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Amazon stock analysis 21.06.2019

21.06.2019

Market Review

Amazon shares rose after support steadied 1679.23 and reached resistance 1890.43 and managed to overcome them.

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

The stochastic is …

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JPY analysis 21.06.2019

21.06.2019

Market Review

The US dollar fell for the fourth session in a row, the lowest since January 3, and is expected to worse than its weekly performance since March against the Japanese yen following developments and economic data that followed the Japanese economy and on the eve of developments and economic data …

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Technical analysis 21.06.19

21.06.2019

Market Review

EURUSD

The pair is correcting downwards following the last two days’ strong growth triggered by expected interest rates reduction in the US. The pair is likely to resume growth after a short-term decline.

The price is above the middle Bollinger band, below SMA 5, but above SMA 14. RSI is …

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Gold analysis 20.06.2019

20.06.2019

Market Review

Gold futures rallied during the Asian session, their highest since September 5, 2013, as the US dollar index fell to its lowest level since June 12, according to the inverse relationship between them and the Bank of Japan meeting in Tokyo amid expectations of the Central Bank's approval. Japanese economy …

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EUR analysis 20.06.2019

20.06.2019

Market Review

The single currency of the European Union region rose during the Asian session to see its third session retreat since June 3 against the US dollar on the eve of developments and economic data expected Thursday by the Eurozone economies and the US economy, the largest economy in the world, …

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Technical analysis 20.06.19

20.06.2019

Market Review

USDCAD

The pair breached the previous minimum level of 1.3245 amid the global weakness of the USD following the Fed meeting. It has the potential for further drop, which is supported by the growth attempts of oil prices.

The price is below the lower Bollinger band, below SMA 5 and …

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JPY analysis 20.06.2019

20.06.2019

Market Review

The US dollar fell during the Asian session to see its lowest since January 4 against the Japanese yen following developments and economic data that followed on the Japanese economy and on the eve of developments and economic data expected Thursday by the US economy, the largest economy in the …

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AUD analysis 20.06.2019

20.06.2019

Market Review

The Australian dollar rose during the Asian session to see its rebound to its third straight session since June 3 against the US dollar after the Reserve Bank of Australia's central bank speech and the monthly release of the central bank on the eve of developments and economic data on …

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Gold analysis 19.06.2019

19.06.2019

Market Review

Gold futures traded in a tight range slipping into the Asian session to see their rebound to a third session in four sessions since April 11, 2018 amid a positive stability of the US dollar index according to their inverse relationship after the United States and China resumed talks To …

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EUR analysis 19.06.2019

19.06.2019

Market Review

The single currency of the European Union region fluctuated in a narrowly bearish range during the Asian session to see its sixth session rebound in nine sessions from its highest since March 22 against the US dollar on the eve of developments and economic data expected Wednesday by Eurozone economies …

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