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Gold price futures fell during the Asian session to witness its rebound to the fourth session from the top since April 16, amid the rise of the US dollar index according to the inverse relationship between them on the threshold of developments and economic data expected today by the American …

The US dollar fluctuated in a narrow range slanting to a downward trend during the Asian session against the Japanese yen following the developments and economic data that it followed from the Japanese economy and on the cusp of developments and economic data expected today by the American economy, which …

EURUSD

The overall trend is downward. A start fractal has formed below the 135 moving average, followed by signal fractals. Breaking through the start fractal will result in the formation of a descending wave M30 level pattern within the C wave of a descending H8 level pattern.

Trading recommendations:

Sell …

 #SURGUT

The stock is trading in the range of 365 and 135 moving averages. Stochastic Oscillator signals overboughtness. Breaking through the price pivot zone of 34.68 will result in the formation of a descending wave pattern.

Trading recommendations:

Sell below 34.68.

Stop loss – 36.40.

Target levels – 32.71; 30.50. …

AUDUSD

The pair has fully formed the descending flag trend continuation pattern. It’s supported by the increased demand for risk assets, the revitalization of China-Australia trade, as well as the possible weakening of the US dollar amid the unprecedented stimulus measures by the Fed and the US Treasury.

Technical side: …

The US dollar fell during the Asian session to witness its lowest since April 15, when it tested the lowest since the beginning of this month against the Japanese yen after the developments and economic data that were reported by the Japanese economy and amid the scarcity of economic data …

Gold price futures fluctuated in a narrow range tilted back down during the Asian session, tolerating the US dollar index rebound for the second consecutive session from its highest since April 6, when it tested the highest since March 26, according to the inverse relationship in the aftermath The decisions …

The single currency, the euro, rose during the Asian session to witness its bounce for the second consecutive session from the lowest since March 24 against the US dollar, amid the scarcity of economic data by the euro area and the US economy at the beginning of this week, which …

The Australian dollar rose by nearly one percent during the Asian session to witness its highest since April 15 against the US dollar amid the scarcity of economic data today Monday by the Australian economy and also by its American economy counterpart the largest economy in the world at the …

USDCAD 

The pair is turning down, despite the resumption of the fall in crude oil prices. The market's focus is on the Fed's two-day monetary policy meeting, which begins on Tuesday and ends on Wednesday with the regulator's decision on rates. Don’t expect any new statements from Jerome Powell in …