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Gold analysis 16.01.2020

16.01.2020

Technical reviews

Gold price futures fluctuated in a narrow range tilted toward decline during the Asian session to witness its bounce back for the fifth session in six sessions from the top since March 22, 2013 amid the US dollar index rebounding to the eighth session in thirteen sessions from the lowest …

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USDJPY analysis 16.01.2020

16.01.2020

Technical reviews

The US dollar fluctuated in a narrow range tilted to the upside during the Asian session, to witness its rebound to the fifth session in seven sessions from the lowest since October 10 against the Japanese yen after the developments and economic data that it had reported on the Japanese …

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Trading ideas for The Home Depot, Inc. (NYSE) 16.01.2020

16.01.2020

Technical reviews

The overall trend is downward. The resistance level of 225.50 holds back buyers. A bearish divergence was formed on the MACD indicator, and Stochastic Oscillator indicator showed an exit from the overbought zone.

Trading recommendations:

Sell below the support level of 222.40.

Stop loss for the resistance level of 225.50. …

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AUDJPY analysis 16.01.2020

16.01.2020

Technical reviews

The resistance level of 76.08 holds back buyers. An H2 level ascending truncated patternhas formed. The formation of a bearish divergence on Awesome Oscillator indicator also indicates the weakness of the pattern.

 

Trading recommendations:

Sell while the descending pattern is forming, where the wave (A) breaks through the inclined channel …

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EURUSD technical analysis 16.01.2020

16.01.2020

Technical reviews

The pair is trading in a short-term uptrend, above 1.1140 level. If the minutes of the ECB's December meeting published today show a lack of consensus on the prospects for a soft monetary policy of the regulator, this may push the pair to further growth.

The price is above the …

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EURUSD technical analysis 15.01.2020

15.01.2020

Technical reviews

The pair is trading below 1.1140 in anticipation of the new US-China trade deal to be signed today. This event, as well as the ambiguous US consumer inflation data published on Tuesday, will lead to a local growth of the pair.

The price is above the middle Bollinger band, above …

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USDJPY analysis 15.01.2020

15.01.2020

Technical reviews

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 May 23 against the Japanese yen, following the developments and economic data that it depended on the Japanese economy, which included …

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Gold analysis 15.01.2020

15.01.2020

Technical reviews

Gold price futures 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 3 this year amid the US dollar index rebound for the second session in four sessions from the highest since 26 …

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EUR analysis 15.01.2020

15.01.2020

Technical reviews

The euro currency fluctuated in a narrow range tilted to the upside during the Asian session to witness its bounce back for the third session in four weeks from the lowest since December 26 against the US dollar on the cusp of developments and economic data expected today Wednesday by …

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AUD analysis 15.01.2020

15.01.2020

Technical reviews

The Australian dollar fluctuated in a narrow range tilted toward the decline during the Asian session, to witness its bounce for the eighth session in eleven sessions from the top since July 23 against the US dollar amid the scarcity of economic data by the Australian economy and on the …

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