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AUDUSD analysis 06.08.2020

The Australian dollar versus the US dollar is hovering around 0.7200, and we note that the stochastic indicator is getting rid of its negativity to gradually gain positive momentum, waiting for the price to stimulate the resumption of the main bullish trend, which its next target is at 0.7290.

 

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Cisco stock analysis

We have nothing new on the movement of Cisco's stock, as the stock continues to provide noticeable positive trades to stabilize trading above the moving averages, which supports expectations of achieving more gains during the upcoming sessions, provided that stability is above the 20 average, which constitutes a support level …

EURUSD analysis 06.08.2020

The single currency, the euro, fluctuated in a narrow range sloping to an upside during the Asian session, to witness its rebound to the fourth session from the lowest since July 27 against the US dollar before the developments and economic data expected today, Thursday, by the economies of the …

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