Daily reviews

The price of gold in the European market rose on Friday to rise again, on the verge of reaching the barrier of $ 1,300 an ounce, supported by the decline of the US dollar against a basket of currencies, and affected by the minutes of the recent meeting of the …

The British pound fell during the US session to see its rebound since the end of last December against the US dollar following developments and economic data released by the British economy and its counterpart, the US economy, the world's largest economy.

Today, in the Asian session, the GBPUSD pair …

The single currency returned to the greenback against the US dollar after we saw its decline in the last session and completed the upward trend started a week ago, before the economic data for today.

Today, in the Asian session, the EURUSD rose 0.31% to 1.1525, compared with the opening …

AUDUSD is resuming its positive trading session to begin attempts to surpass our first target of 0.7200 and get positive support from SMA 50, which will enhance chances of further upside in the coming sessions, where our next target is at 0.7335.

Therefore, we are waiting for further bullishness for …

EURUSD

The pair is in downtrend against the background of the full-on decline of USD rate due to the growing expectations of the Fed pausing the interest rate hikes this year.

The price is above the middle Bollinger band, above SMA 5 and SMA 14. RSI is in the overbought …

The price of gold rallied upwards to breake the 1295.00 level and settle above it, noting that the price completed the formation of a bullish triangle pattern shown in the picture, which is a positive incentive to push the price for further gains in the coming period

Therefore, the bullish …

GBPUSD has managed to surpass SMA 50 and hold above it, which supports our bullish outlook for the next few sessions and we believe that the way ahead is to achieve our main target at 1.2962.

To make sure, moving averages 7-20 should intersect with SMA 50.

Stochastic is in …

The EUR / USD pair is trading higher today to break above the 1.1550 level and set the tone for the next target at 1.1705. The bullish trend remains valid for the coming period, supported by the move above the moving averages. We see SMA 7 touching the price from …

Csco was unable to breach the 43.69 resistance level as the MA 20 formed pressure on the price and prevented it from rising. A 50 SMA above the price is an additional negative pressure on the movement of the stock, therefore we may see further declines for the third session …

The AUDUSD rallyed to the 0.7145 level, which is now important support, to resume its positive trading session and approach our awaited first target at 0.7200, awaiting further upside in the short term with our next target at 0.7335.

The SMA 50 is a resistance to the price, so if …