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The Australian dollar rose during the Asian session to witness its bounce for the second session from the lowest since 15 June, when it tested the lowest since the second of this month against the US dollar after the developments and economic data that it had reported on the Australian ...

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The Australian dollar rose during the Asian session to witness its bounce for the second session from the lowest since 15 June, when it tested the lowest since the second of this month against the US dollar after the developments and economic data that it had reported on the Australian economy and on the cusp of developments and economic data expected on Tuesday from Before the American economy the largest economy in the world.
 
At exactly 02:33 AM GMT, the Australian dollar pair rose against the US dollar by 0.22% to 0.6923 levels compared to the opening levels at 0.6908, after the pair achieved its highest level during the trading session at 0.6935, while the pair achieved its lowest at 0.6858.
 
We have followed the revelation of the initial reading of the Markit Industrial and Services PMI for Australia for the current month of June, and the initial reading of the PMI showed that the contraction shrank to 49.8 compared to 44.0 last May, while the initial reading of the PMI Service purchases expanded to $ 53.2, compared to $ 26.9 in May.
 
This comes hours after Australian Central Bank Governor Philip Lowe expressed on Sunday that there are still many monetary policy measures that can be used, as he addresses the fact that the Australian dollar is not the crisis at the present time even though he wants to see it less, adding that he is It is hard to say at the moment that the Australian dollar’s position is overrated, though it stated that interest is likely to remain at its current low levels for years.
 
On the other hand, investors are currently awaiting the disclosure of the initial reading of the Markit Industrial and Service Purchasing Managers Index for the United States of America, which may reflect the expansion of the industrial sector in the largest industrial country in the world to a value of 50.0 compared to a contraction of $ 39.8 in the previous reading of the month of May May, while we may witness the shrinking of the service sector to 46.9 compared to 37.5 in May.
 
This comes before we witness from the US economy the release of the Richmond Industrial Index reading, which may reflect the contraction of shrinkage to 3 versus 27 in May, in conjunction with the disclosure of housing market data with the release of new home sales, which may indicate an increase of 3.5 % To about 637 thousand homes, compared to a 0.6% increase at about 623 thousand homes last April.
 

Technical analysis


  
The Australian dollar pair against the US dollar made positive trades yesterday, but it stopped without the broken support of the bullish channel, to start the day with a bearish tendency in a signal to resume the bearish intraday trend, supported by the negative signal that appears through the stochastic indicator, so that the bearish trend scenario remains effective for the coming period, pending a visit Mainly 0.6700 level.
 
On the other hand, it should be noted that breaching 0.6965 will stop the suggested decline and bring the price back to the main bullish path again.
 
The expected trading range for today is between 0.6830 support and 0.6980 resistance
 
Expected trend for today: bearish
 

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The single currency fluctuated the euro in a narrow range slashing up during the Asian session to witness its bounce for the second consecutive session from the lowest since June 3 against the US dollar on the cusp of developments and economic data expected today by the economies of the ...

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The single currency fluctuated the euro in a narrow range slashing up during the Asian session to witness its bounce for the second consecutive session from the lowest since June 3 against the US dollar on the cusp of developments and economic data expected today by the economies of the euro area and the US economy the largest economy in the world.
 
At exactly 05:39 AM GMT, the euro pair rose against the US dollar by 0.04% to 1.1265 levels, compared to the opening levels at 1.1261, after the pair achieved its highest level during the trading session at 1.1281, while achieving the lowest at 1.1233.
 
The markets are currently awaiting for the French economy, the second largest economy in the euro area, and the German economy, the largest economy in the euro area, in addition to the economies of the region as a whole. The region as a whole.
 
On the other hand, investors are currently awaiting the disclosure of the initial reading of the Markit Industrial and Service Purchasing Managers Index for the United States of America, which may reflect the expansion of the industrial sector in the largest industrial country in the world to a value of 50.0 compared to a contraction of $ 39.8 in the previous reading of the month of May Last May, while we may witness the shrinking of the service sector to 46.9, compared to 37.5 in May.
 
