Daily reviews

The Australian dollar against the US dollar achieved a clear break to support the ascending channel that appears on the image and settled below it, leading the price to start a downside correction to the rally that started from 0.5509 areas, on its way to head towards 0.6964 as a …

The single currency, the euro, fluctuated in a narrow range sloping upward during the Asian session, to witness its rebound from its high since August 21 against the US dollar amid scarcity of economic data by the eurozone economies and on the cusp of economic developments and data expected today, …

Futures contracts for gold prices fluctuated in a narrow range that tends to decline during the Asian session, to witness its rebound to the fourth session in six sessions from its highest since August 19, overlooking the bounce of the US dollar index from its high on the 12th of …

The US dollar fluctuated in a narrow range that tends to decline during the Asian session, to witness the lowest since the beginning of September against the Japanese yen, following the developments and economic data that they followed on the Japanese economy and on the cusp of economic developments and …

Sberbank's stock breached the support level represented by the lower bound of the ascending channel within which it was moving, which appears in the chart, thus the price confirms the new bearish path. Especially after moving below the EMA 50.

The current price action takes place between the support level …

#NESN

The overall trend is upward. The descending pattern is truncated. Awesome Oscillator indicates a bullish divergence, while Stochastic Oscillator indicates an oversold condition. The support level of 107.60 is holding back sellers.

#NESN rate online: monitor the price movement in real time.

Trading recommendations:

Buy when an ascending wave …

EURUSD

The support level of 1.1756 is holding back sellers. The descending pattern is truncated. Awesome Oscillator indicates a bullish divergence, while Stochastic Oscillator indicates an oversold condition.

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

Trading recommendations:

Buy strictly when an ascending wave pattern is formed, where …

USDCAD

The pair is trading higher following the selloff in the US stock market and the rising demand for the dollar. The pair may continue to grow if the negative sentiment persists and the monetary policy decision by the Bank of Canada doesn’t create new positive factors for the CAD. …

Tuesday, September 8th, today’s news—French national statistics agency INSEE confirms its forecast of a 9% GDP drop in 2020. Germany's imports and exports data points to slow recovery, Morgan Stanley experts predict a full recovery of the global economy in the next quarter. The price of Brent oil is $41.37, …

The Australian dollar fluctuated in a narrow range that tends to rise during the Asian session, to witness its rebound to the second session in three weeks from its lowest since the 27th of last August against the US dollar, following the developments and economic data that they followed on …