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Currency pair analysis for today, October 18th: USDJPY

The dollar against the yen pair crossed our first awaited target at 114.00 and fluctuated around the ascending channel’s resistance, and started attempts to gather positive momentum on the intraday time frames, waiting for a positive stimulus that contributes to pushing the price to continue rising, noting that our next …

Gold analysis for 18.10

Gold price is trading around the 1770.00 level, and it keeps its stability below it, to keep opportunities available to continue the bearish trend in the upcoming sessions, waiting to head towards 1734.00, which represents our next main station.

Therefore, we will continue to suggest the bearish trend on an …

18.10. Gold, Chinese and HK shares down; oil and dollar up

News for today, October 18th:

Gold fell Monday morning in Asia, but made up for some losses after a sharp sell-off in the previous session as the U.S. 10-year Treasury yields declined after rising to 1.5904% on Monday. In the meantime, the dollar, which usually moves inversely to gold, rallied. …

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