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Gold analysis 26.08.2020

26.08.2020

Technical reviews

Gold prices rose during trading today, Wednesday, in the Asian session, after two days of recording losses, with attention shifting towards "Jackson Hole" and anticipation of the speech of the President of the Federal Reserve.

Central Bank President Jerome Powell will deliver a speech on Thursday on the sidelines of …

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USDJPY analysis 26.08.2020

26.08.2020

Technical reviews

The Japanese Yen rose marginally against most of the major currencies, following the release of positive economic data, coinciding with pressure on the US currency.

And government data revealed that the price index of services producers in Japan rose by 1.2% last month, compared to expectations of a rise of …

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SBER Bank stock analysis

26.08.2020

Technical reviews

Sber Bank stock fell and breached the support level of 233.84, but it continues to move within the ascending channel as seen in the chart.

The current price action is between the support level 233.10 and the resistance level 245.57 over the medium period.

While the main targets will be …

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NZDUSD analysis 26.08.2020

26.08.2020

Technical reviews

NZDUSD

The overall trend is upward. The pair is trading in the upper bound of the Ichimoku cloud. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals an oversold condition.

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

Trading recommendations:

Buy when an ascending …

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USDJPY technical analysis 26.08.2020

26.08.2020

Technical reviews

USDJPY

The pair is trading higher below 106.50 against the background of the weaker dollar ahead of an expectedly important speech from the Fed’s head, Jerome Powell, to be made at the Jackson Hole symposium tomorrow. Drastic measures from the Fed aimed at supporting inflation are expected and may put …

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25.08. Fresh trading analysis: Decline of German GDP and US-China trade agreement progress

25.08.2020

Technical reviews

Tuesday, August 25, today’s news—in the 2nd quarter, German GDP declined by 9.7% compared to the previous three months, this is the most significant rate of decline since the beginning of accounting for the indicator in 1970. US trade representative Robert Lighthizer and Treasury Secretary Steven Mnuchin note progress in …

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AUDUSD analysis 25.08.2020

25.08.2020

Technical reviews

The Australian dollar rose against most of the major currencies during trading today, Tuesday, in light of the continuing optimism in the markets regarding vaccines and treatments for the "Corona" virus, despite the continuing high number of infections and deaths.

 

This comes after the US Food and Drug Agency announced …

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EURUSD analysis 25.08.2020

25.08.2020

Technical reviews

The euro rose marginally against most of the major currencies during trading Tuesday, in light of optimism regarding trade relations between the United States and China.

 

As a result of this optimism, pressure was placed on the US dollar and investors resorted to risk assets such as the stock and …

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Gazprom analysis 25.08.2020

25.08.2020

Technical reviews

Gazprom is steady in the movement around the support level 186.00, as it continues moving within the descending channel that is shown on the chart.

The price is now moving below the 20-50 averages that form resistance levels and pressurize it to decline.

While we have major resistance at 202.70 …

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Gold analysis 28.08.2020

25.08.2020

Technical reviews

Gold prices rose during trading today, Tuesday, to offset some of the losses it incurred in the Monday session, and the precious metal benefited from the dollar’s ​​decline against most major currencies.

 

Reuters reported on discussions between high-ranking officials from both the United States and China to calm tensions and …

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