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16.03. Fresh trading analysis: European markets rise, dollar is stronger

Tuesday, March 16th, today’s news—European markets rise on positive forecasts from corporations, despite the pandemic worries and suspended use of AstraZeneca vaccine. Oil is down on rising stockpiles and demand concerns, dollar is stronger ahead of the Fed's meeting, Asian markets are up, American stocks unchanged after major indices hit …

NZDJPY analysis

On the W1 timeframe, the currency pair is trading in the range of the upper limit of the descending price channel. The ascending pattern of the H4 level is truncated and the internal pattern of the H1 level is truncated.  Awesome Oscillator shows a bearish divergence, while Stochastic Oscillator …

GOLD technical analysis

The gold price is trading below the important level of 1739.50, having risen earlier amid a local weaker US dollar ahead of the Fed's monetary policy meeting, which will be held today. If the meeting’s outcome puts pressure on the dollar, the quotes of the "yellow metal" will creep …

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