Daily reviews

The Australian dollar fluctuated in a narrow range that tends to decline during the Asian session, to witness from the top of it since the sixth of February 2019 against the US dollar after the economic developments and data that we have followed on the Australian economy and before the …

The single currency, the euro, fluctuated in a narrow range that tends to decline during the Asian session, to witness its retracement of the second session from the lowest since May 15, 2018, against the US dollar before the developments and economic data expected on Friday by the economies of …

Gold futures fell during the Asian session to witness their rebound from the highest at all, amid the bounce of the US dollar index for the second session from its lowest since May 14, 2018, according to the inverse relationship between them after the developments and economic data that we …

The US dollar fluctuated in a narrow range slanting to an upside during the Asian session, while it is still in the process of its third consecutive weekly losses against the Japanese yen after the economic developments and data that we followed on the Japanese economy and before the developments …

MTC stock tested the resistance level 340.00 after rising from the support 313.34 and the failure to breach it, and the stock rose higher after it broke through several resistance levels at 233.47 and the level of the moving average 7-20-50.

As the price stabilizes by moving above the 20-50 …

EURCAD

The overall trend is upward. The descending H2 level pattern is truncated. Awesome Oscillator indicates a bullish divergence. A breakout of the resistance level of 1.5783 will result in the formation of an ascending wave pattern within the overall uptrend.

EURCAD rate online: monitor the price movement in …

#BAYN

The price pivot zone of 55.70 is holding back sellers. Bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator indicates an oversold condition.

#BAYN rate online: monitor the price movement in real time.

Trading recommendations:

Buy when an ascending wave pattern is formed, where wave A breaks …

EURUSD

The pair is consolidating in the range of 1.1740–1.1900 ahead of new employment data from the US Department of Labor. If the demand for risk assets persists, the pair will continue to rise against the backdrop of the dollar’s overall fundamental weakness.

Technical side:

The price is above the …

The Australian dollar versus the US dollar is hovering around 0.7200, and we note that the stochastic indicator is getting rid of its negativity to gradually gain positive momentum, waiting for the price to stimulate the resumption of the main bullish trend, which its next target is at 0.7290.

From …

We have nothing new on the movement of Cisco's stock, as the stock continues to provide noticeable positive trades to stabilize trading above the moving averages, which supports expectations of achieving more gains during the upcoming sessions, provided that stability is above the 20 average, which constitutes a support level …