Entries by manager

AUDUSD analysis for 13.08.2020

Consumer Inflation Expectation, Unemployment Rate and Employment Change were released in Australia and the US will publish Unemployment Claims and Continuing Claims. The support rests at 0.71320 with resistance at 0.72160 which the weekly pivot point at 0.71520 is located in between the lines. The EMA of 10 is moving with bullish bias in the […]

GBPUSD analysis for 13.08.2020

UK’s gross domestic product jumped 20.4% and the industrial production grew more than expected. While there are no major economic reports in the UK, GBPUSD will be chiefly under the influence of macro-economic data. The support rests at 1.30060 with resistance at 1.31060 which the weekly pivot point at 1.30740 is located in between the […]

EURUSD analysis for 13.08.2020

The fundamental background for EURUSD is remaining neutral however the new cases of coronavirus is falling down in the US. The support rests at 1.17600 with resistance at 1.18470 which the weekly pivot point at 1.17990 is located in between the lines. The EMA of 10 is moving with bullish bias in the horizontal channel […]

NZDUSD analysis for 12.08.2020

New Zealand released Official Cash Rate, RBNZ Rate Statement and there was RBNZ Press Conference. The US will publish Consumer Price Index and Crude Oil Inventories. The support rests at 0.65300 with resistance at 0.65890 which both lines are below the weekly pivot point at 0.66220. The EMA of 10 is moving with bearish bias […]

USDJPY analysis for 12.08.2020

Core Machinery Orders and Prelim Machine Tool Orders were published in Japan and the US will release Consumer Price Index, Crude Oil Inventories and Federal Budget Balance. The support rests at 106.210 with resistance at 106.900 which both lines are above the weekly pivot point at 105.900. The EMA of 10 is moving with bullish […]

EURUSD analysis for 12.08.2020

US is under pressure due to rallies and protests and the tensions between President Trump and the democrats. The support rests at 1.17000 with resistance at 1.17550 which both lines are below the weekly pivot point at 1.17990. The EMA of 10 is moving with bearish bias in the descendant channel and it is above […]

USDCHF analysis for 11.08.2020

Switzerland’s unemployment rate did not change and today the US will release PPI and PPI Core. The support rests at 0.91230 with resistance at 0.91870 which the weekly pivot point at 0.91390 is located in between the lines. The EMA of 10 is moving with bullish bias in the ascendant channel and it is located […]

GBPUSD analysis for 11.08.2020

There are no major economic reports in the US but the UK will publish Claimant Count Change, Claimant Count Rate and Average Earnings Index. The support rests at 1.30340 with resistance at 1.31210 which the weekly pivot point at 1.30740 is located in between the lines. The EMA of 10 is moving horizontally in the […]

EURUSD analysis for 11.08.2020

The US JOLTS job openings grew unpredictably and Euro-zone’s Sentix investor confidence index grew as well. The support rests at 1.16960 with resistance at 1.17800 which both lines are below the weekly pivot point at 1.17990. The EMA of 10 is moving with bearish bias in the ascendant channel and it is above the EMA […]

Gold analysis for 10.08.2020

USD is getting empowered by the US economic data. The support rests at 2025.34 with resistance at 2042.34 which both lines are above the weekly pivot point at 2019.83. The EMA of 10 is moving with bearish bias in the ascendant channel and it is above the EMA of 200 and the EMA of 100. […]