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02.06. Fresh trading analysis: the S&P 500 declined, Dow rose

Wednesday, June 2nd, today’s news—the US S&P 500 index closed in the red on Tuesday under pressure from shares in the health and technology sectors, which, at the same time, was offset by growth in the energy and financial sectors: investors weighed fresh economic data from the US in search …

USDJPY analysis

The dollar against the yen pair returns to rise after building on the EMA50, which constitutes a good support for the price, to keep the bullish trend valid on the intraday and short term, noting that our awaited targets start at 110.60 then 111.05.

 

On the other hand, it …

Gold analysis

Gold futures fluctuated in a narrow range tilted to the downside during the Asian session, to witness its rebound for the second consecutive session from its highest level since January 7th, ignoring the negative stability of the US dollar index, according to the inverse relationship between them on the cusp …

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