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EURUSD analysis

15.02.2021

Market Review

The single currency, the euro, fluctuated in a narrow, upward range during the Asian session, to witness its rebound to the sixth session in seven sessions from the lowest since the beginning of December 2020 against the US dollar on the cusp of economic developments and data anticipated today, Monday …

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AUDUSD analysis

15.02.2021

Market Review

The Australian dollar fluctuated in a narrow range sloping to an upside during the Asian session, to witness its rebound to the seventh session in ten sessions from its lowest since December 28, 2020, showing its highest since January 21 against the US dollar amid scarcity of economic data today …

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Google stock analysis

15.02.2021

Market Review

 Google's share continues to rise after it managed to breach the resistance level 1930.60, and the upper limit of the ascending channel was the price movement within it. And it formed a rising price gap during last week's trading.

The moving averages support the upward movement of the stock which …

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USDMXN analysis

15.02.2021

Market Review

USDMXN

The descending pattern is truncated.  Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold conditions. Completion of the descending truncated pattern with the formation of the ascending one will result in an entry point at truncated C.

Trade idea:

Buy when a rising wave pattern is formed, …

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Trading idea for Procter & Gamble Co (NYSE)

15.02.2021

Market Review

#PG

The overall trend is upward. The bears are facing a price pivot zone of 127.40, which continues to hold back their onslaught. A pin bar has formed on the daily timeframe D1. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals oversold conditions.

Trading idea:

Buy …

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USDCAD technical analysis

15.02.2021

Market Review

USDCAD

The pair is trading near the strong support level of 1.2660. The Canadian currency is supported by a strong rise in crude oil prices, but the US dollar is not giving up, as the growth in treasury yields is already supporting its course. This is the reason for the …

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Gold Analysis 12.02.2021

12.02.2021

Market Review

Futures contracts for gold prices fluctuated in a narrow range that tends to decline during the Asian session, to witness its retracement of the third session from its highest since the second of February, while it is still in the process of its first weekly gains in three weeks amid …

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Aeroflot stock analysis

12.02.2021

Market Review

Aeroflot continues to move below the support level 71.10, which it breached during the past week, confirming the break of this level, thus starting a bearish path.

Whereas, the price is moving below the average level of 20-50 after it managed to breach it this week, which is moving near …

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CADCHF analysis

12.02.2021

Market Review

CADCHF
The overall trend is upward. The currency pair is trading in the range of 365 and 135 moving averages. The descending pattern of the H1 level is truncated. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals oversold conditions.
CAFCHF rate online: monitor the price movement …

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GBPUSD technical analysis

12.02.2021

Market Review

GBPUSD

The pair is trading below the 1.3800 amid GDP data for the 4th quarter publication, as well as the values of production indicators. Negative data may force the pair to correct downward.

Technical side:

The price is located below the lower Bollinger band, below SMA 5 and SMA 14. …

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