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USDJPY analysis 14.01.2020

14.01.2020

Market Review

The fluctuation of the US dollar in a narrow range tilted to the upside during the Asian session to witness the highest since May 23 against the Japanese yen after the developments and economic data that were reported by the Japanese economy, the third largest economy in the world after …

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Trading Ideas for American Express Co. (NYSE) 14.01.2020

14.01.2020

Market Review

The resistance level of 129.00 holds back buyers. A bearish divergence is forming on Awesome Oscillator indicator, and Stochastic Oscillator indicator signals overboughtness.

Trading recommendations:

Sell while the descending pattern is forming, where wave (A) breaks through the inclined channel of the ascending structure, completing it.

Stop loss for the …

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GOLD analysis 14.01.2020

14.01.2020

Market Review

The general trend is upward. Gold is trading in the range of 365 and 135 moving averages. A descending truncated pattern of the H2 level has formed. Bullish divergence was formed on Awesome Oscillator indicator, and Stochastic Oscillator signals oversoldness.

 

Trading recommendations:

Buy while an ascending wave pattern is forming, …

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GBPUSD technical analysis 14.01.2020

14.01.2020

Market Review

The pair is trading above 1.2960 as the Bank of England is no longer expected to hike interest rates before the crucial Brexit decision. The pair may continue to decline following the release of the US consumer inflation data.

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

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SBER Bank stock analysis 13.01.2020

13.01.2020

Market Review

SBER Bank share continues to rise after it managed to break through the resistance 225.80 and reached the next target 264.00. To continue the bullish path for Spur Bank.

Keeping the price above 255.80 is a prerequisite for the continuation of the bullish price action. While breaching this level will …

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USDJPY analysis 13.01.2020

13.01.2020

Market Review

The US dollar fluctuated in a narrow range tilted to the upside during the Asian session, to witness its bounce for the third session in four sessions from the lowest since October 10 against the Japanese yen amid the scarcity of economic data earlier this week by the Japanese economy …

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Gold analysis 13.01.2020

13.01.2020

Market Review

Gold price futures fluctuated in a narrow range tilted toward decline during the Asian session, to witness its bounce for the third session in four sessions from its highest since March 22, 2013, disregarding the US dollar index rebound for the second consecutive session from its highest since December 26 …

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EUR analysis 13.01.2020

13.01.2020

Market Review

The single currency fluctuated the euro in a narrow range tilted to the upside during the Asian session to witness its bounce for the second consecutive session from the top since December 26 against the US dollar on the cusp of developments and economic data expected today by the economies …

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AUD analysis 13.01.2020

13.01.2020

Market Review

The Australian dollar fluctuated in a narrow range tilted to the upside during the Asian session, to witness its bounce for the second session in four sessions, its lowest since December 19 against the US dollar, following the economic developments and data that it had reported on the Australian economy …

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AUDUSD technical analysis 13.01.2020

13.01.2020

Market Review

The pair is trading below 0.6930 in anticipation of the new US-China trade deal to be signed this Wednesday, which may become a driver for local growth of the pair.

The price is above the middle Bollinger band, above SMA 5 and SMA 14. RSI is above the 50% level …

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