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CADCHF (21.02.2020)

Time frame

Trend

Call levels

Put levels

Xpir time

Н1

Бычий

0.7337; 0.7362; 0.7388; 0.7426.

0.7443; 0.7426; 0.7405; 0.7388; 0.7362.

1-3ТФ

Time of publication of important

CAD – 16:30.

 

USDCAD (21.02.2020)

Time frame

Trend

Call ...

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CADCHF (21.02.2020)

Time frame

Trend

Call levels

Put levels

Xpir time

Н1

Бычий

0.7337; 0.7362; 0.7388; 0.7426.

0.7443; 0.7426; 0.7405; 0.7388; 0.7362.

1-3ТФ

Time of publication of important

CAD – 16:30.

 

USDCAD (21.02.2020)

Time frame

Trend

Call levels

Put levels

Xpir time

Н1

Flat

1.3212; 1.3225; 1.3270; 1.3320.

1.3320; 1.3225; 1.3212.

1-3TF

Time of publication of important

USD – 18:00.

CAD – 16:30.

 

When buying an option against a trend, it is necessary to confirm other technical analysis tools – the presence of divergence, candlestick reversal patterns. Buy against the trend strictly on the retest level! Buying an option before publishing important economic news is considered risky.  The expiration time depends on the strength of the level and confirmation by additional technical and fundamental analysis tools.

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On the weekly timeframe, the historical support level of 1.0607 is being tested. Awesome Oscillator indicator generates a bullish divergence, while Stochastic Oscillator signals oversoldness.

A Bullish divergence along with oversoldness have also formed on the H1 timeframe. The pair is trading in the range of the round important ...

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On the weekly timeframe, the historical support level of 1.0607 is being tested. Awesome Oscillator indicator generates a bullish divergence, while Stochastic Oscillator signals oversoldness.

A Bullish divergence along with oversoldness have also formed on the H1 timeframe. The pair is trading in the range of the round important 1.0600 level.

Trading recommendations:

Buy while an ascending structure is forming strictly above the round secondary level of 1.0620.

Stop loss under the local minimum.

Target levels: 1.0650; 1.0680.

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The overall trend is downward. The support level of 136.50 is holding back sellers. Breaking through the level will result in the formation of a descending pattern 123. The moving averages of Stochastic Oscillator indicator have crossed and are located near the overbought zone.

Trading recommendations:

Sell below 136 ...

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The overall trend is downward. The support level of 136.50 is holding back sellers. Breaking through the level will result in the formation of a descending pattern 123. The moving averages of Stochastic Oscillator indicator have crossed and are located near the overbought zone.

Trading recommendations:

Sell below 136.50.

Stop Loss: 138.87.

Target levels: 133.30; 130.00.

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The pair is consolidating above 1.0780 in anticipation of data on production indicators and consumer inflation in Germany and the eurozone, as well as in the US. If the overall values are weaker than expected in Germany and the eurozone, and at least at the predicted level in the ...

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The pair is consolidating above 1.0780 in anticipation of data on production indicators and consumer inflation in Germany and the eurozone, as well as in the US. If the overall values are weaker than expected in Germany and the eurozone, and at least at the predicted level in the US, the pair will be likely to resume decline.

The price is below the middle line of the Bollinger indicator, at SMA 5 and below SMA 14. RSI is below the 50% level and moves horizontally. Stoch are uninformative.

Trading recommendations:

Sell the pair after it crosses the level of 1.0780 with a likely target of 1.0720 or even below 1.0700.

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The fluctuation of the US dollar in a narrow range slanted toward decline during the Asian session to witness its bounce for the second session from the top since the beginning of the 25th of last April against the Japanese yen, following the developments and economic data that it followed ...

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The fluctuation of the US dollar in a narrow range slanted toward decline during the Asian session to witness its bounce for the second session from the top since the beginning of the 25th of last April against the Japanese yen, following the developments and economic data that it followed from the Japanese economy, the third largest economy in the world and on the threshold of developments and economic data expected Today, Friday, by the US economy, the largest economy in the world, which includes the speech of members of the Federal Open Market Committee.

At 05:59 am GMT, the US dollar pair fell against the Japanese yen by 0.13% to 111.95 levels compared to the opening levels at 112.10, after the pair achieved its lowest level during the trading session at 111.92, while achieving the highest at 112.19.

We have followed the disclosure of the initial reading of the industrial purchasing managers' index by Markit on Japan, which showed the contraction widened to 47.6 compared to 48.8 in January, before we witnessed the Japanese economy, the third largest industrialized country in the world, issued a reading of the index of all industrial activities, which Stability at zero levels versus a 0.9% rise in November showed worse than expectations for slowing growth to 0.3%.

