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GOLD overview 24.11.2020

Gold falls on Trump agreeing to transition power. Gold falling strongly on the widespread risk-on sentiment after Trump indicated the agreement to transition the power to the president elect Biden – clearing the major source of uncertainty regarding the USA election. The other factor which emboldened the gold bears is the announcement by AstraZeneca that […]

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NZDUSD 24.11.2020

Medium-term trend: Bullish The bull market is continuing. The price has already reached the target zone №1 0.69782-0.69687 and it is going to the target zone №2 0.70622-0.70537. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 0.69038-0.68953. In case of the […]

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BITCOIN 24.11.2020

Medium-term trend: Bullish The bull market is continuing. The price has already reached the target zone №1 18900.64-18810.00 and it is going to the target zone №2 19807.16-19716.52. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 17920.67-17830.03. In case of the […]

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GBPUSD overview 23.11.2020

GBPUSD surges on vaccine and Brexit optimism. GBPUSD continues to rise strongly under the dual effect of the significant USD outflows and equally strong GBP inflows. The USD outflows are the reflection of the strengthening market optimism as the multiple vaccine developers are preparing for mass vaccination after reaching positive test results in the 3rd […]

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USDCAD 23.11.2020

Medium-term trend: Bullish The bull market is continuing. The price has already reached the target zone №1 1.31856-1.31735 and it is going to the target zone №2 1.33120-1.32996. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 1.30485-1.30366. In case of the […]

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EURUSD 23.11.2020

Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 1.18039-1.17923 and it has a potential to reach the target zone №2 1.16879-1.16763. The best prices to try to have a short position are the control resistance zone 1.18730-1.18614. In case of the price is fixed upper the control […]

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BRENT overview 20.11.2020

Oil rises on vaccine hopes. Oil continues to rise – expected to post the third consecutive weekly gain – largely under the market expectation that fuel demand will be saved due to the vaccine rollout being planned earlier than was expected a month ago. Prospects for effective COVID-19 vaccines and hopes OPEC+ will continue to […]

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USDJPY 20.11.2020

Medium-term trend: Bullish The bull market is continuing. The price has already reached the target zone №1 105.097-104.920 and it is going to the target zone №2 106.894-106.711. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 103.918-103.745. In case of the […]

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USDCHF 20.11.2020

Medium-term trend: Bullish The bull market is continuing. The price has already reached the target zone №1 0.91299-0.91166 and it is going to the target zone №2 0.92687-0.92550. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 0.90554-0.90423. In case of the […]

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AUDUSD overview 19.11.2020

AUDUSD falls on COVID-19 case rise. AUDUSD falling under the dual forces of the simultaneous AUD bearishness and USD bullishness as the markets have shifted in more risk-off sentiment after realizing that even the best performing vaccines will not be administered soon enough to stop or even slow the continuous economic damage caused by the […]