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Technical Analysis 06.12.2018

06.12.2018

Market Review

AUDUSD

The pair is under pressure due to the large-scale drop in demand for risk assets caused by investors’ concerns over the continuing slowdown in global economic growth. The markets also doubt that the  US-China deal reached in Argentina will stop the trade war between the countries.

The price is …

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CSCO Analysis 06.12.2018

06.12.2018

Market Review

Cisco reached the historical peak of 49.12 on 10-30-2018 and reversed it from the correction to the 7 MA at 47.19 and the next support is 46.36, which is the convergence point of the 20-50 moving averages. Thus, the level of support is very strong.

The stochastic is giving a …

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Gold Analysis 06.12.2018

06.12.2018

Market Review

Gold futures traded in a narrowly bullish range during the Asian session as the US dollar index fell on the back of economic developments expected Thursday by the US economy, the world's largest economy.

Gold futures for February delivery rose 0.24% to currently trade at $ 1,245.60 per ounce from …

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AUDUSD Analysis 06.12.2018

06.12.2018

Market Review

The Australian dollar fell during the Asian session to see its rebound for the fourth consecutive session of its highest since August 9 against the US dollar following developments and economic data that followed the Australian economy and on the eve of developments and economic data expected Thursday by the …

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GBPUSD Analysis 06.12.2018

06.12.2018

Market Review

The British pound rose on Wednesday, extending gains today as mounting opposition to British Prime Minister Teresa Mae's exit deal prompted some investors to start pricing in opportunities to avoid a break-up altogether.

LONDON (Reuters) - Opposition to a British exit deal from the European Union rose on Wednesday after …

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EURUSD Analysis 06.12.2018

06.12.2018

Market Review

The single currency of the European Union region fluctuated in a tight range against the US dollar on the brink of developments and economic data expected Thursday by the largest euro area economies Germany and the US economy, the world's largest economy.

At 05:30 GMT, the EURUSD rose 0.05% to …

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Technical Analysis 05.12.2018

05.12.2018

Market Review

USDCAD

The pair grew against the backdrop of overall dollar increase due to the possibility of a new world economy recession, which is feared by investors. The pair is also supported by the American Petroleum Institute publication of data on oil and petroleum products, which showed an increase in stocks …

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Gold Analysis 05.12.2018

05.12.2018

Market Review

Gold futures rallied during the US session, the highest since July 13, as the US dollar index fell for the fourth session in five sessions from its highest since November 13, according to the inverse relationship between them after the talk of the Governor of the Bank Federal Reserve Chairman …

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AUDUSD Analysis 05.12.2018

05.12.2018

Market Review

The Australian dollar fell for a third consecutive session of its highest since August 9 against the US dollar following developments and economic data that followed the Australian economy and amid the lack of economic data on Wednesday by the US economy, the largest economy in the world because of …

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GBPUSD Analysis 05.12.2018

05.12.2018

Market Review

The royal currency fluctuated widely during the US session to its lowest since June 22 against the US dollar following developments and economic data followed Tuesday by the British royal economy amid the lack of economic data by the US economy, the largest economy in the world, which will miss …

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