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AUDUSD analysis 08.04.2020

The Australian dollar versus the US dollar shows a bearish tendency after approaching our awaited target at 0.6236 yesterday, and it may test the pivotal support 0.6097 before resuming the positive trading.

Moving average 50 meets the mentioned support to add more strength to it, while the stochastic is trying …

NZDCHF analysis 08.04.2020

 

The overall trend is downward. The ascending H4 level pattern is truncated. The inclined channel of the ascending structure is broken. A bearish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals overboughtness. A breach of 0.5765 will result in the formation of a descending pattern as part …

EURUSD analysis 07.04.2020

The single currency, the euro, rose during the Asian session to witness its rebound to the second session from the lowest since March 25 against the US dollar on the cusp of developments and economic data expected today Tuesday by the economies of the euro area, which includes the activities …

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