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05.05. Fresh trading analysis: European markets are up, dollar strengthens

Wednesday, May 5th, today’s news—European markets rebound on positive corporate earnings, investors monitor important economic data releases. Ethereum hits a record high, outpaces bitcoin in growth, US Treasury Secretary Janet Yellen hints at higher interest rates, dollar is up. The price of Brent oil is $69.72, WTI—$66.44, EUR/USD is at 1.1990, …

Gold analysis

Futures contracts for gold prices fluctuated in a narrow range slanting to an upward trend during the Asian session, to witness their rebound for the second session in five sessions from the lowest since mid-April amid the bounce of the US dollar index for the second session from its highest …

Gazprom analysis

 

 

 

Gazprom shares returned to test the resistance level at 235.50 again, and continues with the sideways movement that it was moving within after it tested the previous resistance and rebounded from it.

The price is moving above the 7-20-50 moving averages that are forming support levels for …

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