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The medium-term trend is upward. The hammer pattern has formed on the W1 timeframe, which also signals a likely upward movement.  The inclined channel of the descending pattern is broken. Breaking through the round secondary level of 21.80 will result in the formation of an ascending pattern of 1-2-3. …

AUDNZD

The overall trend is upward. The currency pair is trading in the range of 365 and 135 moving averages. Stochastic Oscillator signals oversold conditions, and Awesome Oscillator shows a bullish divergence.

 AUDUSD rate online: monitor the price movement in real time

Trading idea:

Buy on the formation of an …

EURUSD
The pair is consolidating in the range of 1.1700-1.1760 amid the US employment data, which will be published tomorrow, and if it turns out to be higher than the forecast, this should push the pair down.
Technical side:
The price is located below the middle Bollinger band, above SMA …

Wednesday, March 31st, today’s news—US President Joe Biden to unveil his $2 trillion package for infrastructure recovery. American and European markets are mostly flat, Down slipped from record highs, private payroll data is in focus the US, investors await the eurozone inflation data, Germany posted lower jobless claims, the UK's …

The dollar against the yen pushed strongly to the upside to surpass our awaited target at 110.30 and reach the extended target of 111.00, forming within the ascending channel that appears on the chart, which has positive targets that extend to 111.70.

Therefore, the bullish trend will remain likely …

EURUSD

The pair is recovering, most likely, amid the closing of some positions on the US dollar before the publication of employment data from ADP, which will be presented today. If they turn out to be no worse than expected and show growth above the forecast of 550,000, this will …

EURJPY

The resistance level of 129.91 is holding back buyers. Probably, the ascending pattern is a wave (B) of the descending pattern of the H8 level. Awesome Oscillator shows a bearish divergence, while Stochastic Oscillator signals overbought conditions.

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

Trading …

Gazprom arrow rebounded from the support level, thus returning to the sideways movement that it was moving within after it reached the resistance 234.75 and managed to slightly breach it.

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

Tuesday, March 30th, today’s news—oil falls after Suez Canal opens, but the supply chains may be affected for months, investors look to OPEC+ output cuts. American stocks are mixed after Dow closed at a record high, European and Asian markets rise, positive data in the eurozone indicates improved market sentiment …

The Australian dollar against the US dollar is making attempts to breach the 0.7650 level now, which requires attention from the upcoming trades, as the confirmation of the breach will stop the bearish corrective scenario suggested in our recent reports and lead the price to restore the main bullish trend …