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Technical Analysis 12.04.2019

12.04.2019

Market Review

AUDUSD

The pair corrected to 0.7125 following the release of the strong industrial inflation data in the US, but it still may reverse upwards and resume growth, since the Fed isn’t expected to change its plans to passively observe the market situation in the foreseeable future.

The price is below …

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USDJPY Analysis 12.04.2019

12.04.2019

Market Review

The US dollar fluctuated in a narrowly bullish range during the Asian session to see its rebound to its third straight session since the beginning of April against the Japanese Yen amid a lack of economic data by the Japanese economy, the third largest economy in the world and on …

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Gold Analysis 12.04.2019

12.04.2019

Market Review

Gold futures fluctuated in a narrow range slipping towards the Asian session to see their rebound for the third session since March 27, defying the decline of the dollar index for the sixth session in nine sessions of its highest since the eighth of the same month according to the …

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EURUSD Analysis 12.04.2019

12.04.2019

Market Review

The single currency of the European Union region rose during the Asian session to rebound to a fourth session in nine sessions from its lowest since March 7 when its lowest since June 26, 2017 against the US dollar on the eve of economic developments and data expected today Friday …

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AUDUSD Analysis 12.04.2019

12.04.2019

Market Review

The Australian dollar fluctuated in a tight range slipping towards the Asian session to see its rebound to its third session since February 27 against the US dollar on the eve of economic developments and data expected Thursday by the US economy, the world's largest economy.

At 3:11 am GMT, …

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Amazon Analysis 12.04.2019

12.04.2019

Market Review

There is no new movement in the Amazon stock as the stock continues to rise after holding the support level 1765.27 against the price where he tested several times last week and was unable to penetrate to continue the upward trend of the price.

The price fluctuates above the moving …

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Technical Analysis 11.04.2019

11.04.2019

Market Review

AUDUSD

The pair is correcting downwards after reaching a local maximum. It’s likely to resume growth following the expected weakness of the USD after the downwards correction.

The price is above the lower Bollinger band, below SMA 5, but still above SMA 14. RSI is below the overbought territory and …

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USDJPY Analysis 11.04.2019

11.04.2019

Market Review

The US dollar fluctuated in a narrow bullish range during the Asian session to see its rebound to its second-lowest session since the beginning of April against the Japanese yen following developments and economic data that followed the Japanese economy, the third largest economy in the world and on the …

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Gold Analysis 11.04.2019

11.04.2019

Market Review

Gold futures fluctuated in a narrow range slipping towards the Asian session to see their rebound for the second high session since March 27 as the US dollar index rebounded, rebounding to the second session of its lowest since 28 of the same month according to the inverse relationship between …

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EURUSD Analysis 11.04.2019

11.04.2019

Market Review

The single currency of the European Union region fluctuated in a narrow upward range during the Asian session to see its fourth session rebound in eight sessions from its lowest since March 7 when its lowest since June 26, 2017, against the US dollar on the eve of Developments and …

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