21.02.2020
On the weekly timeframe, the historical support level of 1.0607 is being tested. Awesome Oscillator indicator generates a bullish divergence, while Stochastic Oscillator signals oversoldness.
A Bullish divergence along with oversoldness have also formed on the H1 timeframe. The pair is trading in the range of the round important 1.0600 …
21.02.2020
The overall trend is downward. The support level of 136.50 is holding back sellers. Breaking through the level will result in the formation of a descending pattern 123. The moving averages of Stochastic Oscillator indicator have crossed and are located near the overbought zone.
Trading recommendations:
Sell below 136.50.
Stop …
21.02.2020
The pair is consolidating above 1.0780 in anticipation of data on production indicators and consumer inflation in Germany and the eurozone, as well as in the US. If the overall values are weaker than expected in Germany and the eurozone, and at least at the predicted level in the US, …
21.02.2020
The fluctuation of the US dollar in a narrow range slanted toward decline during the Asian session to witness its bounce for the second session from the top since the beginning of the 25th of last April against the Japanese yen, following the developments and economic data that it followed …
21.02.2020
Gold price futures fluctuated in a narrow range tilted to the upside during the Asian session to witness the highest since February 15, 2013 amid the rebound in the US dollar index for the second session from the top since April 21 of 2017 according to the inverse relationship between …
21.02.2020
The euro currency fluctuated in a narrow range slanting upward during the Asian session to witness its bounce for the second session from the lowest since April 2017, while it is still facing its third consecutive weekly losses against the US dollar on the cusp of developments and economic data …
21.02.2020
The Australian dollar versus the US dollar continues to decline, approaching the support of the descending channel that appears in the picture, which supports the chances of achieving further decline during the upcoming sessions, reminding us that we are waiting for the 0.6560 level to be tested as a next …
20.02.2020
The Australian dollar fell during the Asian session to witness its lowest level since March 18 of 2009 against the US dollar, following the developments and economic data that it had reported on the Australian economy and on the cusp of developments and economic data expected Thursday by the US …
20.02.2020
Cisco shares returned to the movement below the support level 46.89 after being able to stabilize below it to continue the side movement.
The stock is now moving below the moving averages, which are moving above the price and forming resistance levels for it.
The stochastic oscillator is in a …
20.02.2020
The euro currency fluctuated in a narrow range that tilted back down during the Asian session to reflect its stability near its lowest level since the third week of April 2017, when trading began on an upward price gap after the French President Emmanuel Macron won the French main elections …
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