.1815–1.1900 due to the conflicting forces that prevent its further growth or drop. The pair will likely rise as the market sentiment improves.

Technical side:

The price is above the middle line of the Bollinger indicator, above SMA 5 and SMA 14. …

Tuesday, November 24th, today’s news—Donald Trump has officially initiated the transition to the new administration. Global markets reacted with growth, oil is up, gold continues to decline on vaccine optimism. The price of Brent oil is $46.25, WTI—$43.36, EUR/USD is at 1.1876, GBP/USD—1.3371, gold is $1,825.35 per ounce.

The single currency, the euro, fluctuated in a narrow, upward sloping range during the Asian session, to witness its rebound to the tenth session in fourteen sessions from the lowest since July 24 against the US dollar on the cusp of developments and economic data expected today, Tuesday, by the …

The Australian dollar fluctuated in a narrow range sloping upwards during the Asian session, to witness its rebound to the eleventh session in seventeen sessions from its lowest since July 20 against the US dollar after Assistant Reserve Bank of Australia Governor in charge of the Risk Management Committee, Jay …

Gazprom share continues to rise and reached the resistance level 184.75 after confirming the bullish path, after breaching the resistance 180.70 and closing above it. And also after exiting the descending channel in which it was moving.

The price is moving above all the moving averages, which is a positive …

#MSFT

The overall trend is upward. The stock is trading in the range of 365 and 135 moving averages. The descending pattern of the H1 level is truncated. A bullish divergence has formed on Awesome Oscillator, while Stochastic Oscillator r signals oversold conditions. The price pivot zone of 208.09 holds …

GBPUSD

The pair is trading above 1.3310 amid the renewed Brexit negotiations and the growing demand for risk assets, which weakens the US dollar.

Technical side:

The price is located above the middle Bollinger band, above SMA 5 and SMA 14. RSI is under the overbought zone and is growing …

GBPNZD

The currency pair is trading in the range of a descending price channel. At the same time, the support level of 1.9074 holds back sellers, Awesome Oscillator shows a bullish divergence, and the moving averages of Stochastic Oscillator showed an exit from the oversold zone and are directed upwards. …

Monday, November 23rd, today’s news—service sector PMI in Germany is weaker than October's, lockdown may be extended into the next month as coronavirus cases rise. Vaccine hopes dominate the global markets: stocks of European and Asian companies rise, Dow is up 200 points, oil is rising, gold is falling, the …