Daily reviews

EURCAD
The price pivot zone of 1.5668 holds back buyers. A bearish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals an overbought condition. The ascending H8 level pattern is currently truncated. The wave C H8 (H2 level pattern) is also truncated, a reversal wave pattern will probably form …

Monday, September 21st, today’s news—stocks of European and Asian companies are lower amid the rising COVID-19 case rate, new lockdown measures are expected. American markets and the dollar are also falling ahead of the speeches by the Fed officials this week, the oil prices are under pressure due to the …

EURUSD

The pair is trading in the range of 1.1750–1.1915. The pair may resume growth if the ECB head Christine Lagarde offers an optimistic outlook in her speech.

Technical side:

The price is above the middle Bollinger band, above SMA 5 and SMA 14. RSI is above the 50% level …

There is nothing new in the movement on Aeroflot, as the stock continues to test the 82.00 support level at the end of last week's trading, but it failed to breach this level. The stock returned to the sideways movement it was trading in during the past two weeks, as …

The Australian dollar against the US dollar maintains its stability above the support of the ascending channel that appears in the image, and we note that the stochastic indicator starts to cross positively now, waiting for the price to stimulate the resumption of the expected bullish trend for the upcoming …

The single currency, the euro, fluctuated in a narrow range that tends to rise during the Asian session, to witness its retracement to the second session in three sessions from its lowest since August 12 against the US dollar on the cusp of unveiling the monthly report of the German …

Futures contracts for gold prices fluctuated in a narrow range slanting to rise during the Asian session amid the decline of the US dollar index according to the inverse relationship between them amid scarce economic data at the beginning of this week by the US economy, the largest economy in …

The US dollar fluctuated in a narrow range tilted towards a decline during the Asian session, to witness its lowest since late July, when it tested its lowest since March 12 against the Japanese yen amid scarce economic data at the beginning of this week by the Japanese economy due …

EURUSD

The ascending pattern is currently truncated. Stochastic Oscillator indicates an overbought condition, while Awesome Oscillator shows a bearish divergence.

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

Trading recommendations:

Sell when a descending wave pattern is formed, where the wave (aC) breaks through the inclined channel …

The price pivot zone of 239.0 deters sellers. Awesome Oscillator indicates a bullish divergence, while Stochastic Oscillator signals an oversold situation. The stock is trading in the range of 365 and 135 moving averages. A breakout of 242.70 will result in the formation of an ascending 1-2-3 pattern.

Trading recommendations: …