Daily reviews

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 …

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 …

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 …

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 …

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 …

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 …

The Australian dollar fell during the Asian session, making its second monthly loss in a row and its longest weekly loss in five years amid the fourth consecutive daily loss against the US dollar following the developments and economic data followed by the Australian economy and on the eve of …

The euro returned to the European market on Friday against a basket of global currencies, deepening losses for the fifth day in a row against the US dollar, its lowest level in four weeks, on the second monthly loss in a row, due to the strong prospects of the European …

Amazon shares continue to move below the lower boundary of the ascending channel that broke last week, thus confirming the end of the bullish path.

The price fluctuated around 1752.04 support which is the 61.8% Fibonacci retracement.

The price continues to move below the 7-20 and 50 moving averages that …

The US dollar fluctuated in a narrow range, tilted lower during the Asian session, while still the best weekly performance in six months and monthly losses against the Japanese yen following the developments and economic data that followed the Japanese economy, the world's third largest economy and on the eve …