Daily reviews

The overall trend is downward. The currency pair is trading in the range of 365 and 135 moving averages. A start fractal was formed below the 135 moving average. Breaking through the start fractal will result in the formation of a 1-2-3 descending pattern within the overall downtrend.

Trading recommendations: …

Gold price remains in a short-term downtrend. The coronavirus situation continues to have a negative impact on gold prices. The situation will not change in the short term.

The price is below the average line of the Bollinger band, below SMA 5 and SMA 14. RSI balances above the oversold …

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 …

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 …

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 …

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 …

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, …

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 …

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 …