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EUR analysis 20.03.2020

The single currency, the euro, rose during the Asian session to witness its rebound from the lowest since 21 April 2017 against the US dollar on the threshold of developments and economic data expected today by the economies of the euro area and the US economy, the largest economy in …

AUD analysis 20.03.2020

The Australian dollar versus the US dollar pair starts trading today with a noticeable positive, to record an upward low from yesterday's low at 0.5509, which indicates the price trend to make a further upward correction during the coming period, targeting to test the level of 0.5958 again, noting that …

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 …

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