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USDJPY analysis

The dollar's recent trading against the yen is confined to a bullish triangular flag pattern whose features appear on the chart. Therefore, the price needs to breach 109.40 to activate the positive effect of the aforementioned pattern and then rush towards our first awaited target at 110.00.

From here, the …

Gold analysis

The price of gold was satisfied with touching 1770.00, to rebound to the upside and breach the resistance of the descending intraday channel, thus stopping the temporary negative scenario and leading the price to resume the main bullish trend again, paving the way for heading towards 1800.00 then 1838.00 as …

AUDUSD analysis

 

 

The Australian dollar against the US dollar is showing positive trading, reaching the outskirts of the first awaited target at 0.7765, and we believe that opportunities are available to surpass this level and achieve extended positive targets that reach 0.7835 then 0.7900.

From here, we will continue suggesting …

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