Daily reviews

NZDUSD 

The pair is correcting downwards after a noticeable rise caused by the optimistic outlook for the global economic recovery as countries lift lockdowns. After a possible slight correction, expect the pair to grow further.

Technical side:

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

#TATN

Oil continues to rise in price amid the production cuts and increasing demand.

The company’s shares are trading in the range of the lower boundary of the flat range. Breaking through the resistance level of 552.00 will result in the formation of an ascending pattern of 1-2-3. Also, Stochastic …

EURGBP 

The overall trend is upward. The currency pair is trading in the range of the round important level 0.8900. Breaking through the round secondary level of 0.8920 will result in the formation of an ascending pattern of 1-2-3. Stochastic Oscillator indicator signals oversoldness.

Trading recommendations:

Buy above the round …

The Australian dollar rose by more than one percent during the Asian session to witness its highest since February 13 against the US dollar, following developments and economic data that were reported by the Australian economy and the Chinese economy as Australia's largest trading partner and on the cusp of …

The single currency fluctuated the euro in a narrow range slashing up during the Asian session to witness its stability near the top in more than two months against the US dollar on the cusp of developments and economic data expected on Monday by the economies of the euro area …

Gold prices fluctuated in a narrow range tilted to the upside during the Asian session to witness the highest since May 18, when it experienced the highest since April 14 and reversed the highest in eight years, with the decline in the US dollar index according to the inverse relationship …

The fluctuation of the US dollar in a narrow range that tends to decline during the Asian session against the Japanese yen, following the developments and economic data that were followed by the Japanese economy and on the cusp of developments and economic data expected on Monday by the US …

USDCAD

The pair dropped below the strong support level of 1.3735 amid today’s positive economy data in China. Caixin manufacturing PMI in May rose to 50.7 points, above the expected 49.6 points, and above April’s 49.4 points. This contributes to the optimistic outlook for China’s economic recovery, which also supports …

#SURGUT
The stock is trading in the range of the lower border of the ascending price channel. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversoldness.

Trading recommendations:

Buy when an ascending pattern is formed, where the wave (A) breaks through the inclined channel of the descending pattern, …

GBPNZD 

The 1.9770 support level is holding back sellers. Probably an ascending wave M30 level pattern is formed, where the B wave has a truncated under the wave C (the descending M15 level pattern). 

Trading recommendations:

Buy when an ascending pattern is formed, where the wave (as) breaks through the …