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Gold analysis 09.12.2019

09.12.2019

Technical reviews

Gold price futures fluctuated in a narrow range that tilted back down during the Asian session to witness its bounce back for the third session in four sessions from its highest since November 7 amid the succession of the US dollar index rebound from the lowest since the fourth of …

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EUR analysis 09.12.2019

09.12.2019

Technical reviews

The euro currency fluctuated in a narrow range tilted to the upside during the Asian session to witness its rebound to the fifth session in seven sessions from the lowest since October 10 against the US dollar on the cusp of developments and economic data expected today Monday by the …

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AUD analysis 09.12.2019

09.12.2019

Technical reviews

The narrow range still dominates the trading of the Australian dollar against the US dollar, which continues to fluctuate around the EMA50, and as long as the price is above 0.6755, our bullish outlook will remain effective, waiting for a positive incentive enough to push the price to visit our …

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Gold Spot technical analysis 09.12.2019

09.12.2019

Technical reviews

Gold is still trading flat, remaining hostage to the US-China trade negotiations. The market behavior isn’t likely to change until December 15th, when China and the US will either impose new tariffs or postpone them once again.

The price is below the middle Bollinger bands, above SMA, but below SMA …

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EUR analysis 06.12.2019

06.12.2019

Technical reviews

The euro against the dollar continues to fluctuate at 1.1105, and the price gets continuous positive support from the EMA50, to support the chances of breaching the mentioned level and then rushing towards our next target which is located at 1.1180.

In general, we will maintain our bearish expectations, provided …

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Gold analysis 06.12.2019

06.12.2019

Technical reviews

The narrow range continues to dominate gold price trading, which hovers around the 1475.00 level, which keeps our bearish expectations intact as it is without change for the day, which depends on stability below the 1489.00 level, with a reminder that our main goals start at 1447.00 and extend to …

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USDJPY analysis 06.12.2019

06.12.2019

Technical reviews

The dollar against the yen pair started to rebound downward after testing SMA 50 in the previous sessions, to support the expectations of the continuation of the downside trend, waiting for the test of the level of 108.40 initially, noting that breaking this level will push the price towards 107.45 …

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AUD analysis 06.12.2019

06.12.2019

Technical reviews

The Australian dollar versus the US dollar fluctuated in a narrow path in the previous sessions, and remains stable above the EMA50, which keeps our positive expectations unchanged, relying on stability above 0.6755, noting that we are waiting for the direction towards 0.7015 as a next positive target.

The expected …

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Gold Spot technical analysis 06.12.2019

06.12.2019

Technical reviews

Gold is turning down in the wake of the US President's positive shift in rhetoric. In view of this, as well as due to the likely positive today’s new jobs data, a heavier decline of the price is expected.

The price is below the middle Bollinger band, below SMA 5 …

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USDJPY analysis 05.12.2019

05.12.2019

Technical reviews

The US dollar fluctuated in a narrow range slanting back down during the Asian session to witness its bounce for the third session in four sessions from its highest since May 30, when it tested its highest since 23 of the same month against the Japanese yen amid the scarcity …

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