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AUDUSD analysis 05.06.2020

05.06.2020

Market Review

Yesterday the Australian dollar versus the US dollar resumed its positive trading yesterday and approached the 0.7000 barrier again, which strengthens expectations for the continuation of the main bullish trend, which is moving inside the bullish channel that appears in the image, with a reminder that our next main target …

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EURUSD analysis 05.06.2020

05.06.2020

Market Review

The single currency fluctuated the euro in a narrow range slanting up during the Asian session to witness its stability near its highest in three months with its rise for the tenth consecutive session against the US dollar on the cusp of developments and economic data expected on Friday by …

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Gold analysis 05.06.2020

05.06.2020

Market Review

Gold prices fluctuated in a narrow range tilted towards the decline during the Asian session, condoning the decline in the US dollar index, which is in connection with its longest daily loss marches since April 2011, according to the inverse relationship between them on the cusp of developments and economic …

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USDJPY analysis 05.06.2020

05.06.2020

Market Review

The fluctuation of the US dollar in a narrow range tilted to the upside during the Asian session to witness the highest since April 6 against the Japanese yen after the developments and economic data that were reported by the Japanese economy and on the cusp of developments and economic …

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AUDUSD analysis 04.06.2020

04.06.2020

Market Review

The Australian dollar fell during the Asian session to witness its bounce for the second session from the top since January 3 against the US dollar after the developments and economic data that it had reported on the Australian economy and on the cusp of developments and economic data expected …

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EURUSD analysis 04.06.2020

04.06.2020

Market Review

The single currency fluctuated the euro in a narrow range slanting back down during the Asian session to witness its bounce for the second session from the top since March 12 against the US dollar, on the cusp of developments and economic data expected today by the economies of the …

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Gold analysis 04.06.2020

04.06.2020

Market Review

Gold prices fluctuated in a narrow range tilted to the upside during the Asian session, disregarding the US dollar index rebound for the second session from the lowest since March 12, according to the inverse relationship between them on the threshold of developments and economic data expected today Thursday by …

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JPYUSD analysis 04.06.2020

04.06.2020

Market Review

The fluctuation of the US dollar in a narrow range tilted to the upside during the Asian session to witness the highest level since the eighth of last April against the Japanese yen amid the scarcity of economic data by the Japanese economy and on the cusp of developments and …

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EURUSD technical analysis 04.06.2020

04.06.2020

Market Review

EURUSD 

The pair stopped rising ahead of the ECB’s monetary policy decision, an important aspect of which is the new 750 billion euro stimulus package expected by the markets. The euro will come under pressure following the announcement due to profit taking, although it will still be able to rise …

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AUDCAD analysis 04.06.2020

04.06.2020

Market Review

AUDCAD 

A Pin Bar reversal pattern has formed on the daily timeframe. A bearish divergene has formed on Awesome Oscillator, while Stochastic Oscillator signals overboughtness.

Trading recommendations:

Sell below 0.9300.

Stop loss: 0.9410.

Target levels: 0.9187; 0.9120.

The AUDUSD rate online: monitor the movement of the pair in real …

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