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Gold analysis 21.05.2020

Gold prices fluctuated in a narrow range slanting toward decline, to witness its bounce for the second session in four sessions from its highest since April 14, when it tested the highest for it since October 5, 2012 amid a rise in the dollar index, indicating its bounce for the …

JPYUSD analysis 21.05.2020

The US dollar fluctuated in a narrow range tilted to the upside during the Asian session against the Japanese yen after the developments and economic data that it followed about the Japanese economy and on the cusp of developments and economic data expected Thursday by the US economy, the largest …

CADJPY analysis 21.05.2020

 

The support level of 77.15 holds back sellers. A pennant trend continuation pattern has formed on the chart. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversoldness.

Trading recommendations:

Buy when an ascending 1-2-3 pattern is formed, strictly on the breakout of the upper border of the …

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