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CADCHF analysis 03.03.2020

03.03.2020

Market Review

The currency pair is testing the historical support level that was formed in 2011.


A descending truncated pattern of the H4 level has formed on the H1 timeframe. A bullish divergence has formed on Awesome Oscillator. The breakout of 0.7207 will result in the formation of an ascending M15 level …

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USDJPY analysis 03.03.2020

03.03.2020

Market Review

The US dollar fell during the Asian session to witness its bounce back for the sixth session in nine sessions from the top since April 25 of 2019 against the Japanese yen after the developments and economic data that were followed by the Japanese economy and amid the scarcity of …

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Google stock analysis 03.03.2020

03.03.2020

Market Review

Google shares returned to rise again after the decline that occurred at the end of last week. The stock moved up and crooked to trade within the ascending channel again.

The stock movement remains below the 7-20-50 moving averages that move above the price, press it and form resistance levels …

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Gold analysis 03.03.2020

03.03.2020

Market Review

Gold futures rose to witness their bounce back for the third session from the lowest since February 7, with the dollar index rebounding to the seventh session in nine sessions from the top since April 21, 2014 according to the inverse relationship between them after the decisions and directions of …

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EUR analysis 03.03.2020

03.03.2020

Market Review

The euro currency fluctuated in a narrow range tilted to the upside during the Asian session to witness its rebound to the seventh session in nine sessions from the lowest since mid-April 2017 against the US dollar on the threshold of developments and economic data expected by the euro area …

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AUD analysis 03.03.2020

03.03.2020

Market Review

The Australian dollar fluctuated in a narrow range tilted towards the decline during the Asian session, to witness its rebound, its stability near its lowest level since mid-March 2009 against the US dollar, following the economic developments and data that it announced today, Tuesday, on the Australian economy and on …

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Sber Bank analysis 02.03.2020

02.03.2020

Market Review

Sber Bank shares continue to decline, reaching the support level of 231.71, after it opened trading last Friday, on a falling price gap. To come back

The price remains below 242.75, a condition for the continuation of the downward movement.

The price action has become below the moving averages 50-7-20 …

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USDJPY analysis 02.03.2020

02.03.2020

Market Review

The US dollar rose during the Asian session to witness its rebound from the lowest since October 10, 2019 against the Japanese yen, following the developments and economic data that were followed by the Japanese economy, which included Bank of Japan Governor Hariko Kuroda reported a short time ago that …

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Gold analysis 02.03.2020

02.03.2020

Market Review

Gold futures rose during the Asian session to witness their bounce for the second session from the lowest since February 7, with the dollar index rebounding for the sixth session in eight sessions from the highest since April 21, 2014, explaining the lowest since the fourth of this month according …

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EUR analysis 02.03.2020

02.03.2020

Market Review

The euro currency fluctuated in a narrow range slanting up during the Asian session to witness its bounce to the sixth session in eight sessions from the lowest since mid-April 2017, explaining the highest since February 3, when it tested the highest since January 23 January against the US dollar …

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