Daily reviews

USDCAD

The pair is declining amid the low oil stockpiles in the US, as seen from the released data. Another negative factor for the pair is the weak US dollar and the positive outlook for commodity assets as the global economy recovers.

Technical side:

The price is below the middle …

Tuesday, December 29th, today’s news—optimism dominates the markets after the new stimulus package in the US was signed and post-Brexit trade deal was reached. American, European, and Asian markets trade higher, Dow futures are up more than 100 points after the record-setting rally on Wall Street, oil rises, dollar is …

Futures contracts for gold prices fluctuated in a narrow range tending to decline during the Asian session amid the negative stability of the US dollar index according to the inverse relationship between them on the cusp of developments and economic data expected today, Tuesday, by the US economy, the largest …

The Australian dollar fluctuated in a narrow range that tends to rise during the Asian session, to witness its rebound to the fourth session in six sessions from its lowest since the tenth of December against the US dollar amid a scarcity of economic data by the Australian economy and …

#ITW

The overall trend is upward. The descending pattern is truncated. The stock is trading in the range of 365 and 135 moving averages. Awesome Oscillator shows a bullish divergence. A breakout of the resistance level of 205.20 will result in the formation of an upward pattern within the overall …

EURUSD

The pair remains in a short-term uptrend as Brexit deal brings stability, while the new support package in the US also weakens the dollar.

Technical side:

The price is above the middle Bollinger band, above SMA 5 and SMA 14. RSI is above the 50% level and continues to …

CADJPY 

The price pivot zone of 82.00 held back buyers. Awesome Oscillator shows a bearish divergence, while Stochastic Oscillator signals an overbought condition. 5 EMA crossed the 22 EMA moving downward, after that the price returned to the range of moving averages.

The ascending H2 level pattern is truncated. …

Thursday, December 24th, today’s news—the US President Donald Trump signs the economic relief bill after days of delay. European markets rise, Dow futures are up more than 100 points, dollar is weaker, gold rises. The price of Brent oil is $51.73, WTI—$48.64, EUR/USD is at 1.2238, GBP/USD—1.3553, gold is $1,885.40 …

The Australian dollar against the US dollar maintained its stability above the support of the ascending channel that appears on the image, heading towards resuming the main bullish trend again, on its way to achieve positive targets that start at 0.7640 and extend to 0.7700.
 
Thus, the upside will …

Gold futures rose during the Asian session amid the negative stability of the US dollar index according to the reverse relationship, amid scarce economic data today, Monday by the US economy, the largest economy in the world, and in the wake of US President Donald Trump's signing of the new …