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Important support and resistance levels 17.03.2020

17.03.2020

Technical reviews

EURCAD (17.03.2020)

Time frame

Trend

Call levels

Put levels

Xpir time

Н1

bullish

1.4720; 1.5150; 1.5320; 1.5464; 1.5700; 1.5815.

1.5815; 1.5700; 1.5464; 1.5320; 1.5150.

1-3TF

Time of publication of important economic news

EUR – 13:00.

NZDUSD (17.03.2020)

Time frame

Trend

Call levels

Put levels

Xpir time

Н1

bearish

0.6000; 0.6120; …

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USDJPY analysis 16.03.2020

16.03.2020

Technical reviews

The dollar fell to witness its bounce for the second session from the top since March 3 against the yen, amid growing fears of a global outbreak of the Corona virus and after the Fed cut interest in a sudden meeting of the markets by 100 basis points to return …

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Gold analysis 16.03.2020

16.03.2020

Technical reviews

Gold futures fell during the Asian session to witness their bounce for the sixth consecutive session from their highest since December 18, 2012 with the succession of the US dollar index bouncing to the sixth session from the lowest since September 27, 2018 according to the inverse relationship between them …

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EUR analysis 16.03.2020

16.03.2020

Technical reviews

The single currency, the euro, rose during the Asian session to witness its rebound to the second session from the lowest since March 2 against the US dollar, amid growing fears of a global outbreak of the Coronavirus virus and in the wake of the Federal Reserve cut interest in …

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AUD analysis 16.03.2020

16.03.2020

Technical reviews

The Australian dollar versus the US dollar made a strong break to support the main descending channel and settled below it, which stops the positive scenario suggested in our recent report and leads the price to achieve a further decline in the short and medium term, on his way to …

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GBPUSD technical analysis 03.16.2020

16.03.2020

Technical reviews

The pair is under extreme pressure due to the Brexit-related economic problems. Expected rate cuts by the Bank of England will lead to further drop of the pair. The US dollar is in demand as a safe haven in times of crisis.

The price is below the middle Bollinger band, …

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Trading ideas for British American Tobacco PLC 16.03.2020

16.03.2020

Technical reviews

The US Federal Reserve once again rescues the economy from a strong fall, lowering the interest rate for the second time in a month. Now it is only 0.25%.

Against the background of a general fall, the stock tested the support level of 26.300, which held back sellers. After the …

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GBPNZD analysis 16.03.2020

16.03.2020

Technical reviews

The overall trend is upward. The descending pattern ended with the breakout of an inclined channel and is truncated. Bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator moving averages have left the oversold zone. A breakout of 2.0596 will result in the formation of an ascending wave pattern …

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Gold Spot technical analysis 13.03.2020

13.03.2020

Technical reviews

Gold is under pressure due the emerging chaos in the global market after the demand on the US dollar unexpectedly rose. It is likely that the local weakening of the price of gold will continue if the panic does not subside.

The price is below the middle Bollinger band, above …

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AUD analysis 13.03.2020

13.03.2020

Technical reviews

The Australian dollar pair traded against the US dollar with a strong negative yesterday to succeed in achieving our extended target which is at 0.6230, which represents the support of the main descending channel that appears in the picture, and according to the trading rules inside the price channels, the …

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