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Technical analysis 26.08.2019

26.08.2019

Market Review

USDJPY

The pair dropped sharply in the Asian trading session amid the escalation of the US-China trade war. It can partially recover after the strong drop, but as long as only negative factors remain, it’s likely continue falling.

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

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Amazon Stock Analysis

26.08.2019

Market Review

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 down and testing the support 1665.45.

Stochastic formed a …

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JPY Analysis 26.08.2019

26.08.2019

Market Review

The US dollar fluctuated in a narrow range upward during the Asian session to witness the bounce for the sixth session in ten sessions from the lowest since January 3 against the Japanese yen following the developments and economic data that followed from the Japanese economy and on the eve …

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Gold Analysis 26.08.2019

26.08.2019

Market Review

Gold futures fluctuated in a narrow range tilted lower during the Asian session to witness the bounce for the sixth session in nine sessions from the highest since April 12, 2013 amid the US dollar index rose according to the inverse relationship between them on the eve of developments and …

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EUR Analysis 26.08.2019

26.08.2019

Market Review

The single currency of the European Union (EU) has fluctuated in a narrow, bearish range during the Asian session to see its lowest since early August, when it tested its lowest since 16 May 2017 against the US dollar amid tight economic data from the region's economies. The euro is …

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AUD Analysis 26.08.2019

26.08.2019

Market Review

The Australian dollar weakened in today's trading against the greenback following weak economic data and continued uncertainty in global markets.

Government data revealed that the manufacturing PMI for manufacturing activity stood at 51.3 points last month compared to the previous reading of 51.6 points.

There are conflicting signals from the …

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Technical analysis 23.08.2019

23.08.2019

Market Review

EURUSD

The pair fell out of the range of 1.1070-1.1110 waiting for the J. Powell's performance in Jackson hole. If he signals about the continuation of the rate reduction cycle, the pair may grow locally. At the same time, the absence of such a signal from the Fed leader will …

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Cisco Stock Analysis

22.08.2019

Market Review

Cisco shares opened the week on a bearish price gap, surpassing 51.25 support.

To return the price and rise again to the resistance 49.00

The moving averages move above the price and form resistance levels and try to prevent it from rising.

Stochastic exited the oversold area and this was …

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JPY Analysis 22.08.2019

22.08.2019

Market Review

The US dollar fell during the Asian session after the developments and economic data followed by the Japanese economy, the third largest economy in the world and on the eve of developments and economic data expected on Thursday by the US economy, the largest economy in the world, which includes …

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Gold Analysis 22.08.2019

22.08.2019

Market Review

Gold futures fluctuated in a narrow range tilted lower during the Asian session to witness the bounce for the fifth session in eight sessions from the highest since April 12, 2013 amid the US dollar index rose according to the inverse relationship between them on the eve of developments and …

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