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GBPNZD analysis 24.11.2020

The currency pair is trading in the range of a descending price channel. At the same time, the support level of 1.9074 holds back sellers, Awesome Oscillator shows a bullish divergence, and the moving averages of Stochastic Oscillator showed an exit from the oversold zone and are directed upwards. …

23.11. Fresh trading analysis: weak data from Germany, vaccine hopes

Monday, November 23rd, today’s news—service sector PMI in Germany is weaker than October's, lockdown may be extended into the next month as coronavirus cases rise. Vaccine hopes dominate the global markets: stocks of European and Asian companies rise, Dow is up 200 points, oil is rising, gold is falling, the …

AUDUSD analysis 23.11.2020

The Australian dollar against the US dollar is crawling quietly to the upside, approaching a test of pivotal resistance at 0.7340, which represents the ascending triangle resistance whose features are shown in the image, which means that the breach of this level will form a good positive motive that supports …

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