Daily reviews

The price of gold rose strongly after building a base on the level of 1765.00, to surpass the minor resistance level that appears in the image and confirms the revival of the positive scenario again, on its way to visit the levels of 1800.00 then 1838.00 as next main targets. …

The Australian dollar against the US dollar pushed strongly upwards, surpassing 0.7765 and approaching our first awaited target at 0.7835, reinforcing expectations for the continuation of the main bullish trend, whose next target is at 0.7900.

Thus, we await more incline during the coming sessions supported by the 50 MA, …

NZDCAD

The overall trend is upward. The currency pair is trading in the range of 365 and 135 moving averages. A descending truncated H2 level pattern and an internal truncated H1 level pattern have formed. Awesome Oscillator shows a bullish divergence. The breakout of 0.8953 will result in the formation …

EURUSD

The pair is correcting down after yesterday's growth amid the outcome of the Fed’s meeting and the speech of its head Jerome Powell. But despite the decline of the pair, market participants will use it to resume its purchases.

Technical side:

The price is located above the middle Bollinger band, …

Wednesday, April 28th, today’s news—markets are mixed amid the earnings reports and ahead of the Fed's meeting. Deutsche Bank reported the best profit in seven years, The Fed is expected to confirm its easy monetary policy even as economic recovery is picking up pace, dollar and Treasury yields are up. The price …

EURUSD

The pair is consolidating in anticipation of the Fed’s meeting outcome and especially Jerome Powell’s speech. If he hints at a certain time frame for a downward change in the volume of purchases of government bonds, this will lead to a decrease in the price of the pair. At …

NZDCAD

The overall trend is upward. The currency pair is trading in the range of 365 and 135 moving averages. A descending truncated pattern has formed (l 123.6% Fib. level is not broken). Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold conditions.

NZDCAD rate online: monitor …

Tuesday, April 27th, today’s news—European markets are flat ahead of the Fed's meeting and earnings reports. American markets are also flat after S&P 500 and Nasdaq close at record highs, Asian markets are down, China's industrial profit almost doubled, HSBC's quarterly profit surges 79%, dollar strengthens. The price of Brent oil …

EURUSD

The pair corrects downwards after reaching a local high of 1.2115, but remains in a short-term uptrend. The Fed's confirmation at the end of the meeting of the current ultra-soft monetary rate will return the pair to growth again.

Technical side:

The price is located below the middle Bollinger …

EURGBP

The overall trend is downward. The ascending wave pattern of the H8 level is truncated. A bearish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals overbought conditions. The round secondary level of 0.8720 held back buyers.

EURGBP rate online: monitor the price movement in real time. …