This comes before we witness from the US economy the release of the Richmond Industrial Index reading, which may reflect the contraction of shrinkage to 3 versus 27 in May, in conjunction with the disclosure of housing market data with the release of new home sales, which may indicate an increase of 3.5 % To about 637 thousand homes, compared to a 0.6% increase at about 623 thousand homes last April.
 
 
Technical analysis


  
The EURUSD pair is making attempts to breach the 1.1270 level with the opening of trading today, to provide indications of the price trend to achieve more gains in the short and the short term, paving the way for heading towards the next positive station that extends to 1.1420.
 
Consequently, a bullish bias will be favored for today, supported by the move above the 50-moving average, taking into consideration that failure to achieve the required breach will put the price under negative pressure targeting mainly the 1.1175 level visit.
 
The expected trading range for today is between 1.1200 support and 1.1370 resistance
 
Expected trend for today: bullish
 

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The Gazprom share continues to move within the bullish channel, as the price has reached the minimum channel at the support area, which is represented by the EMA50 in addition to the lower channel line.

The price is now moving above the 50 average and below the 20 average ...

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The Gazprom share continues to move within the bullish channel, as the price has reached the minimum channel at the support area, which is represented by the EMA50 in addition to the lower channel line.

The price is now moving above the 50 average and below the 20 average which constitute the first levels of support and resistance for the price.
While we have major resistance at 202.40 and key support at 185.58.

We see that the stochastic oscillator has left the oversold zone and is attempting to rise, but it constitutes an intersection between its lines and therefore it may return to movement within the oversold zone again.

The price action will be between the support level 185.60 and the resistance level 215.80.
The general direction of movement is bullish.
 

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Gold prices fluctuated in a narrow range tilted towards the decline during the Asian session to witness its bounce for the second session from the top since April 14, when it tested the highest for it since October 9, 2012 amid the rise of the US dollar index according to ...

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Gold prices fluctuated in a narrow range tilted towards the decline during the Asian session to witness its bounce for the second session from the top since April 14, when it tested the highest for it since October 9, 2012 amid the rise of the US dollar index according to the inverse relationship between them on the threshold of developments The economic data expected today by the American economy, the largest economy in the world.
 
At exactly 04:24 am GMT, gold futures contracts for next August delivery fell 0.06% to trade at $ 1,763.80 per ounce compared to the opening at $ 1,764.90 per ounce, knowing that the contracts started the trading session on a falling price gap after it concluded trading Yesterday at $ 1,766.40 an ounce, with the US dollar index rising 0.13% to 97.04 compared to the opening at 96.92.
 
Investors are currently awaiting the disclosure of the initial reading of the Markit Industrial and Service Purchasing Managers Index for the United States of America, which may reflect the widening of the industrial sector in the largest industrial country in the world to 50.0 compared to a contraction of 39.8 in the previous reading in May, while We may witness the shrinking of the service sector to 46.9 compared to 37.5 in May.
 
This comes before we witness from the US economy the release of the Richmond Industrial Index reading, which may reflect the contraction of shrinkage to 3 versus 27 in May, in conjunction with the disclosure of housing market data with the release of new home sales, which may indicate an increase of 3.5 % To about 637 thousand homes, compared to a 0.6% increase at about 623 thousand homes last April.
 
Other than that, we followed yesterday, Monday, US President Donald Trump, in his Twitter account on his official account, expressed that “the Chinese trade deal is completely sound. We hope that they will continue to abide by the terms of the agreement!” Which confirmed that the first stage of the trade deal that was reached To it at the beginning of this year among the largest economies in the world are still standing, which reflects in one way or another the disappearance of the escalation between Washington and Beijing.

Technical analysis


  
The price of gold shows slight negative trades after reaching our first target 1765.00, noting that the stochastic starts to get rid of its negative momentum, while the EMA50 constitutes a continuous positive price support.
 