On the other hand, it is expected that the Federal Open Market Committee member and Dallas Fed President Robert Kaplan will deliver the opening speech at a conference hosted by the Dallas Fed, before we witness the disclosure of the initial reading of the Markit manufacturing PMI for the United States, which may reflect the stability of The breadth was at 53.3, little changed from the previous reading in January.

This also comes in conjunction with the disclosure of the initial reading of the Markit Services PMI for America, which may show a shrinkage in value to 51.5 compared to 51.9 in the previous reading in January, and before we witness the disclosure of housing market data with the release of the Home Sales Index The list, which could show a decline of 1.7% to 5.46 million homes, compared to a rise of 3.6% at 5.54 million homes in December.

Up to the participation of two other members of the Federal Committee in the US Monetary Policy Forum 2020 in New York, each of the Deputy Governor of the Federal Reserve, Lyle Brenard, who is scheduled to participate in a seminar on monetary policy for the next recession, and that we are witnessing the participation of another Deputy Governor of the Federal Reserve, who is Richard Clarda is in another panel discussion entitled "Hall of Mirrors: Feedback between Monetary Policy and Financial Markets".

Technical analysis

The dollar against the yen continues its bullish rally to breach the 111.50 level and settles around the 112.00 barrier, which supports expectations of achieving more gains in the short and intraday basis, and the path is open for visiting the bullish channel resistance that appears in the picture at 112.70.

Therefore, we will continue to favor the bullish trend for the upcoming period, taking into consideration that the continuation of the expected rise requires stability above 111.30.

The expected trading range for today is between 111.50 support and 112.70 resistance.

Expected trend for today: bullish.

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Gold price futures fluctuated in a narrow range tilted to the upside during the Asian session to witness the highest since February 15, 2013 amid the rebound in the US dollar index for the second session from the top since April 21 of 2017 according to the inverse relationship between ...

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Gold price futures fluctuated in a narrow range tilted to the upside during the Asian session to witness the highest since February 15, 2013 amid the rebound in the US dollar index for the second session from the top since April 21 of 2017 according to the inverse relationship between them on The expected economic developments and data on Friday by the US economy and in the shadows of investors' assessment of the spread of the Corona virus in exchange for stimulus from global central banks.

At exactly 04:12 AM GMT, gold futures for April delivery rose 0.25% to trade at $ 1,627.60 per ounce compared to the opening at $ 1,623.60 per ounce, knowing that the contracts started the trading session on an upward price gap after it concluded yesterday's trading At $ 1,620.50 an ounce, with the US dollar index down 0.01% to 99.84 compared to the opening at 99.85.

It is expected that the Federal Open Market Committee member and President of the Dallas Federal Reserve Bank Robert Kaplan will deliver the opening speech at a conference hosted by the Federal Reserve Bank of Dallas, before we witness the disclosure of the initial reading of the manufacturing PMI for the United States, the world's largest industrial country, which It may reflect the stability of the expansion at a value of 53.3, little changed from the previous reading last January.

This also comes in conjunction with the disclosure of the initial reading of the Markit Services PMI for America, which may show a shrinkage in value to 51.5 compared to 51.9 in the previous reading in January, and before we witness the disclosure of housing market data with the release of the Home Sales Index The list, which may show a decline of 1.7% to 5.46 million homes, compared to a rise of 3.6% at 5.54 million homes last December.

Up to the participation of two other members of the Federal Committee at the US Monetary Policy Forum 2020 in New York, each of the Deputy Governor of the Federal Reserve Bank of Elle Brenard, who is scheduled to participate in a seminar on monetary policy for the next recession, and we are witnessing the participation of another Deputy Governor of the Federal Reserve, Richard Clararda is in another panel discussion entitled "Hall of Mirrors: Feedback between Monetary Policy and Financial Markets".

This comes hours after the minutes of the Federal Open Market Committee meeting held on January 28-29, during which members of the committee approved the maintenance of short-term benchmark interest rates between 1.50% and 1.75% for the third meeting, respectively. The minutes mentioned that the current monetary policy is appropriate and will remain in place for some time, indicating that the interest on federal funds remains unchanged during the coming period.

It is noteworthy that the Federal Reserve Governor Jerome Powell expressed during the press conference held after the meeting of the Federal Committee at the time, that the decisions of the committee depend on the economic data received, while touching that if inflation rates remain below the target of the Federal Reserve, this may lead to a reduction Expectations of inflation and thus reduce short-term interest rates, adding that inflation is expected to reach the target within the next three months.

