03.09.2019
The Australian dollar fell during the Asian session to witness the lowest since August 26 against the US dollar following the developments and economic data followed by the Australian economy and on the threshold of decisions and directions of the Reserve Bank of Australia and the economic data expected on …
03.09.2019
The US dollar fluctuated in a narrow uptrend range during the Asian session to see its fifth session rebound in seven sessions from its lowest since November 9, 2016 against the Japanese yen following the developments and economic data that followed from the Japanese economy, the world's third largest economy. …
03.09.2019
Google shares rose again and managed to enter the rising channel again.
The 20-7 MAs form support levels near the 38.2 Fibonacci retracement level
The bullish stochastic is approaching the overbought area which increases the
positive pressure on the price and pushes it higher.
The general direction of the movement: …
03.09.2019
GBPUSD
The pair remains under pressure amid the political crisis in Britain due to high risk of no-deal Brexit. Another factor driving the pair’s decline is the demand for the USD as the world reserve currency.
The price is below the lower Bollinger band, below SMA 5 and SMA 14. …
02.09.2019
The Australian dollar fluctuated in a narrow uptrend range during the Asian session to witness the rebound for the second consecutive session from the lowest since August 26 against the US dollar following the developments and economic data followed by Monday by the Australian economy and amid the lack of …
02.09.2019
The single currency of the European Union fluctuated in a narrow range upward during the Asian session to witness the rebound to the second session of the lowest since May 15, 2017 against the US dollar on the eve of developments and economic data expected on Monday by the euro …
02.09.2019
Gold futures fluctuated in a narrow range, tilted lower during the Asian session to witness the bounce for the fifth session in six sessions from the highest since April 11, 2013, ignoring the rebound of the US dollar index for the second session from the highest since May 15 In …
02.09.2019
Sber Bank managed to get out of the bearish channel which was trading at the end of last week's trading.
The price is moving above the 7-20 MAs that form support levels while the 50 MA remains resistance levels.
Stochastic is near the overbought zone on an uptrend near this …
02.09.2019
USDJPY has resumed its negative trading after testing 106.70 in the previous sessions, and starts to press 106.06, waiting for the breach to confirm opening the way towards 105.05 which is the next major target.
Therefore, the bearish scenario will remain valid during the upcoming sessions unless 106.70 is breached …
02.09.2019
EURUSD
The pair is consolidating above 1.0980 amid the disagreements in the ECB over the monetary policy.
The price is below the middle Bollinger, below SMA 5 and SMA 14. RSI is located in the oversold zone and moves horizontally. Stoch are not informative.
Trading recommendations:
Sell the pair with …
All time
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