Daily reviews

USDJPY

The pair is in downtrend following the Fed’s meeting results that demonstrated the regulator’s concern over the future of America’s economic growth, since the bank made clear its intention to continue hiking interest rates, while their quantity will depend on the economic situation. It creates uncertainty and pressure for …

The Aussie continues to decline as the US dollar for a second day after the mild rise started this weekend

Where it opened the day at 0.7106, recording the lowest price of 0.7089 and the highest price of 0.7124

Australian labor market data showed that the unemployment rate rose to …

Cisco was able to confirm the completion of the double-top reversal pattern as the price broke the neckline and managed to breach the support level 44.26 which is at 61.8 Fibonacci retracement and completed the bearish path to stop at 78.6 at 42.94 as this level supported the price.

In …

The single currency of the European Union region fluctuated in a narrowly bullish range during the Asian session to see its fifth session retreat since November 28 against the US dollar ahead of the October reading of the Euro-Zone Current Account Index as a whole And developments and economic data …

The royal currency fluctuated in a narrowly bullish range during the US session to see its fifth session rebound in six sessions from its lowest since April 11, 2017 against the US dollar following developments and economic data that followed Wednesday on the RBA and its economy The largest economy …

Gold futures traded in a tight range in the Asian session as the dollar index fell for a third session in five sessions from its highest since June 17, 2017, according to the inverse relationship between them on the eve of developments and economic data expected on Thursday by The …

EURUSD

The pair is in uptrend as the Fed is expected to announce its decision concerning the pause in the interest rates hike in early 2019. The pair may receive support if rates aren’t raised today. At the same time, if the current monetary policy remains unchanged, the dollar will …

Aeroflot fluctuates around the 101.19 support level tested over the past week and the price is unable to break this support

We note that the moving averages 7-50 go hand in hand at this level, which shows the strength of this support

Stochastic is out of the overbought zone, so …

The single currency of the European Union region rose during the Asian session to see its rebound to its fourth lowest session since November 28 against the US dollar on the eve of developments and economic data expected Wednesday by the largest economies of the euro zone Germany and the …

The royal currency fluctuated in a narrow range inclined during the American session to see its rebound to a fourth session in five sessions from its lowest since April 11, 2017 against the US dollar amid a lack of economic data by the British Royal Economy. Followed Tuesday by the …