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AUD analysis 09.07.2019

09.07.2019

Market Review

The Australian dollar fell during the Asian session to rebound for the fourth consecutive session of its highest since May 7 against the US dollar following the economic data that followed the Australian economy and on the eve of developments and economic data expected Tuesday by the US economy, the …

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JPY analysis 09.07.2019

09.07.2019

Market Review

The US dollar fluctuated in a narrow range inclined to rise during the US session to witness the highest since May 31 against the Japanese yen following developments and economic data that followed the Japanese economy and on the eve of developments and economic data expected Tuesday by the US …

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Technical analysis 09.07.19

09.07.2019

Market Review

EURUSD

The pair is consolidating below 1.1215 in anticipation of the Fed’s Chair Jerome Powell’s speech at the Senate Banking Committee. If he doesn’t hint at a possible start of interest reduction measures as early as this year, this will support the USD rate.

The price is below the middle …

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Technical analysis 08.07.19

08.07.2019

Market Review

EURUSD

The pair is consolidating above 1.1215 following last Friday’s drop. It’s expected to resume local decline after a small upwards correction.

The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is reversing downwards on the line of the oversold territory. Stoch are still …

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JPY technical analysis 05.07.2019

05.07.2019

Market Review

The US dollar fluctuated in a narrowly bullish range during the US session to see its fifth session rebound in nine sessions from its lowest since January 3 against the Japanese yen following developments and economic data that followed the Japanese economy, the third largest economy in the world and …

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Gold analysis 05.07.2019

05.07.2019

Market Review

Gold futures fluctuated in a narrowly bearish range to see their second consecutive straight bounce since June 25, when it tested its highest since May 14 of 2013, while still on its seventh straight weekly gain The week's longest weekly gain since 2011, as the dollar rallied to a six-session …

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EUR analysis 05.07.2019

05.07.2019

Market Review

The single currency of the European Union region fluctuated in a tight range in the Asian session to see its sixth session rebound in nine sessions from its highest since March 21 against the US dollar on the brink of economic developments and data expected on Friday by Eurozone economies …

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AUD analysis 05.07.2019

05.07.2019

Market Review

The Australian dollar fell during the Asian session to see its rebound for the 11th session in 13 sessions of its lowest since January 3 against the US dollar.

At 02:22 GMT, the Australian dollar fell 0.03% to 0.7017, compared with the opening levels at 0.7020, after hitting its highest …

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Amazon stock analysis 05.07.2019

05.07.2019

Market Review

Amazon shares are trading above 1891.97.

The price is moving above the moving averages 7-7 and 50 which are forming support levels for the price and the price is pressuring it to rise and test resistance again.

Stochastic is moving upward and entering the overbought area so we can see …

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Technical analysis 05.07.19

05.07.2019

Market Review

EURUSD

The pair is falling in anticipation of the US employment data. It’s likely to remain under pressure if the number of new jobs exceeds the predicted 160,000.

The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is below the level of 50% and …

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