Daily reviews

#SURGUT

The stock is trading in the support level range of 39.00. Stochastic Oscillator indicator signals a change from a downtrend to an uptrend by crossing moving averages in the oversold level range (20). A descending truncated pattern of the M30 level has formed. 

Trading reccomendations:

Buy while an ascending …

The Australian dollar rose during the Asian session to witness its highest since last January 3 against the US dollar, following the developments and economic data that it announced on the Australian economy and on the cusp of developments and economic data expected today by the US economy and in …

The single currency, the euro, rose during the Asian session, clarifying its highest level since March 16, and was preparing for its longest daily gains march since September 2009 against the US dollar, on the cusp of developments and economic data expected today Wednesday by the economies of the euro …

Gold prices fluctuated in a narrow range tilted towards the decline during the Asian session, to witness its bounce for the third session from the top since May 18, disregarding the decline in the US dollar index to its lowest since March 13, according to the inverse relationship between them …

The fluctuation of the US dollar in a narrow range tilted towards the decline during the Asian session to witness its rebound from above since April 9 against the Japanese yen amid the scarcity of economic data by the Japanese economy and on the cusp of developments and economic data …

GOLD 

The support level 1720.0 is holding back sellers. A downward truncated M30 level pattern has formed, it ended with the breakout of an inclined channel. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversoldness. The breakout of 1729.40 will result in the formation of an ascending pattern …

EURUSD 

The pair is at 1.1200, supported by the strong growth in demand for risk assets amid the new signs of the global economic growth: recent manufacturing data in Europe, Asia, and the US. The pair may continue to consolidate if May’s unemployment data to be released today in Germany …

#AIR

Stock markets are showing strong growth amid the easing of quarantine measures.

Airbus Group shares look undervalued in comparison with other companies, having regained only a small part of the lost positions. The support level of 48.18 with a bullish divergence has held back sellers. Stochastic Oscillator shows a …

The Australian dollar fluctuated in a narrow range tilted towards the decline during the Asian session to witness its rebound from above since January 27 against the US dollar after the economic developments and data that were adopted today by the Australian economy and on the cusp of the decisions …

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 17 against the US dollar on the cusp of developments and economic data expected today by the economies of the …