Daily reviews

Friday, September 18th, today’s news—the world's total number of the new coronavirus cases hits 30 million, new pandemic spikes caused pessimism in the European markets. The American markets are mixed, the dollar is weaker following the release of negative employment and housing data, oil prices are up after the Saudi …

The Australian dollar fluctuated in a narrow range sloping towards an upward trend during the Asian session to promise its first weekly gains in three weeks against the US dollar amid scarce economic data in the last sessions of this week by the Australian economy and on the cusp of …

The single currency, the euro, fluctuated in a narrow range sloping to an upside during the Asian session, to witness its rebound for the second consecutive session from the lowest since August 12 against the US dollar on the cusp of economic developments and data expected on Friday by the …

Futures contracts for gold prices fluctuated in a narrow range that tends to rise during the Asian session, overlooking the resumption of the US dollar index rebound from its lowest since late April of 2018 for the tenth session in fourteen sessions according to the inverse relationship between them on …

The US dollar fluctuated in a narrow range that tends to rise during the Asian session, to witness its retracement of the second session from its lowest since late July, when it tested its lowest since March 12 against the Japanese yen following the developments and economic data that they …

Arrow returns to the upside move, as the price is testing the resistance 340.85 after testing the support level of 330.70 to the downside, and it reached the support level near the 50 SMA. Which is moving near the major support at 330.50.

The stochastic indicator approached the overbought zone, …

GBPCHF

The currency pair is trading in the range of 365 and 135 moving averages directed down. A start fractal has formed below the 135 EMA. Awesome Oscillator indicates a bullish divergence, while Stochastic Oscillator moving averages are directed down from the overbought zone.

GBPCHF rate online: monitor the …

EURUSD

The pair remains in a narrow range of 1.1750–1.1915. The pair is supported by the positive German PPI release.

Technical side:

The price is above the middle Bollinger band, above SMA 5 and SMA 14. Moving Averages intersect and suggest buying. RSI is above the 50% level and growing. …

#CBK

The overall trend is upward. The stock is trading in the range of the lower border of the ascending price channel. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator indicates an oversold condition.

Trading recommendations:

Buy when a 1-2-3 ascending pattern is formed, where wave 1 breaks through …

Thursday, September 17th, today’s news—eurozone banks get 73 billion euros in pandemic relief from the ECB. The Fed plans no rate hikes until 2023, the news sent the American and European markets falling, the dollar is stronger. The price of Brent oil is $42.11, WTI—$40.02. EUR/USD is at 1.1795 GBP/USD—1.2972, …