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AUDUSD analysis 03.04.2020

03.04.2020

Technical reviews

The Australian dollar fluctuated in a narrow range tilted to the upside during the Asian session. Today, Friday, by the American economy, the largest economy in the world.

At exactly 03:58 AM GMT, the Australian dollar pair rose against the US dollar by 0.07% to 0.6065 levels compared to the …

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GOLD Spot technical analysis 03.04.2020

03.04.2020

Technical reviews

GOLD Spot 

Gold consolidates below 1,620.00 amid the publication of the US employment data. Since the end of March, the quotes of the precious metal have been moving in the flat range of 1,570.55–1,641.00 amid the highly uncertain prospects for the global economy due to the ongoing coronavirus pandemic. Expect …

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USDCHF analysis 03.04.2020

03.04.2020

Technical reviews

USDCHF

Stochastic Oscillator signals overboughtness. A bearish divergence has formed on Awesome Oscillator. Probably the ascending pattern is a wave (B) of the descending H4 level pattern.

Sell strictly while a descending wave pattern is forming, where the wave (aC) breaks through the inclined channel of the ascending pattern + …

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USDJPY analysis 02.04.2020

02.04.2020

Technical reviews

The fluctuation of the US dollar in a narrow range tilted to the upside during the Asian session, to witness its bounce for the second session from the lowest since March 18 against the Japanese yen, following the developments and economic data that were reported by the Japanese economy and …

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GOLD analysis 02.04.2020

02.04.2020

Technical reviews

Gold price futures fluctuated in a narrow range that tilted back down during the Asian session to witness its rebound to the fifth session in seven sessions from its highest since the ninth of March, when it tested the highest since December 18, 2012 amid the rebound of the US …

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EURUSD analysis 02.04.2020

02.04.2020

Technical reviews

The single currency fluctuated the euro in a narrow range slanting back down during the Asian session to witness its bounce to the fifth session from the top since March 17 against the US dollar on the threshold of developments and economic data expected Thursday by the economies of the …

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AUDUSD analysis 02.04.2020

02.04.2020

Technical reviews

The Australian dollar pair against the US dollar ended yesterday's trading below the 0.6097 level, which puts the price under expected negative pressure during the coming period, on its way to test the level of 0.5958 initially, noting that breaking this level will push the price to 0.5787 as a …

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Trading ideas for Johnson & Johnson (NYSE) 02.04.2020

02.04.2020

Technical reviews

#JNJ

The overall trend is downward. The stock is trading in the range of the upper limit of the downward price channel. Stochastic Oscillator signals overboughtness. A breakout of the price pivot zone 126.12 will result in the formation of a downtrend 1-2-3 within the general downtrend.

Trading recommendations:

Sell …

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USDSEK analysis 02.04.2020

02.04.2020

Technical reviews

USDSEK

The overall trend is upward. The descending truncated H4 level pattern ended with a breakout of the inclined channel. Bullish divergence has formed on Awesome Oscillator. A breakout of 10.0845 will result in the formation of an ascending H1 level pattern within the overall uptrend.

Trading recommendations:

Buy above …

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USDCAD technical analysis 02.04.2020

02.04.2020

Technical reviews

USDCAD

The pair is gradually declining amid the strong growth in crude oil prices which rose more than 10%. The positive opening in Europe, as well as the positive movement of the US stock index futures, may support a further local decline of the pair. In general, a flat trend …

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