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AUDUSD analysis 19.05.2020

19.05.2020

Market Review

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 …

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EURUSD analysis 19.05.2020

19.05.2020

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 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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Gold analysis 19.05.2020

19.05.2020

Market Review

Gold prices fluctuated in a narrow range tilted to the upside during the Asian session, while neglecting the positive stability of the US dollar index according to the inverse relationship between them on the threshold of developments and economic data expected on Tuesday by the American economy, which includes the …

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USDJPY analysis 19.05.2020

19.05.2020

Market Review

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

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EURNZD analysis 19.05.2020

19.05.2020

Market Review

EURNZD 

The currency pair is trading in the range of 135 and 365 moving averages directed upwards. Awesome Oscillator shows bullish divergence, while Stochastic Oscillator signals oversoldness.

Trading recommendations:

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

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EURUSD technical analysis 19.05.2020

19.05.2020

Market Review

EURUSD

News of another successful coronavirus vaccine trial in the US supports the demand for risk assets and puts pressure on the dollar. Also, the proposal of France and Germany to create a 500 billion euros recovery fund to help the most affected countries in the eurozone, supports the EUR …

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AUDUSD analysis 18.05.2020

18.05.2020

Market Review

The Australian dollar rose during the Asian session against the US dollar amid the scarcity of economic data by the Australian economy earlier this week and in the wake of the interview given by Federal Reserve Governor Jerome Powell with the program "60 minutes" on "CBS" and on the cusp …

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EURUSD analysis 18.05.2020

18.05.2020

Market Review

The single currency fluctuated the euro in a narrow range slashing back down during the Asian session against the US dollar with the aspiration of the German Central Bank to disclose its monthly report and in the wake of the interview that Fed Governor Jerome Powell gave to the program …

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Gold analysis 18.05.2020

18.05.2020

Market Review

Gold prices rose during the Asian session to witness the highest since April 14, when it experienced the highest since the fifth of October 2012, which was the highest since November 9, 2011, with the decline in the US dollar index for the first time In four sessions, according to …

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JPYUSD analysis 18.05.2020

18.05.2020

Market Review

The US dollar fluctuated in a narrow range tilted to the upside during the Asian session against the Japanese yen following the developments and economic data that is reported on the Japanese economy and the interview conducted by Federal Reserve Governor Jerome Powell with the program "60 Minutes" on "CBS" …

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