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EURUSD analysis 05.02.2020

The support level of 1.1033 holds back sellers. A descending truncated pattern of the H1 level has formed, which is probably a correction of the ascending pattern of the H4 level. Stochastic Oscillator indicator signals oversoldness.

Trading recommendations:

Buy while an ascending pattern is forming, where the wave (aC) breaks …

USDJPY analysis 05.02.2020

The fluctuation of the US dollar in a narrow range slanted toward decline during the Asian session, to witness its bounce to the tenth session in fourteen sessions from its highest since May 23 against the Japanese yen amid the scarcity of economic data by the Japanese economy and on …

Gold analysis 05.02.2020

Gold price futures oscillated in a narrow range tilted back down during the Asian session to witness its bounce for the second consecutive session from its highest since January 8, when it tested its highest since March 22, 2013 amid the rise in the US dollar index for the third …

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