Powell also noted at the time that the Federal Reserve is seeking to avoid the stability of inflation below the target of two percent, with his statement that there will be slight adjustments to the reserve reserve mandatory and that the general budget will continue to expand over time, adding that the Federal Reserve expects support from repurchases during April / This April, with the indication that it is regrettable that the Coruna virus is spreading and that it is expected to have a negative impact on the Chinese economy.

Powell also touched on the fact that the Federal Reserve is closely monitoring the situation regarding the spread of the Corona virus and its impact on the economy, while stating that there are some cautious optimism about the global economy, pointing out that the financial conditions are improving and trade tensions have declined, indicating that his country signed with China for the first stage of the trade agreement. This is in addition to the decrease in the chances of Britain leaving without an agreement from the European Union, which contributes to supporting the positive expectations.

Other than that, we followed on Thursday, WHO Director-General Tidros Adhanum Gebresos told the media that the decrease in the number of coronavirus cases outside China "may not be the same for a long time", and this came in conjunction with South Korea's announcement of the first death from the deadly virus And the benefit of the rise of new confirmed cases there, sharply, specifically by 22% to a total of 104 cases infected with the Corona virus.

On the other hand, we also followed yesterday that the monetary policy makers of the People's Bank of China (the Chinese Central Bank) reduced the interest rate on lending for a year by 10 basis points and for a period of five years by 5 basis points, and that step came hours after the Chinese Central Bank last Monday By reducing the interest rate of the average term loans by ten basis points to 3.15% from 3.25%, amid the intensification of liquidity easing measures and financing conditions in the face of financial pressures on the second largest economy in the world due to the spread of Corona.

Technical analysis

Gold price managed to achieve our second target 1625.00 and is trying to surpass it now, to support the chances of achieving a further rise in the short term, as the price organizes within bullish channels that appear in the above chart, noting that our next target reaches 1668.00.

Consequently, the bullish trend scenario will remain likely during the upcoming sessions with support from the EMA50, taking into consideration that a break of 1611.20 will press the price to drop and test the support of the bullish channel at 1577.00 before any new attempt to rise.

The expected trading range for today is between 1615.00 support and 1650.00 resistance.

Expected trend for today: bullish.

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The euro currency fluctuated in a narrow range slanting upward during the Asian session to witness its bounce for the second session from the lowest since April 2017, while it is still facing its third consecutive weekly losses against the US dollar on the cusp of developments and economic data ...

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The euro currency fluctuated in a narrow range slanting upward during the Asian session to witness its bounce for the second session from the lowest since April 2017, while it is still facing its third consecutive weekly losses against the US dollar on the cusp of developments and economic data expected on Friday by the economies The euro area and the US economy are the largest in the world and include recent members of the Federal Open Market Committee.

At 05:31 am GMT, the euro against the US dollar rose 0.08% to 1.0794 levels compared to the opening levels at 1.0785, which is the lowest level for the husband during the trading session, while the pair achieved its highest level during the trading session at 1.0795.

Currently, markets are looking for both the French and German economies and the economies of the region as a whole. The first reading of the Markit index of industrial and service purchasing managers for the current month, which may reflect the breadth of the service sector and the shrinking of the breadth of industry in France, the shrinking of the services sector and the shrinking of the industrial sector in Germany and the economies of the region as a whole .

This comes before we witness the disclosure of inflation data for the eurozone economies as a whole with the release of the annual final reading of the consumer price index, which may reflect the stability of growth at 1.4%, little changed from the initial reading for January and 1.3% in the previous reading for the first month of Kaun Last December, as the substantial annual reading of the same index may show, the growth rate is at 1.1%, also without significant change from the initial reading and against 1.3%.

On the other hand, it is expected that the Federal Open Market Committee member and Dallas Fed President Robert Kaplan will deliver the opening speech at a conference hosted by the Dallas Fed, before we witness the disclosure of the initial reading of the Markit manufacturing PMI for the United States, which may reflect the stability of The breadth was at 53.3, little changed from the previous reading in January.

This also comes in conjunction with the disclosure of the initial reading of the Markit Services PMI for America, which may show a shrinkage in value to 51.5 compared to 51.9 in the previous reading in January, and before we witness the disclosure of housing market data with the release of the Home Sales Index The list, which could show a decline of 1.7% to 5.46 million homes, compared to a rise of 3.6% at 5.54 million homes in December.

Up to the participation of two other members of the Federal Committee at the US Monetary Policy Forum 2020 in New York, each of the Deputy Governor of the Federal Reserve Bank of Elle Brenard, who is scheduled to participate in a seminar on monetary policy for the next recession, and we are witnessing the participation of another Deputy Governor of the Federal Reserve, Richard Clararda is in another panel discussion entitled "Hall of Mirrors: Feedback between Monetary Policy and Financial Markets".

