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Gold analysis

06.05.2021

Technical reviews

The price of gold was satisfied with touching 1770.00, to rebound to the upside and breach the resistance of the descending intraday channel, thus stopping the temporary negative scenario and leading the price to resume the main bullish trend again, paving the way for heading towards 1800.00 then 1838.00 as …

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AUDUSD analysis

06.05.2021

Technical reviews

 

 

The Australian dollar against the US dollar is showing positive trading, reaching the outskirts of the first awaited target at 0.7765, and we believe that opportunities are available to surpass this level and achieve extended positive targets that reach 0.7835 then 0.7900.

From here, we will continue suggesting …

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Trading idea for Adidas AG (XETRA)

05.05.2021

Technical reviews

#ADS

 

The overall trend is upward. The expected correction movement is in the range of the price pivot zone of 250.00. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator indicates an oversold condition.

Trading idea:

Buy when an ascending wave pattern is formed, where the wave (A) breaks …

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05.05. Fresh trading analysis: European markets are up, dollar strengthens

05.05.2021

Technical reviews

Wednesday, May 5th, today’s news—European markets rebound on positive corporate earnings, investors monitor important economic data releases. Ethereum hits a record high, outpaces bitcoin in growth, US Treasury Secretary Janet Yellen hints at higher interest rates, dollar is up. The price of Brent oil is $69.72, WTI—$66.44, EUR/USD is at 1.1990, …

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Gold analysis

05.05.2021

Technical reviews

Futures contracts for gold prices fluctuated in a narrow range slanting to an upward trend during the Asian session, to witness their rebound for the second session in five sessions from the lowest since mid-April amid the bounce of the US dollar index for the second session from its highest …

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Gazprom analysis

05.05.2021

Technical reviews

 

 

 

Gazprom shares returned to test the resistance level at 235.50 again, and continues with the sideways movement that it was moving within after it tested the previous resistance and rebounded from it.

The price is moving above the 7-20-50 moving averages that are forming support levels for …

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EURUSD technical analysis

05.05.2021

Technical reviews

EURUSD

The pair is trading at 1.2000 ahead of ADP employment report. New jobs are expected to have risen in April by 800,000 compared to the March value of 517,000. If the released data conforms to the predictions or even beats them, it will weigh on the pair locally.

Technical …

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USDSEK analysis

05.05.2021

Technical reviews

USDSEK

The overall trend is downward. The ascending wave H2 level pattern is truncated. Awesome Oscillator shows a bearish divergence, while Stochastic Oscillator indicates an overbought condition.

USDSEK rate online: monitor the price movement in real time.

Trading idea:

Sell when a descending wave pattern is formed, where the …

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EURUSD analysis

04.05.2021

Technical reviews

The single currency, the euro, fluctuated in a narrow range that tends to decline during the Asian session, to witness its retracement for the third consecutive session from its highest since February 26 against the US dollar on the cusp of economic developments and data expected today, Monday by the …

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Google stock analysis

04.05.2021

Technical reviews

 

 

Google's stock was able to rise and breach the resistance level, thus confirming the bullish path and continuing to rise

The moving averages support the upward movement of the stock which is moving below the price, as the 50 average moves near the support level of 2120.00 and …

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