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Technical analysis 12.07.19

USDCAD

The pair dropped below the support level of 1.3040 against the background of the local recovery of crude oil prices, as well as the Bank of Canada meeting that left the key interest rate unchanged and positively characterized the state of national economy.

The price is below the middle …

Amazon stock analysis 12.07.2019

AMAZON climbed above the resistance level of 1963.67 to reach the historic high of 2048.00 set in September last year.

The price is hovering above the moving averages 7-7 and 50 which form price support levels and pressure on it to rise and test the resistance again.

Stochastic is moving …

AUD analysis 12.07.2019

The Australian dollar rose against the US today, supported by continued gains in gold as well as pressure on the US currency as a result of speculation of a rate cut by the Federal Reserve.

In his testimony before the Senate Banking Committee, the head of the central bank stressed …

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