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GOLD Spot technical analysis 03.04.2020

Gold consolidates below 1,620.00 amid the publication of the US employment data. Since the end of March, the quotes of the precious metal have been moving in the flat range of 1,570.55–1,641.00 amid the highly uncertain prospects for the global economy due to the ongoing coronavirus pandemic. Expect …

USDCHF analysis 03.04.2020

Stochastic Oscillator signals overboughtness. A bearish divergence has formed on Awesome Oscillator. Probably the ascending pattern is a wave (B) of the descending H4 level pattern.

Sell strictly while a descending wave pattern is forming, where the wave (aC) breaks through the inclined channel of the ascending pattern + …

USDJPY analysis 02.04.2020

The fluctuation of the US dollar in a narrow range tilted to the upside during the Asian session, to witness its bounce for the second session from the lowest since March 18 against the Japanese yen, following the developments and economic data that were reported by the Japanese economy and …

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