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The pair corrected up to 0.6770 due the partial profit taking. If it holds above this level, it is likely that the pair will resume growth on the recovery of demand for risky assets recovers.

The price is above the middle Bollinger band, below SMA 5 and at SMA 14.RSI …

The downward price channel is broken. A bullish divergence has formed on Awesome Oscillator indicator. Stochastic Oscillator indicator has left the oversold zone and its moving averages are directed upwards. The nearest resistance level is 19.47.

Trading recommendations:

Buy above 19.47.

Stop loss – 18.15.

Target levels – 21.00; 23.26.

The Australian dollar rose during the Asian session to witness the bounce for the fifth session in eight sessions from the lowest since March 18, 2009 against the US dollar following the developments and economic data released by the Australian economy on Thursday and on the eve of developments and …

Amazon continues to move below the resistance level of 1750.67 after it was able to breach it during the last week, thus confirming the downside path after the stability of trading below the mentioned level. The price approached the next support level of 1665.45

The price is currently moving below …

The US dollar fluctuated in a narrow range upward during the Asian session to witness the bounce for the fourth session in seven sessions from the lowest since September 5 last against the Japanese yen following the developments and economic data that followed from the Japanese economy and on the …

Gold futures fluctuated in a narrow uptrend range during the Asian session to see the resumption of the rebound from the lowest since August 4 last amid the successive rebound of the US dollar index for the sixth session in nine sessions from the highest since May 12, 2017 According …

The single currency of the European Union fluctuated in a narrow and bullish range during the Asian session to witness its seventh rebound in nine sessions from the lowest since May 12, 2017 against the US dollar on the eve of developments and economic data expected on Friday by Germany, …

The overall movement is upward. The pair is trading in the range of 135 and 365 moving averages directed upwards. Stochastic Oscillator indicator shows oversoldness.

Trading recommendations:

Buy as the ascending structure is forming, where the AU wave breaks the inclined channel of the H1 level descending structure, completing it. …

The support level of 5261.0 held back sellers. Stochastic Oscillator indicator showed an exit from the oversold zone. Breaking through the resistance level 5345.0 will give the formation of an upward pattern 123.

Trading recommendations:

Buy above 5345.0

Stop loss – 5261.0.

Target levels – 5434.0; 5554.0; 5700.0.

The pair met a strong resistance level amid better outlook for compromise in the US-China trade talks.

The price is above the middle Bollinger band, above SMA 5 and SMA 14. RSI is above the level of 50% and indicates a weakening of growth. Stoch are uninformative in the overbought …