Daily reviews

Gold futures fluctuated in a narrow upward range during the Asian session to see their stability near the highest in more than six years, ignoring the rise of the US dollar index according to the inverse relationship between them on the eve of developments and economic data expected on Tuesday …

The US dollar fluctuated in a narrow range that tends to decline during the Asian session to witness the rebound to the second session of its lowest since January 3 last January against the Japanese yen following the developments and economic data followed by the Japanese economy, the third largest …

Google shares return to the channel, which was traded after the jump formed by the past two weeks. To open today with a bearish price gap.

The 20 MA is a support level near the 38.2 Fibonacci retracement level.

The price action is under the positive pressure of the 20-50 …

EURUSD

The pair is consolidating in a narrow range in anticipation of the release of data from ZEW for Germany in the Eurozone, as well as updated values of consumer inflation in the US. 

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

AUDUSD is beginning to bounce lower after testing the 0.6830 level, and we note that Stochastic has lost its positive momentum to move around overbought areas, supporting the chances of resuming the main bearish trend, targeting 0.6700 then 0.6625 as the next major stops.

From here, our bearish outlook will …

Speer Bank continues its downtrend after exiting the ascending channel within which it was moving.

The price managed to hold below the 20-50-7 moving averages

They move above the price and form resistance levels

The stochastic indicator has exited the oversold area but it is in a side path near …

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 …