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Gold analysis 03.09.2020

Futures contracts for gold prices fluctuated in a narrow range slanting to rise during the Asian session, overlooking the rebound of the US dollar index for the third consecutive session from its lowest since late April of 2018 according to the inverse relationship between them on the cusp of developments …

USDJPY analysis 03.09.2020

The US dollar fluctuated in a narrow range slanting to an upside during the Asian session, to witness its retracement to the fifth session from its lowest since August 19 against the Japanese yen amid scarce economic data by the Japanese economy and on the cusp of economic developments and …

Trading ideas for PJSC Magnitogorsk iron and steel works 03.09.2020

#MAGN

The “long-legged doji” candlestick pattern has formed on the H4 level timeframe from the support level of 37.30. This candlestick pattern points at a likely reversal. Stochastic Oscillator indicates an oversold position, and Awesome Oscillator shows a bullish divergence.

Trading recommendations:

Buy when an ascending pattern 1-2-3 is formed, …

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