Expert review round-up: Daily trading analysis during the crisis for June 15th
Monday, June 15th, news of the day — the oil prices are sharply declining during today’s trades amidst anticipation of the COVID-19 second wave. Brent is $37,31 per barrel, WTI is $34,47. EUR/USD is at 1.12, GBP/USD is 1.25. The gold price is $1 725,25. Read the daily selection of analytical reviews from Grand Capital experts to navigate the market during a time of volatility.
Markets' Weather with Grand Capital Chief Analyst
Every morning on weekdays, our new Chief Analyst Vladimir Rojankovski in his videos talks about political decisions with market implications, global economy news, announcements from central banks and major companies, news of large economic events. Subscribe to our YouTube channel and never miss an update!
NZDUSD analysis
The overall trend is upward. The currency pair is trading in the range of the round important level 0.6394 and in the range of 365 and 135 moving averages. The descending H2 level pattern is truncated. A bullish divergence has formed on Awesome Oscillator.
Trading ideas for Nestle
There has been a price correction on stock market. The descending H1 level patter has formed. The moving averages of Stochastic Oscillator are in the oversold zone. Buy only when the descending wave pattern is over and the ascending wave is formed.
AUDUSD technical analysis
The correction on global markets supported by anticipation of the second COVID-19 wave, as well as slower growth forecast for the US economy, exerts pressure on higher-yield currencies including Australian dollar. Such sentiments will result in the pair’s decline.
Useful info and online charts
Visit the new section on Grand Capital website to monitor the rate changes of your preferred instruments and get useful information to help you decide on a trading strategy.
*Trading recommendations offered by analysts do not constitute a solicitation. Before starting to trade on currency exchange markets, please make sure that you understand the risks connected with the use of leverage and that you have sufficient level of training.
