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NZDUSD analysis 07.04.2020

 

The overall trend is downward. Stochastic Oscillator indicator signals overboughtness. The ascending H1 level pattern is presumably a wave (B) of the descending H4 level pattern.

Trading recommendations:

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

AUDUSD analysis 06.04.2020

The Australian dollar fluctuated 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 26 against the US dollar, following the developments and economic data that we followed earlier this week on the Australian economy …

EURUSD analysis 06.04.2020

The single currency fluctuated the euro in a narrow range tilted to the upside during the Asian session to witness its bounce to the second session from the lowest since March 25 against the US dollar on the threshold of developments and economic data expected today by the economies of …

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