Technical analysis

The EURUSD pair did not show any strong movement in the previous sessions, to continue moving within a stable stable range below the 1.0800 barrier, and therefore, there is no change in the scenario of the bearish trend that depends on stability below 1.0860, which is supported by the negative pressure formed by the EMA50, with Remember that our main awaited targets start at 1.0760 then 1.0680.

The expected trading range for today is between 1.0700 support and 1.0860 resistance.

Expected trend for today: bearish.

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The Australian dollar versus the US dollar continues to decline, approaching the support of the descending channel that appears in the picture, which supports the chances of achieving further decline during the upcoming sessions, reminding us that we are waiting for the 0.6560 level to be tested as a ...

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The Australian dollar versus the US dollar continues to decline, approaching the support of the descending channel that appears in the picture, which supports the chances of achieving further decline during the upcoming sessions, reminding us that we are waiting for the 0.6560 level to be tested as a next negative station.

Therefore, the downside scenario will remain intact and active in the intraday and short term provided that the price maintains its stability below 0.6670.

The expected trading range for today is between 0.6560 support and 0.6640 resistance.

Expected trend for today: bearish.

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The Australian dollar fell during the Asian session to witness its lowest level since March 18 of 2009 against the US dollar, following the developments and economic data that it had reported on the Australian economy and on the cusp of developments and economic data expected Thursday by the US ...

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The Australian dollar fell during the Asian session to witness its lowest level since March 18 of 2009 against the US dollar, following the developments and economic data that it had reported on the Australian economy and on the cusp of developments and economic data expected Thursday by the US economy, the largest economy in the world.

At exactly 02:53 AM GMT, the Australian dollar pair declined against the US dollar by 0.51% to 0.6641 levels, compared to the opening levels at 0.6674, after the pair achieved its lowest in more than a decade at 0.6633, while achieving the highest during trading The session is at 0.6695.

This has followed us on the Australian economy, the disclosure of labor market data with the release of the unemployment rate reading, which showed an increase to 5.3% compared to 5.1% last December, worse than the expectations that indicated its rise to 5.2%, and this came with the reading of the change index showing in Employment, up to about 13.5 thousand, compared to a rise of about 28.7 thousand in December, is better than expectations, which indicated an increase to about 10.0 thousand.

On the other hand, investors are currently waiting for the US economy to disclose data on the industrial sector with the release of the Philadelphia Industrial Index reading, which may reflect a shrinkage in breadth to 10.1 compared to 17.0 last January, and this comes in conjunction with the release of the index of aid requests for the week Last February 15th, which may reflect a rise of 5 thousand requests to 210 thousand requests compared to 205 thousand requests in the previous weekly reading.

This also comes in conjunction with the issuance of the reading of the continuous benefit requests index for the past week on the eighth of this week, which may reflect an increase of 19 thousand applications to 1,717 thousand applications compared to 1,698 thousand requests in the previous weekly reading, up to the disclosure of reading the leading indicators that may appear Up 0.4%, compared to a decline of 0.3% in December.

This comes hours after the minutes of the Federal Open Market Committee meeting held on January 28-29, during which members of the committee approved the maintenance of short-term benchmark interest rates between 1.50% and 1.75% for the third meeting, respectively. The minutes mentioned that the current monetary policy is appropriate and will remain in place for some time, indicating that the interest on federal funds remains unchanged during the coming period.

Technical analysis

The Australian dollar versus the US dollar managed to break the 0.6670 level and is trying to stabilize below it, which supports the continuation of our effective expectations for the downside trend during the coming period, paving the way for the trend towards 0.6560 which represents our next main station.

Therefore, we await further decline today, noting that stability below 0.6670 is important for the continuation of the suggested bearish bias.

The expected trading range for today is between 0.6580 support and 0.6670 resistance.

Expected trend for today: bearish.

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Cisco shares returned to the movement below the support level 46.89 after being able to stabilize below it to continue the side movement.

The stock is now moving below the moving averages, which are moving above the price and forming resistance levels for it.

The stochastic oscillator is in ...

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Cisco shares returned to the movement below the support level 46.89 after being able to stabilize below it to continue the side movement.

The stock is now moving below the moving averages, which are moving above the price and forming resistance levels for it.

The stochastic oscillator is in a bearish path towards the oversold zone, thus influencing the price and pushing it down and testing the support level 43.88.

General direction of movement: both sides tend to fall.

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