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EURUSD analysis 07.05.2020

 
The round secondary level of 1.0780 is holding back sellers. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversoldness. The level of 88.2% of the assumed wave A H8 is not broken, this allows us to assume that the downward pattern is a correction wave on H8. …

USDRUB technical analysis 07.05.2020

The pair is consolidating in the range of 72.50–75.50 amid a surge of uncertainty regarding the global economy recovering from the coronavirus crisis, while the West, particularly the US, is blaming China for the COVID-19 pandemic. Today, the opening of trading in Russia is expected to be positive due …

Trading ideas for the American Express Co. (NYSE) 07.05.2020


The price pivot zone of 83.90 is holding back sellers. A descending truncated H1 level pattern has formed. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversoldness.

Trading recommendations:

Buy strictly while an ascending wave pattern is forming, where wave A breaks through the inclined channel of …

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