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EUR analysis 28.01.2020

28.01.2020

Market Review

The euro currency fluctuated in a narrow range tilted to the upside during the Asian session to witness its rebound to the second session from the lowest since December 2 against the US dollar on the cusp of developments and economic data expected today by the third largest economies of …

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Gold analysis 28.01.2020

28.01.2020

Market Review

Gold price futures fluctuated in a narrow range that tilted back down during the Asian session to witness its bounce for the second consecutive session from its highest since January 8, when it tested its highest since March 18, 2013, condoning the decline in the US dollar index according to …

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Google stock analysis 28.01.2020

28.01.2020

Market Review

Google's stock continues the bullish path. As the stock was able to settle above the upper bound of the ascending channel that was trading within it, thus the bullish path of the stock will continue.

The movement continues above the 7-20-50 MAs that move in an ascending order below the …

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USDJPY analysis 28.01.2020

28.01.2020

Market Review

The US dollar fluctuated in a narrow range tilted to the upside during the Asian session, to witness its bounce for the second session from the lowest since January 8 against the Japanese yen, following the developments and economic data that it had reported on the Japanese economy and on …

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USDCHF analysis 28.01.2020

28.01.2020

Market Review

The currency pair is trading in the range of the round important level 0.9700. The daily timeframe shows that the pair has been in the range of historical lows since mid-2018. Also, on the daily timeframe, the right shoulder of the inverted head and shoulders figure is probably forming now. …

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Trading ideas for The Home Depot, Inc. (NYSE) 28.01.2020

28.01.2020

Market Review

The resistance level of 238.15 is holding back buyers. Stochastic Oscillator indicator signals oversoldness. The MACD indicator generates a downward movement signal. Support level is 229.63.

Trading recommendations:

Sell below 229.63.

Stop loss - 238.15.

Target levels: 222.26; 216.70; 211.00.

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Important support and resistance levels 28.01.2020

28.01.2020

Market Review

EURCAD (28.01.2020)

Time frame

Trend

Call levels

Put levels

Xpir time

Н1

Flat

1.4460; 1.4480; 1.4510; 1.4540; 1.4580.

1.4615; 1.4580; 1.4510; 1.4480.

1-3 TF

Time of publication of important economic news

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EURGBP (28.01.2020)

Time frame

Trend

Call levels

Put levels

Xpir time

Н1

bearish

0.8390; 0.8420; 0.8450; 0.8480; 0.8355. …

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Gold Spot technical analysis 28.01.2020

28.01.2020

Market Review

Gold on the spot is trading higher as the investors are abandoning risk assets, while the demand for defensive assets (including this metal) is increasing. The continued tension over caused by the coronavirus will push prices up.

The price is above the middle Bollinger band, below SMA 5, but above …

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SBER Bank Stock analysis 27.01.2020

27.01.2020

Market Review

The Sber Bank share continues to rise after stabilizing above the 260.95 resistance, continuing the bullish path for the Spire Bank share.

The price remains above 260.95, a prerequisite for the continuation of the bullish price action. While breaching this level will lead the price to the corrective decline towards …

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USDJPY analysis 27.01.2020

27.01.2020

Market Review

The US dollar fluctuated in a narrow range tilted to the upside during the Asian session to witness its bounce from the lowest since January 8th, when it tested the lowest since October 10 against the Japanese yen amid the scarcity of economic data by the Japanese economy at the …

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