Consequently, we believe that opportunities are available to resume the main bullish trend, awaiting the breach of the mentioned level to confirm the extension of the upside wave to reach the areas of 1800.00 then 1840.00, noting that breaking 1735.00 will put the price under additional negative pressure aimed at testing the areas of 1691.90 before any new attempt to rise.
 
The expected trading range for today is between 1735.00 support and 1775.00 resistance
 
Expected trend for today: bullish
 

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The US dollar fluctuated in a narrow range tilted to the upside during the Asian session against the Japanese yen after the developments and economic data that it followed from the Japanese economy and on the cusp of developments and economic data expected on Tuesday by the US economy, the ...

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The US dollar fluctuated in a narrow range tilted to the upside during the Asian session against the Japanese yen after the developments and economic data that it followed from the Japanese economy and on the cusp of developments and economic data expected on Tuesday by the US economy, the largest economy in the world and in the wake of US President Donald Trump that the trade deal With China intact.
 
At 05:55 AM GMT, the US dollar pair rose against the Japanese yen by 0.19% to 107.11 levels compared to the opening levels at 106.96 after the pair achieved its highest level during the trading session at 107.22, while achieving the lowest at 106.774.
 
We followed the revelation of the initial reading of the manufacturing PMI by Markit on Japan, which showed the contraction widened to 37.8 compared to 38.4 in May, contrary to expectations that the contraction will shrink to 39.5, and this came before we witnessed the Bank of Japan's unveiling of the fundamental annual reading of the index Consumer prices, which showed stability at zero levels compared to the previous reading in April and expectations of -0.1% contraction.
 
On the other hand, investors are currently awaiting the disclosure of the initial reading of the Markit manufacturing and services PMI for the United States of America, which may reflect the expansion of the industrial sector in the largest industrial country in the world to 50.0 compared to a contraction at 39.8 in the previous reading for May, while it may We are witnessing a shrinking of the service sector to 46.9 compared to 37.5 in May.
 
This comes before we witness from the US economy the release of the Richmond Industrial Index reading that may reflect the contraction in contraction to 3 compared to 27 in May, in conjunction with the disclosure of housing market data with the release of new home sales, which may show an increase of 3.5% to about 637 One thousand homes, compared to a 0.6% increase at about 623 thousand homes last April.
 
Other than that, we followed yesterday, Monday, US President Donald Trump, in his Twitter account on his official account, expressed that “the Chinese trade deal is completely sound. We hope that they will continue to abide by the terms of the agreement!” Which confirmed that the first stage of the trade deal that was reached To it early this year between the two largest economies and the two largest industrialized countries in the world are still standing, which reflects the fading escalation that led to an escalation between Washington and Beijing.

Technical analysis


  
The dollar versus yen pair is opening today's trading with an upward tendency to test the moving average 50, which continues to pressure negatively on the intraday trading, accompanied by a marked stochastic loss of positive momentum and reaching the overbought areas, waiting for the price stimulus to resume negative trades.
 
In general, we continue to favor the bearish trend for the next period unless the price rushes to breach the 107.68 level and hold above it, noting that our first awaited target is at 106.44.
 
The expected trading range for today is between 106.30 support and 107.80 resistance
 
Expected trend for today: bearish
 

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The Aeroflot share continues to decline as the stock has approached the 78.33 support level, which is considered one of the important levels that the price will stop at.

The price has moved below the moving averages 7-20 level, but it remains moving above the 50 average, which constitutes the ...

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The Aeroflot share continues to decline as the stock has approached the 78.33 support level, which is considered one of the important levels that the price will stop at.

The price has moved below the moving averages 7-20 level, but it remains moving above the 50 average, which constitutes the first levels of support for the price.

The stochastic oscillator has entered the oversold zone, thus increasing the negative pressure on the price to test the support level 78.33.

The stock can be bought at the 78.33 support level, and the targets will be 86.64- 97.96, and a stop loss is below 68.00

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