Daily reviews

USDJPY

The pair remains in a very narrow range of 106.60–108.00 amid the uncertainty over the global economic growth. The yen, as a safe haven currency, clearly shows this by its consolidating in this range. This trend is likely to continue for some time.

Technical side:

The price is above …

USDCAD

The currency pair is trading in the range of the upper border of the descending price channel. Stochastic Oscillator indicates an overbought condition, while Awesome Oscillator indicates a bearish divergence. The ascending H1 level pattern is truncated.

USDCAD rate online: monitor the price movement in real time.

Trading …

The Australian dollar versus the US dollar pair grounded on the EMA50 and begins to offer positive, quiet trading now,

In conjunction with positive signs appearing through the stochastic, awaiting the resumption of the expected bullish direction in the intraday and short term, whose targets begin by testing the 0.7064 …

The euro currency fluctuated in a narrow range tilted to the upside during the Asian session to prepare for its fourth consecutive weekly gains against the US dollar before the economic developments and data expected on Friday by the euro area economies, which include the meeting of the European Union …

The gold price fluctuated in a narrow range tilted to the upside during the Asian session while still in the first weekly losses in six weeks, with the US dollar index resumed the decline marches that stopped yesterday for the first time in five sessions according to the inverse relationship …

The fluctuation of the US dollar in a narrow range slanted toward decline during the Asian session, to watch its bounce for the ninth session in thirteen sessions from its top since the ninth of June amid the scarcity of economic data by the Japanese economy in the last sessions …

#GAZPROM

Gazprom is a major company, strategically important for the country. The company carries out very important projects such as Nord Stream, Power of Siberiam and others. The company is also increasing the production rates. One example is the Kovykta field in the Irkutsk Oblast. Currently, seven drilling rigs are …