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Gazprom analysis 25.08.2020

25.08.2020

Market Review

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

Market Review

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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JPYUSD analysis 25.08.2020

25.08.2020

Market Review

The yen stabilized negatively against the US dollar during trading on Tuesday, as the Japanese currency came under pressure following negative data.

 

Government data showed that the consumer price index remained stable at its core value - excluding energy and food prices - a reading issued by the Bank of …

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EURUSD technical analysis 25.08.2020

25.08.2020

Market Review

EURUSD
The growing demand for risk in the stock and commodity markets supports the pair. If the US Conference Board index data published today turns out to be no worse than the forecast, this will push the pair back to growth.
Technical side:
The price is below the middle Bollinger …

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GBPUSD analysis 25.08.2020

25.08.2020

Market Review

GBPUSD

 The overall trend is upward. The currency pair is trading in the range of 365 and 135 moving averages. The descending truncated pattern of the H1 level ended with the breakout of an inclined channel. Awesome Oscillator indicator shows a bullish divergence, while Stochastic Oscillator indicator signals an oversold …

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Trading ideas for Arcelor Mittal (EURONEXT) 25.08.2020

25.08.2020

Market Review

#MT

The stock is trading in the range of 365 and 135 moving averages. Awesome Oscillator indicator shows a bullish divergence, while Stochastic Oscillator indicator showed an exit from the oversold zone. A break of 9.96 will result in the formation of an ascending pattern of 1-2-3.

Trading recommendations:

Buy …

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24.08. Fresh trading analysis: Asia-Pacific stok indexes

24.08.2020

Market Review

Monday, August 24th,  today’s news—stock indexes of the Asia-Pacific region (APR) are growing, despite continuing concerns about the second wave of coronavirus and the recovery of the world economy. During today's Asian trading, the US dollar is slightly changed relative to the main world currencies amid the ambiguous signals for …

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AEROFLOT Stock Analysis 24.08.2020

24.08.2020

Market Review

There is nothing new in the movement of Aeroflot, as the stock tried to test the resistance level 86.50 at the end of last week's trading, but failed to breach this level. The stock returned to the sideways movement it was trading in during the past two weeks, as it …

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AUDUSD analysis 24.08.2020

24.08.2020

Market Review

The Australian dollar versus the US dollar managed to break the support of the bullish intraday channel and settled below it, which supports the continuation of our bearish expectations effectively in the upcoming sessions, supported by moving below the EMA50, waiting to head towards 0.7065, which represents our first target. …

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EURUSD analysis 24.08.2020

24.08.2020

Market Review

The euro settled negatively against most of the major currencies during trading on Monday, and the single European currency did not move firmly against the US dollar as the impact of weak economic data is still extended

On Friday, data revealed that the Purchasing Managers' Index (PMI) for manufacturing industries …

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