Daily reviews

Gold price futures fluctuated in a narrow range tilted to the upside during the Asian session, while the US dollar index resumed its rebound from the lowest since March 17th for the sixth session in nine sessions, according to the inverse relationship between them on the threshold of developments and …

The single currency, the euro, fell during the Asian session to witness its rebound to the seventh session in nine sessions from the top since last March 17 against the US dollar amid the scarcity of economic data by the economies of the euro area and on the cusp of …

The Australian dollar versus the US dollar shows a bearish tendency after approaching our awaited target at 0.6236 yesterday, and it may test the pivotal support 0.6097 before resuming the positive trading.

Moving average 50 meets the mentioned support to add more strength to it, while the stochastic is trying …

NZDCHF 

The overall trend is downward. The ascending H4 level pattern is truncated. The inclined channel of the ascending structure is broken. A bearish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals overboughtness. A breach of 0.5765 will result in the formation of a descending pattern as part …

The single currency, the euro, rose during the Asian session to witness its rebound to the second session from the lowest since March 25 against the US dollar on the cusp of developments and economic data expected today Tuesday by the economies of the euro area, which includes the activities …

Gold futures rose during the Asian session to witness the highest since November 28, 2012 amid the rebound in the US dollar index for the second session from the top since March 26, according to the inverse relationship between them on the cusp of developments and economic data expected today …

#BATS

The overall trend is downward. The resistance level of 30.20 holds back buyers. A bearish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals overboughtness. Breaking through the support level of 29.00 will result in the formation of a 1-2-3 descending pattern within the overall downtrend.

Trading recommendations: …

The US dollar fell during the Asian session to witness its rebound for the second session from its top since March 27 against the Japanese yen after the developments and economic data that it had reported on the Japanese economy and the US economy is the largest economy in the …

The Australian dollar rose during the Asian session to witness its bounce to the third session from its lowest since March 26 against the US dollar after the developments and economic data that it reported on the Australian economy, which includes the activities of the Australian Central Bank meeting in …

USDRUB 

Markets are hopeful about the pandemic slowdown and early recovery of business and industrial activity. Investors are in anticipation of a new crude oil deal between the US, Saudi Arabia, and Russia, which supports oil prices and contributes to a stronger ruble.

Technical side:

The price is below the …