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AUDUSD Analysis 08.02.2019

08.02.2019

Market Review

The Australian dollar fell during the Asian session to rebound to the fifth session in seven sessions of its highest since December 5 and prepare for the first weekly loss in three weeks and the weakest weekly performance since mid-November of 2016 against the US dollar after the disclosure The …

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Amazon Analysis 08.02.2019

08.02.2019

Market Review

Amazon shares retreated last week's bullish rally to a minor upside between support 1593.27 and resistance 1732.97

The price fluctuates around the moving averages 7 and 20 while the SMA 50 supports the price near 1593.27

The stochastic is moving near the oversold area and if it is able to …

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Technical analysis 08.02.2019

08.02.2019

Market Review

EURUSD

The pair is trading above 1.1330 due to concerns over the possible recession in Europe, which may force the ECB to resume the economic stimulus measures.

The price is below the lower Bollinger band, below SMA 5 and SMA 14. RSI is on the level of oversold zone and …

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Gold Analysis 07.02.2019

07.02.2019

Market Review

Gold futures traded in a tight range slipping into the Asian session to see their fourth session retreat in five sessions from its highest since April 25 as the dollar index rebounded for the sixth consecutive session from its lowest since January 10 Past the reverse correlation between them after …

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GBPUSD Analysis 07.02.2019

07.02.2019

Market Review

The pound fell on Thursday against a basket of world currencies to continue its losses for the sixth day in a row against the US dollar, among the longest daily losses in 2019, hitting a two-week low as US currency continued to trade against most major and minor currencies, As …

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EURUSD Analysis 07.02.2019

07.02.2019

Market Review

The single currency of the European Union region fluctuated in a narrowly bearish range during the Asian session to retrace its fifth session in six sessions from its highest since January 11 after Fed Governor Jerome Powell spoke in Washington on the eve of the upcoming economic developments and data …

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CSCO Analysis 07.02.2019

07.02.2019

Market Review

Cisco shares continue to rise for the fifth week in a row supported by the moving averages that move down the price in a positive order and give stability and stability in the ascending

The pair is trading above the resistance level of 46.60 and the target at 49.12.

The …

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AUDUSD Analysis 07.02.2019

07.02.2019

Market Review

The Australian dollar fell during the Asian session to see its rebound for the third session in five sessions of its highest since December 5 against the US dollar after Governor of Australia Reserve Bank Philip Louis in Sydney and the State of the Union address to President Donald Trump …

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Technical analysis 07.02.2019

07.02.2019

Market Review

EURUSD

The pair is above 1.1350 due to weaker Euro because of the likely recession of the eurozone’s economy this year, and to stronger positions of the USD as a safe-haven currency.

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

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USDJPY Analysis 06.02.2019

06.02.2019

Market Review

The US dollar fell during the Asian session against the Japanese yen amid a lack of economic data by the Japanese economy, the third largest economy in the world and following the speech by US President Donald Trump, the State of the Union address to Congress in Washington and on …

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