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Technical analysis 08.08.2019

08.08.2019

Market Review

GBPUSD

The pair is in the narrow range of 1.2120-1.2210, consolidating in anticipation of Friday’s British GDP data. Weak data could lead to a local decrease.

The price is above the middle Bollinger band, above EMA 5 and SMA 14. RSI is moving around the level of 50% and is …

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Gold Analysis 07.08.2019

07.08.2019

Market Review

Gold futures rose during the Asian session to the highest since April 12, 2013 amid the decline of the US dollar index for the fourth session in five sessions from the highest since May 15, 2017 according to the inverse relationship between them on the eve of developments and data …

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JPY analysis 07.08.2019

07.08.2019

Market Review

The US dollar fell during the Asian session to witness a rebound for the fourth session in five sessions from the highest since May 31 against the Japanese yen after the release of a sincere report by the Bank of Japan, which is issued after ten days of the Bank …

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AROFLOT Stock Analysis

07.08.2019

Market Review

Aeroflot was able to reach 102.87 support and bounced back after testing it at the beginning of the week

The price is moving below the 7-20 moving averages which are price resistance.

It reached the 50 level which is still below the price and formed a support level and positively …

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EUR analysis 07.08.2019

07.08.2019

Market Review

The euro-zone single currency fluctuated in a narrow, bullish range during the Asian session to see its fourth session rebound in five of its lowest since May 16, 2017 against the US dollar on the eve of developments and economic data expected on Wednesday by dotted economies The euro and …

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AUD analysis 07.08.2019

07.08.2019

Market Review

The Australian dollar fell during the Asian session to witness the lowest since January 3, when it tested the lowest since March 19, 2009 against the US dollar following the developments and economic data that followed the Australian economy and on the eve of developments and economic data expected today …

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Technical analysis 07.08.2019

07.08.2019

Market Review

AUDUSD

The pair is in a short-term downtrend caused by the escalation of US-China trade war. A sharp interest rate cut by RBNZ may also lead to lower rates by RBA in the near future.

The price is at the lower Bollinger band, below SMA 5 and SMA 14. RSI …

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Gold Analysis 06.08.2019

06.08.2019

Market Review

Gold futures fell during the Asian session to see their rebound from the top since May 3, 2013 amid the rise of the US dollar index, showing a rebound from the lowest since July 22 according to the opposite relationship between them on the eve of developments and economic data …

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EUR analysis 06.08.2019

06.08.2019

Market Review

The euro hit a three-week high against the US dollar on Tuesday, continuing its strong gains for a fourth straight day as risk averse investors focused on buying low-yielding currencies amid strong signs of a global currency war, - China's local currency "yuan" fell to its lowest level in 11 …

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AUD analysis 06.08.2019

06.08.2019

Market Review

The Australian dollar rose against the US dollar to end the two-week losing streak. Following the developments and economic data we have followed on the Australian economy and on the eve of developments and economic data expected Tuesday by the US economy, the largest economy in the world.

At 0240 …

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