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USDCAD technical analysis 22.01.2020

22.01.2020

Market Review

The pair is trading below 1.3090 in anticipation of the final monetary policy decision of the Bank of Canada. If the bank doesn’t change interest rates and indicates that it won’t happen in the near future, while Candadian inflation data shows a local increase, the pair will become weaker.

The …

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EURUSD analysis 22.01.2020

22.01.2020

Market Review

The round secondary level of 1.1080 holds back sellers. A descending truncated pattern of the H8 level was formed, in which the wave (C) has subwaves of the H4 level, where the wave (C) is also truncated (the formation of a reversal pattern). Also, Awesome Oscillator shows a bullish divergence, …

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AUD analysis 21.01.2020

21.01.2020

Market Review

The Australian dollar fluctuated in a narrow range tilted towards the decline during the Asian session to witness its bounce to the twelfth session in fifteen sessions from its highest since July 23 against the US dollar amid the scarcity of economic data at the beginning of this week by …

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EUR analysis 21.01.2020

21.01.2020

Market Review

The single currency fluctuated the euro in a narrow range tilted to the upside during the Asian session to witness its rebound for the second consecutive session from its lowest since December 24 against the US dollar on the cusp of developments and economic data expected today by the economies …

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Gold analysis 21.01.2020

21.01.2020

Market Review

Gold futures rose during the Asian session to witness the highest since January 8, when I tested the highest for them since March 22, 2013 amid the US dollar index rebound for the second consecutive session from the highest since December 24, according to The inverse relationship between them amid …

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Google Stock analysis 21.01.2020

21.01.2020

Market Review

Google's stock continues the bullish path. As the stock was able to breach 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 price. …

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USDJPY analysis 21.01.2020

21.01.2020

Market Review

The US dollar fell during the Asian session to witness its bounce for the second session in three sessions from its highest since May 23 against the Japanese yen after the developments and economic data that we announced today Monday about the Japanese economy amid the scarcity of economic data …

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Important support and resitance levels 21.01.2020

21.01.2020

Market Review

EURCAD (21.01.2020)

Time frame

Trend

Call levels

Put levels

Xpir time

Н1

bearish

1.4460; 1.4500; 1.4537; 1.4580; 1.4615.

1.4650; 1.4615; 1.4580; 1.4537; 1.4500; 1.4460.

1-3 TF

Time of publication of important economic news

EUR – 13:00.

 

NZDUSD (21.01.2020)

Time frame

Trend

Call levels

Put levels

Xpir time

Н1

bearish

0.6584; …

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EURNZD analysis 21.01.2020

21.01.2020

Market Review

The overall trend is downward. The pivot zone of 1.6820 held back buyers. A bearish divergence has formed on the Awesome Oscillator, and the Stochastic Oscillator moving indicators are in the overbought zone. Breaking through the support level of 1.6745 will result in the formation of a downward pattern of …

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Trading ideas for Intel Corp. (NASDAQ) 21.01.2020

21.01.2020

Market Review

The resistance level of 61.00 holds back buyers. In the range of the expected wave (B), flat (accumulation) has formed. A bearish divergence was formed on Awesome Oscillator TF D1, and Stochastic Oscillator indicator showed an exit from the overbought zone.

Trading recommendations:

Sell below 58.60.

Stop loss – 61.00. …

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