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The currency pair is trading in the upper limit range of the descending price channel. Stochastic Oscillator indicator signals overboughtness. Breaking through the support level 1.4626 will result in the formation of a downward pattern of 123.

Trading recommendations:

Sell below 1.4626.

Stop Loss - 1.4643.

Target levels - 1.4610; …

The resistance level of 148.80 holds back buyers. Two Doji patterns have formed from this level and  indicate a possible reversal. Also, Stochastic Oscillator indicator signals overboughtness. The nearest support level is 146.78.

Trading recommendations:

Sell below 146.78.

Stop Loss - 148.80.

Target levels - 144.14; 140.00.

Gold price are below a strong resistance level of 1517.50 in anticipation of signing  of the US-China phase one trade deal, which is expected to happen next week when Donald Trump and Xi Jenping meet in person.

The price is above the middle Bollinger band, above SMA 5 and SMA …

The US dollar fell during the Asian session to witness its lowest since December 13 against the Japanese yen amid the scarcity of economic data earlier this week by the Japanese economy and on the cusp of developments and economic data expected today Monday by the US economy, the largest …

Gold price futures fluctuated in a narrow range tilted to the upside during the Asian session to witness its stability near the top since late October last, continuing its weekly gains for the fourth week in a row with the US dollar index rebounding for the fifth session in six …

The euro currency fluctuated in a narrow range tilted to the upside during the Asian session to witness its highest since August 13 against the US dollar amid the scarcity of economic data at the beginning of this week by the economies of the euro area and on the cusp …

The Australian dollar versus the US dollar shows additional positive trades to reach the outskirts of our main target at 0.7015, which represents the 23.6% Fibonacci retracement level of the depreciation that appears in the picture, noting that exceeding the bullish sub-channel resistance provides signals on the price trend to …

Gold prices didn’t pass 1515.00. The planned meeting between Donald Trump and Xi Jinping next week may put pressure on the gold prices.

The price is above the middle Bollinger band, below SMA 5, but above SMA 14. RSI is out of the overbought zone and suggests selling. Stoch have …

The US dollar fluctuated in a narrow range slanting back down during the Asian session to witness its bounce for the second session from the top since December 19, while it is still in the process of its third weekly gain against the Japanese yen after the developments and economic …