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AUDUSD analysis 19.08.2020

19.08.2020

Technical reviews

The Australian dollar against the US dollar is fluctuating around the level of 0.7243 and is trying to breach it, to keep the bullish trend scenario valid and effective during the upcoming sessions, supported by the moving average 50, which continues to carry the price from below, waiting to head …

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EURUSD analysis 19.08.2020

19.08.2020

Technical reviews

The single currency, the euro, fluctuated in a narrow range slanting to an upside during the Asian session, to witness against the US dollar amid scarce economic data from the eurozone economies and ahead of the developments and economic data expected on Wednesday by the US economy, the largest economy …

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Gold analysis 19.08.2020

19.08.2020

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 fifth session in nine sessions from its highest ever, with the US dollar index rebounding for the second session from its lowest since late April 2018 …

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USDJPY analysis 19.08.2020

19.08.2020

Technical reviews

The US dollar fluctuated in a narrow range slanting to an upside during the Asian session, to witness its rebound from its lowest since late July, when it tested its lowest since March 12 against the Japanese yen after developments and economic data that we followed on the Japanese economy …

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Sber Bank stock analysis

19.08.2020

Technical reviews

Sber Bank stock continues moving within the ascending channel, where it managed to breach the resistance (233.10) as we can see in the chart, and settled above it, after it broke the previous resistance 215.70 and confirmed its break.

The current price action is between the support level 233.10 and …

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Trading ideas for Industria de Diseno Textil (BM) 18.08.2020

18.08.2020

Technical reviews

#ITX (BM)

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 …

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AUDUSD analysis 18.08.2020

18.08.2020

Technical reviews

The Australian dollar fluctuated in a narrow, rising range during the Asian session against the US dollar, before the economic developments and data that were followed by the Australian economy and on the cusp of economic developments and data expected today, Tuesday, by the US economy, the largest economy in …

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EURUSD analysis 18.08.2020

18.08.2020

Technical reviews

The single currency, the euro, fluctuated in a narrow, upward sloping range during the Asian session, to witness its highest since the sixth of August, when it tested its highest since May 15, 2018, against the US dollar amid a scarcity of economic data by the economies of the euro …

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Gazprom analysis 18.08.2020

18.08.2020

Technical reviews

Gazprom managed to stabilize the movement above the support level of 185.80, and the price reached the upper limit of the descending channel it is moving within. It is currently declining to test support again.

The price is now moving below the 50 average, which constitutes the first level of …

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Gold analysis 18.08.2020

18.08.2020

Technical reviews

Futures contracts for gold prices fluctuated in a narrow range tending to decline during the Asian session, to witness a rebound to the fourth session in five sessions from the lowest since July 23, amid the decline of the US dollar index to its lowest since the sixth of August, …

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