Daily reviews

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 …

The single currency, the euro, fluctuated in a narrow range that tends to decline during the Asian session, to witness its rebound for the sixth session in a row from its highest since the second of May 2018 against the US dollar on the cusp of economic developments and data …

Gazprom settled below the support level 186.00, as it continues to move within the descending channel that appears on the chart.

The price is now moving below the 20-50 averages that form resistance levels and pressurize it to decline.

While we have major resistance at 202.70 and major support at …

Futures contracts for gold prices fluctuated in a narrow range that tends to decline during the Asian session, to witness its retracement of the fifth session from its high since August 19, amid the rebound of the US dollar index for the sixth session in a row from its lowest …

The US dollar fluctuated in a narrow range, tilted towards a decline during the Asian session against the Japanese yen, following the developments and economic data that were followed by the Japanese economy and on the cusp of economic developments and data expected today, Tuesday, by the US economy, the …

NZDUSD

The pair is trading lower as indicators point to a slowdown in China’s business activity amid the ongoing China–US trade conflict. This situation may have a long-term negative impact on the pair.

Technical side:

The price is located below the middle Bollinger band, below SMA 5 and SMA 14. …

AUDUSD

The overall trend is upward. The currency pair is trading in the range of 365 and 135 moving averages. A bullish divergence has formed on Awesome Oscillator. A breakout of 0.7300 will result in the formation of an H1 level ascending pattern within the overall uptrend.

AUDUSD rate online: …

#HYDR

The 0.7150 support level is holding back sellers. The stock is trading in the range of 365 and 135 moving averages directed upwards. Stochastic Oscillator indicates an oversold condition. The Wedge pattern has formed.

Trading recommendations:

Buy when an ascending pattern 1-2-3 is formed.

Stop Loss under the support …

Monday, September 7th, today’s news—European markets recover after the last week's losses, Thursday's ECB meeting in focus. Gold is up on the negative US jobs data, the dollar is rising, Saudi Arabia cuts oil prices amid the weak demand in Asia. The price of Brent oil is $42.02, WTI—$39.14. EUR/USD …