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AUDUSD analysis 20.05.2020

20.05.2020

Technical reviews

The Australian dollar fluctuated in a narrow range tilted to the upside during the Asian session, to witness its bounce to the fourth session from the lowest since May 7 against the US dollar, following the developments and economic data that it had reported on the Australian economy and on …

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EURUSD analysis 20.05.2020

20.05.2020

Technical reviews

The single currency fluctuated the euro in a narrow range tilted to the upside during the Asian session to witness its rebound to the seventh session in ten sessions from the lowest since April 24 against the US dollar on the cusp of developments and economic data expected today Wednesday …

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Gold analysis 20.05.2020

20.05.2020

Technical reviews

Gold prices fluctuated in a narrow range tilted to the upside during the Asian session amid the negative stability of the US dollar index according to the inverse relationship between them on the threshold of developments and economic data expected on Wednesday by the US economy, the largest economy in …

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JPYUSD analysis 20.05.2020

20.05.2020

Technical reviews

The fluctuation of the US dollar in a narrow range tilted to the up during the Asian session against the Japanese yen after the developments and economic data that were followed by the Japanese economy and on the cusp of developments and economic data expected today by the US economy, …

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GBPUSD analysis 20.05.2020

20.05.2020

Technical reviews

GBPUSD 

The currency pair is trading in the range of 365 and 135 moving averages and the upper limit of the descending price channel. Awesome Oscillator shows a bearish divergence, while Stochastic Oscillator signals overboughtness. Breaking through the price pivot zone of 1.2232 will result in the formation of a …

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Trading ideas for the Bank of New York Mellon Corp. (NYSE) 20.05.2020

20.05.2020

Technical reviews

#BK

The 33.93 support level is holding back buyers. Stochastic Oscillator signals oversoldness. If the price fixes above the resistance level of 33.93, it will have an opportunity to grow within the range of a “specialist trap”—a reversal level of 37.80.

Trading recommendations:

Buy above 33.93.

Stop loss under the …

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GBPUSD technical analysis 20.05.2020

20.05.2020

Technical reviews

GBPUSD

The pair signals the possibility of a downward turn amid the reduced risk appetite in the markets, increased demand for the US dollar, as well as weak consumer inflation data in the UK published this morning.

Technical side:

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

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Trading ideas for Boeing Co. (NYSE) 19.05.2020

19.05.2020

Technical reviews

#BA

The US stock market is recovering after the pandemic-induced collapse. The US are gradually easing the quarantine measures, which has a positive impact on the economy.

The price pivot zone of 136.0 is holding back buyers on the Boeing chart. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator …

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AUDUSD analysis 19.05.2020

19.05.2020

Technical reviews

The Australian dollar fluctuated in a narrow range tilted to the upside during the Asian session, to witness the highest level since May 11 against the US dollar, following developments and economic data that were reported by the Australian economy and on the cusp of developments and economic data expected …

Read more

EURUSD analysis 19.05.2020

19.05.2020

Technical reviews

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 its top since May 4 against the US dollar on the cusp of developments and economic data expected today by the euro area and …

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