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JPYUSD analysis 20.05.2020

The fluctuation of the US dollar in a narrow range tilted to the up during the Asian session against the Japanese yen after the developments and economic data that were followed by the Japanese economy and on the cusp of developments and economic data expected today by the US economy, …

GBPUSD analysis 20.05.2020

The currency pair is trading in the range of 365 and 135 moving averages and the upper limit of the descending price channel. Awesome Oscillator shows a bearish divergence, while Stochastic Oscillator signals overboughtness. Breaking through the price pivot zone of 1.2232 will result in the formation of a …

Trading ideas for the Bank of New York Mellon Corp. (NYSE) 20.05.2020

The 33.93 support level is holding back buyers. Stochastic Oscillator signals oversoldness. If the price fixes above the resistance level of 33.93, it will have an opportunity to grow within the range of a “specialist trap”—a reversal level of 37.80.

Trading recommendations:

Buy above 33.93.

Stop loss under the …

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