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03.02. Fresh trading analysis: markets rise, strong earnings reports

Wednesday, February 3rd, today’s news—markets continue to rise amid strong earnings reports: Siemens and Volvo posted profits above the expectations, while on the other side of the pond, Amazon and Alphabet released positive earnings reports. Asia-Pacific markets are mixed, dollar is stronger. The price of Brent oil is $57.95, WTI—$55.11, …

USDJPY analysis

The dollar against the yen succeeded in reaching our awaited target at 105.20 and stabilizing near it, noting that the stochastic indicator is trying to gather positive momentum on intraday time frames, to support the chances of continuing the bullish wave and surpassing the aforementioned level to open the way …

Gazprom analysis

 

Gazprom share continues to decline after Miser confirmed the level of support at 220.25 during the past week, thus continuing with the bearish path.

The two  SMA of 7-20 are pressuring the price to the downside, as the average 20 moves with the broken support level, which turned into …

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