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Gazprom analysis

21.04.2021

Market Review

 

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

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

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20.04. Fresh trading analysis: European markets are down, Treasury yields rise

20.04.2021

Market Review

Tuesday, April 20th, today’s news—European markets are down, tobacco stocks plummet as Biden administration considers limiting nicotine content in cigarettes. Asian markets are highest since early March, American stocks are up as investors monitor earnings, Treasury yields rise, dollar weakens, euro is up on vaccination hopes. The price of Brent oil …

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AUDUSD analysis

20.04.2021

Market Review

The Australian dollar rose during the Asian session, to witness its highest since March 18, when it tested its highest since February 26 against the US dollar, following the economic developments and data that followed today, Tuesday, on the Australian economy, which included the Reserve Bank of Australia disclosing the …

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Amazon stock analysis

20.04.2021

Market Review

 

 

Amazon started the upward movement above the support level 3330.00, after it managed to rise above the previous support level 3105.00. Thus, ending the lower movement by breaching the mentioned levels

We notice on the chart that the price is moving above the 20- 50 moving averages, so …

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Trading idea for NIKE Inc. (NYSE)

20.04.2021

Market Review

#NKE

The level of 50% of the expected wave (A H4) remains unbroken. The descending pattern of the H2 level is truncated. Awesome Oscillator shows a bullish divergence. Probably the downward pattern of the H2 level is a wave (B) of the upward pattern of the H4 level.

Trading idea: …

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EURUSD technical analysis

20.04.2021

Market Review

EURUSD

The pair overcame yesterday's target of 1.2040 and continues to grow amid the weaker US dollar and broad demand in the markets for risky assets.

Technical side:

The price is located at the level of the upper Bollinger band, above SMA 5 and SMA 14. RSI is entering the …

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AUDNZD analysis

20.04.2021

Market Review

AUDNZD

The overall trend is upward. The descending pattern of the H8 level is truncated. Awesome Oscillator shows a bullish divergence. The support level of 1.0790 is holding back sellers.

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

Trading idea:

Buy when an ascending wave pattern is …

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19.04. Fresh trading analysis: Asian stocks are at 1.5-week highs, cryptocurrency market is down

19.04.2021

Market Review

Monday, April 19th, today’s news—Asian markets are trading at 1.5-month highs, China's stocks lead. American markets are mixed following Dow and S&P record closes, oil drops on COVID-19 worries, dollar is still at one-month lows, popular cryptocurrencies fall, bitcoin traded almost 20% down. The price of Brent oil is $66.57, WTI—$63.03, …

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AUDUSD analysis

19.04.2021

Market Review

The Australian dollar against the US dollar rebounded to the downside after achieving the first awaited target at 0.7765, heading towards a possible test of the 50 moving average that continues to support the price from below, noting that the stochastic indicator reaches oversold areas now.

 

Consequently, these factors …

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Google stock analysis

19.04.2021

Market Review

 

 

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 2075.00 and forms …

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