Daily Archives: April 21, 2020

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Trading ideas for 3MCo Tech

The price pivot zone of 151.00 holds back buyers. Stochastic Oscillator signals overboughtness. The inclined channel of the ascending pattern is broken by the formation of a descending 1-2-3 pattern. Trading recommendations: Sell below 143.00. Stop loss: 151.00. Target levels: 131.00; 123.00.

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EURUSD Tec technical

The pair consolidates above 1.0825 in anticipation of the new ZEW economic sentiment index for the eurozone and Germany. Negative values caused by chaos in the European Union due to the coronavirus impact can lead to a new local drop in the price. Technical side: The price is below the middle Bollinger band, below SMA 5 and SMA 14, which…

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USDJPY Tech analysis

The fluctuation of the US dollar in a narrow range slanted toward decline during the Asian session, to witness its bounce to the seventh session in the twelve sessions from the top since March 27 against the Japanese yen amid the scarcity of economic data by the Japanese economy and on the cusp of developments and economic data expected today…

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Gold Tech analysis

Gold price futures fluctuated in a narrow range that tilted toward a decline during the Asian session, to witness its bounce for the fourth session in six sessions from its highest since October 5, 2012 amid the US dollar index rebound to the fourth session in five sessions from the lowest since 30 of March / March according to the…

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EURUSD Tec analysis

The euro currency fluctuated in a narrow range slanting back down during the Asian session to witness its bounce to the fourth session in five sessions from the top since the beginning of April this year against the US dollar on the threshold of developments and economic data expected today by the economies of the euro area and the US…

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AUDUSD Tech analysis

The Australian dollar fell during the Asian session to witness its bounce back for the third session in six sessions from its highest since last March 12 against the US dollar after the disclosure of the minutes of the Australian Central Bank meeting and before the expected talk to the Reserve Bank of Australia Governor Philip Lowe in the Australian…

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