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USDSEK analysis 02.04.2020

The overall trend is upward. The descending truncated H4 level pattern ended with a breakout of the inclined channel. Bullish divergence has formed on Awesome Oscillator. A breakout of 10.0845 will result in the formation of an ascending H1 level pattern within the overall uptrend.

Trading recommendations:

Buy above …

USDCAD technical analysis 02.04.2020

The pair is gradually declining amid the strong growth in crude oil prices which rose more than 10%. The positive opening in Europe, as well as the positive movement of the US stock index futures, may support a further local decline of the pair. In general, a flat trend …

USDJPY analysis 01.04.2020

The fluctuation of the US dollar in a narrow range tilted toward retreat, to witness its bounce to the fifth session in seven sessions from the top since February 21 against the Japanese yen after the developments and economic data that it had reported on the Japanese economy and on …

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