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EURAUD analysis 20.03.2020

The overall trend is upward. The downward truncated H1 level pattern tested the range of 365 and 135 moving averages. Stochastic Oscillator signals oversoldness.

Trading recommendations:

Buy strictly on the current uptrend while an ascending wave pattern is forming, where the wave (as) breaks through the inclined channel of the …

USDCAD technical analysis 20.03.2020

The pair is declining amid lower market tensions, large-scale stimulus measures from central banks, weaker dollar and rising oil prices.

The price is testing the middle Bollinger band, below SMA 5 and SMA 14. Moving Averages are intersecting, suggesting to sell. RSI is declining. Stoch have entered the oversold zone. …

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