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The single currency, the euro, fluctuated in a narrow range sloping upward during the Asian session, to witness the resumption of its rebound from its lowest since the third of August for the sixth in seven sessions against the US dollar on the cusp of developments and economic data expected …

Gold futures rose during the Asian session, to witness the resumption of their rebound from the lowest since July 23 for the fifth session in seven sessions, with the US dollar index resuming its rebound from the top since the third of August for the sixth session in seven sessions …

The US dollar fluctuated in a narrow range that tends to decline during the Asian session, to witness the resumption of its rebound from its high since July 23 for the fourth session in six sessions against the Japanese yen amid scarcity of economic data by the Japanese economy before …

Gold Spot

The price of gold is correcting down for two reasons. Firstly, the asset is technically overbought, secondly, there’s an increase in demand for stocks with potentially bigger profits in the future. Expect that the gold to remain under $2,000 per ounce.

Technical side:

The price is below the …

EURJPY

The overall trend is upward. A descending truncated H2 level pattern has formed. Awesome Oscillator indicates a bullish divergence. The currency pair is trading in the range of 365 and 135 moving averages.

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

Trading recommendations:

Buy when an …

#BA

The support level of 168.80 continues to hold back sellers. Awesome Oscillator indicates a bullish divergence, while Stochastic Oscillator indicates an oversold condition.

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

Trading recommendations:

Buy when an ascending wave pattern is formed.

Stop Loss under the support …

Wednesday, August 19th, today’s news—S&P 500, an index that includes stocks of large American companies, hit a new all-time high, trading closed at 3,389.78. Asian and European markets are behind, US Treasury yields and the dollar weaken ahead of the Fed's meeting minutes. The price of Brent oil is $45.08, …

EURUSD

The pair broke out of the range above 1.1900 on positive US economic data, which is currently playing against the dollar, boosting the demand for risk assets and sell-offs of the US Treasury bonds.

Technical side:

The price is above the middle Bollinger band, below SMA 5, but above …

AUDCHF

The currency pair is trading at the upper bound of the descending price channel. An ascending truncated H2 level pattern has formed. Awesome Oscillator indicates a bearish divergence, while Stochastic Oscillator indicates an overbought condition.

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

Trading recommendations:

Sell …

#BYD (HKEX)

The overall trend is upward. A false breakout of the support level of 70.30 has formed, after which a hammer (a reversal candlestick pattern) has formed. Awesome Oscillator indicates a bullish divergence, while Stochastic Oscillator has been indicating an oversold condition for a long time.

Trading recommendations:

Buy …