Daily reviews

Gold futures fluctuated in a narrow range tilted to the downside during the Asian session, to witness its rebound for the second session in three sessions from its highest since January 7th, while the US dollar index resumed its rebound from its lowest since the same day for the fourth …

The Australian dollar fluctuated in a narrow range tilted towards decline during the Asian session, to witness its rebound to the second session from its highest since May 26 against the US dollar, following the developments and economic data that we followed about the Australian economy and on the cusp …

EURUSD

The pair continues to consolidate in the range of 1.2170-1.2260 on the wave of expectations for the publication of important data on employment in the US, which will be published today by ADP, and on Friday by the US Department of Labor.

Technical side:

The price is located below …

EURNZD

The ascending pattern of the H2 level is truncated, the inner pattern is also truncated. Awesome Oscillator shows a bearish divergence, while Stochastic Oscillator signals overbought conditions. Probably the ascending truncated of the H2 level is the wave (B) of the descending wave pattern of the H8 level.

EURNZD …

Wednesday, June 2nd, today’s news—the US S&P 500 index closed in the red on Tuesday under pressure from shares in the health and technology sectors, which, at the same time, was offset by growth in the energy and financial sectors: investors weighed fresh economic data from the US in search …

The dollar against the yen pair returns to rise after building on the EMA50, which constitutes a good support for the price, to keep the bullish trend valid on the intraday and short term, noting that our awaited targets start at 110.60 then 111.05.

On the other hand, it …

Gold futures fluctuated in a narrow range tilted to the downside during the Asian session, to witness its rebound for the second consecutive session from its highest level since January 7th, ignoring the negative stability of the US dollar index, according to the inverse relationship between them on the cusp …

AUDUSD

The currency pair is trading in the range of the upper limit of the descending price channel. The ascending wave pattern of the H2 level is truncated. Awesome Oscillator shows a bearish divergence. The inclined channel of the ascending pattern is broken.

Trading idea:

Sell when a descending pattern …

#BN

The overall trend is upward. The descending wave pattern is truncated. The support level of 57.86 is holding back sellers. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold conditions.

Trading idea:

Buy when an ascending wave pattern is formed, where the wave (A) breaks through the …

EURUSD

The pair continues to consolidate in the range of 1.2170-1.2260 due to expectations for the important data on employment in the US, which will be published on Thursday by ADP, and on Friday by the US Department of Labor.

Technical side:

The price is located at the level of …