Daily reviews

USDJPY has managed to achieve our first awaited target at 105.50, and we note that the price starts today with a bearish bias to move below this level, supporting the expectations for a short-term downside wave, where our next target is at 104.60.

Therefore, the bearish trend will remain valid …

Gold is showing some slight bearish bias to fluctuate around 1495.00 now, noting that Stochastic is showing oversold now, waiting for the price to stimulate the resumption of the main bullish trend, whose targets start by breaching 1510.00 to confirm the rush towards our awaited main target at 1526.85.

Therefore, …

EURUSD continues to fluctuate in a narrow and sideways path, maintaining stability above 1.1180, thus our bullish outlook will remain intact, targeting 1.1350 then 1.1443 as the next major stops, noting that a break of 1.1180 and stability below it will pressure the pair. The price is down towards 1.1100 …

The stock fell over the bottom of the ascending channel and reached support at 1752.04. He bounced

it up.

The price has moved below the 20 and 50 moving averages that have turned into price resistance levels and are pushing it to the downside and testing the support 1665.45.

Stochastic …

The Australian dollar fluctuated in a narrow range sloping in the Asian session to witness the rebound to the third session of the lowest since March 18, 2009 against the US dollar following the testimony of the Reserve Bank of Australia Governor Philip Lowe to the Permanent Economic Committee of …

The single currency of the European Union fluctuated in a narrow range upward during the Asian session to witness its fifth session rebound in seven sessions from the lowest since May 16, 2017 against the US dollar on the eve of developments and economic data expected on Friday by the …

The US dollar fell during the Asian session to witness the bounce for the sixth session in seven sessions from its highest since May 31 last and is the second weekly loss in a row against the Japanese yen following the developments and economic data that followed from the Japanese …

Gold futures fluctuated in a narrow, bullish range during the Asian session to stabilize near the highest in more than six years amid the decline of the US dollar index for the fifth session in seven sessions from the highest since May 15, 2017 according to the inverse relationship WASHINGTON …

AUDUSD

The pair is trading below 0.6830 after local growth prior to the explosive demand for risk assets. If the market sentiment gets worse again, the pair will turn down.

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

The Australian dollar rose against the US dollar, ending the two-week losing streak. Despite the lack of economic data released by the Australian economy and on the threshold of developments and economic data expected on Thursday by the US economy, the largest economy in the world.

At 02:40 am GMT, …