Daily reviews

NZDCHF 

The overall trend is downward. The currency pair is trading in the range of 365 and 135 moving averages. A bearish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals overboughtness. The upward H1 level pattern is currently truncated.

Trading recommendations:

Sell while the descending pattern is forming, …

The Australian dollar versus the US dollar succeeded in confirming the breach of the 0.5958 level after the daily candle closed above it, which supports the continuation of our effective expectations for the bullish trend during the coming period, and the path is open to achieving our next target which …

The euro currency fluctuated in a narrow range tilted to the upside during the Asian session to witness its bounce for the third consecutive session from the lowest since April 21, 2017 against the US dollar on the threshold of developments and economic data expected today Wednesday by Germany, the …

Gold futures rose during the Asian session to witness the highest level since the ninth of March, when I tested the highest for it since December 18, 2012 amid the US dollar index rebounding for the third session in four sessions from its highest since the fourth of January 2017 …

The US dollar rose during the Asian session to witness its bounce back to the tenth session in thirteen sessions from the lowest since October 3, 2016 against the Japanese yen after the developments and economic data that it had reported on the Japanese economy and on the cusp of …

USDRUB

The pair is trading above 78.00 due to the recovering demand for crude oil and stocks of Russian companies, as well as federal loan bonds from non-residents. The ruble will be also supported by the tax period in Russia, which begins today on March 25.

The price is above …

The single currency, the euro, rose during the Asian session to witness its bounce for the second consecutive session from the lowest since April 21, 2017 against the US dollar on the threshold of developments and economic data expected today by the euro area economies and the US economy, the …

Gold futures rose during the Asian session to witness the highest since March 12, with the US dollar index rebounding for the second session in three sessions from the highest since January 4, 2017, according to the inverse relationship between them on the threshold of developments and economic data expected …

The US dollar fell during the Asian session to witness its rebound to the second session from its top since February 24 against the Japanese yen after the developments and economic data that it had reported on the Japanese economy and on the cusp of developments and economic data expected …

USDCAD

The pair is trading below 1.4420 amid the rising crude oil prices and positive news from China, as the country reopens its borders due to the subsiding coronavirus pandemic. Another positive growth factor for the pair is an increase in demand for risk assets and the announcement of unprecedented …