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EURUSD analysis

04.05.2021

Technical reviews

The single currency, the euro, fluctuated in a narrow range that tends to decline during the Asian session, to witness its retracement for the third consecutive session from its highest since February 26 against the US dollar on the cusp of economic developments and data expected today, Monday by the …

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Google stock analysis

04.05.2021

Technical reviews

 

 

Google's stock was able to rise and breach the resistance level, thus confirming the bullish path and continuing to rise

The moving averages support the upward movement of the stock which is moving below the price, as the 50 average moves near the support level of 2120.00 and …

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04.05. Fresh trading analysis: markets are mixed, earnings and economic data in focus

04.05.2021

Technical reviews

Tuesday, May 4th, today’s news—European markets are mixed as India COVID-19 surge raises concerns, while economic recovery prospects support optimism, mining and travel stocks lead. Oil prices rise, dollar is up amid a surprise slowdown in manufacturing growth, gold is down. The price of Brent oil is $68.25, WTI—$65.15, EUR/USD is at …

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GOLD Spot technical analysis

04.05.2021

Technical reviews

GOLD Spot

 

The price of gold remains in the range of 1762.00–1797.00. Generally, positive market sentiment and the absence of a strong increase in Treasury yields will support local demand for gold.

Technical side:

The price is above the middle Bollinger band, below SMA 5, but above SMA 14. …

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Trading Idea for CME Group Inc. (NASDAQ)

04.05.2021

Technical reviews

#CME

The overall trend is upward. The stock is trading in the range of 365 and 135 moving averages. A start fractal has formed above the 135 EMA. A breakout of the start fractal will result in the formation of an ascending pattern of 1-2-3. Awesome Oscillator shows a bullish …

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AUDNZD analysis

04.05.2021

Technical reviews

AUDNZD

The overall trend is downward. The ascending wave H1 level pattern is truncated, A bearish divergence has formed on Awesome Oscillator, and Stochastic Oscillator indicates an overbought condition.

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

Trading idea:

Sell when a descending wave pattern is formed, …

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30.04. Fresh trading analysis: French economic growth, strong earnings

30.04.2021

Technical reviews

Friday, April 30th, today’s news—France's economy grew 0.4% in Q1, beating expectations. Companies post strong earnings, Amazon's year-on-year sales rose to $108 billion, however, the global markets retreat, China's factory activity slowed down, dollar weakens. The price of Brent oil is $67.61, WTI—$64.44, EUR/USD is at 1.2099, GBP/USD—1.3916, gold is $1,771.00 per …

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Gold analysis

30.04.2021

Technical reviews

Futures contracts for gold prices fluctuated in a narrow range that tends to decline during the Asian session, to witness its rebound to the sixth session in eight sessions from its highest since February 25, amid the US dollar index rebounding for the second consecutive session from its lowest since …

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AUDUSD analysis

30.04.2021

Technical reviews

The Australian dollar fluctuated in a narrow range sloping towards an upward trend during the Asian session to prepare for its fourth consecutive weekly gains and monthly gains against the US dollar after the economic developments and data they followed on the Australian economy and on the cusp of economic …

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CADCHF analysis

30.04.2021

Technical reviews

CADCHF

A bearish divergence has formed on Awesome Oscillator, and the moving averages of Stochastic Oscillator are in the overbought range. Probably, the upward movement is a wave (B) of the descending wave side of the D1 level. The inclined channel of the ascending wave pattern is broken.

CADCHF rate …

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