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Gold analysis 17.11.2020

17.11.2020

Market Review

Futures contracts for gold prices fluctuated in a narrow range that tends to rise during the Asian session, to witness its rebound to the fifth session in seven sessions from its lowest since July 22, overlooking the positive stability of the US dollar index according to the inverse relationship between …

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EURUSD analysis 17.11.2020

17.11.2020

Market Review

The single currency, the euro, fluctuated in a narrow, bullish range during the Asian session against the US dollar, on the cusp of developments and expected economic data on Tuesday by the third largest economy in the euro area, Italy, and the US economy, the largest in the world.

At …

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Gazprom analysis 17.11.2020

17.11.2020

Market Review

Gazprom share continues to rise after confirming the bullish path, after breaching the resistance 180.70 and closing above it. And also after exiting the descending channel that it was moving within.

The price is moving above all the moving averages, which is a positive sign for a continuation of the …

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USDCAD technical analysis 17.11.2020

17.11.2020

Market Review

USDCAD

The pair is trading above 1.3065. It’s affected negatively by the rising crude oil prices, which in turn are rising following the new global trade agreement signed by Asian countries this weekend.

Technical side:

The price is below the middle Bollinger band, above SMA 5, but below SMA 14.RSI …

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16.11. Fresh trading analysis: new trade deal in Asia, positive economic data

16.11.2020

Market Review

Monday, November 16th, today’s news—China and 14 countries in the Asia-Pacific region sign a major trade deal that excludes the US. The region's markets are rising amid the deal, positive economic data in China and the vaccine cheer, European markets also rise, total number of COVID-19 cases in the US …

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USDJPY analysis 16.11.2020

16.11.2020

Market Review

The US dollar fluctuated in a narrow range that tends to decline during the Asian session, to witness its retracement of the fourth session from its highest since October 20 against the Japanese yen following the developments and economic data that they followed on the Japanese economy and on the …

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EURUSD analysis 16.11.2020

16.11.2020

Market Review

The single currency, the euro, fluctuated in a narrow, rising range during the Asian session against the US dollar on the cusp of developments and economic data expected today, Monday by the economies of the euro area and the US economy, the largest economy in the world, which includes the …

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Aeroflot stock analysis 16.11.2020

16.11.2020

Market Review

Aeroflot stock returns to the upside after it managed to breach the resistance 68.30 in an attempt to end the bearish path and return to the upside again.

The price is moving above the moving averages 507-20- after it was able to breach it by the end of last week, …

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USDCHF analysis 16.11.2020

16.11.2020

Market Review

USDCHF

The currency pair is trading in the range of 365 and 135 moving averages directed upwards. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator indicates an oversold condition.

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

Trading recommendations:

Buy when an ascending wave pattern …

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GBPUSD technical analysis 16.11.2020

16.11.2020

Market Review

GBPUSD

The pair is trading above 1.3200 amid the rising demand for risk assets and the weaker US dollar. Investors believe that the Biden presidency and the vaccine will quickly restore the precrisis levels. Against this backdrop, the demand for safe haven assets, including the US dollar, is dropping.

Technical …

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