Daily reviews

Gold is under pressure due the emerging chaos in the global market after the demand on the US dollar unexpectedly rose. It is likely that the local weakening of the price of gold will continue if the panic does not subside.

The price is below the middle Bollinger band, above …

The Australian dollar pair traded against the US dollar with a strong negative yesterday to succeed in achieving our extended target which is at 0.6230, which represents the support of the main descending channel that appears in the picture, and according to the trading rules inside the price channels, the …

The euro currency fluctuated in a narrow range tilted to the upside during the Asian session to witness its bounce to the second session from the lowest since March 2 against the US dollar on the threshold of developments and economic data expected Friday by the economies of the euro …

The rise of the US dollar during the Asian session to witness its bounce back for the third session in five sessions from the lowest since October 3, 2016 against the Japanese yen after the developments and economic data that were reported by the Japanese economy and on the cusp …

Gold price futures fluctuated in a narrow range that tilted higher during the Asian session to witness its rebound from the lowest since March 3, with the dollar index rebounding to the eleventh session in sixteen sessions from the top since April 21, 2017 according to the inverse relationship between …

The currency pair is trading in the range of the lower border of the ascending price channel. Stochastic Oscillator signals oversoldness. Breaking through the resistance level of 2.0680 will result in the formation of an ascending pattern of 1-2-3.

Trading recommendations:

Buy while an ascending 1-2-3 pattern is forming. - …

Gold price futures fluctuated in a narrow range that tilted higher during the Asian session to witness its rebound from the lowest since March 3, with the dollar index rebounding to the eleventh session in sixteen sessions from the top since April 21, 2017 according to the inverse relationship between …

The US dollar fell during the Asian session to witness the resumption of its rebound from above since April 25, 2019 for the eleventh session in sixteen sessions against the Japanese yen after the developments and economic data that it had reported on the Japanese economy and on the cusp …

The single currency fluctuated the euro in a narrow range slanting up during the Asian session against the US dollar on the threshold of economic developments and data expected on Thursday by the economies of the euro area and the US economy, the largest economy in the world, which includes …