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Cặp tiền này đang giao dịch trên mức 1.3090 với chờ đợi về quyết định cuối cùng của ECB về chính sách tiền tệ, đặc biệt là bài phát biểu của người đứng đầu Christine Lagarde, người dự kiến sẽ công bố tỷ giá tiền tệ cập nhật của Ngân hàng.
Giá nằm ở mức của đường giữa của dải Bollinger, ở mức SMA 5 và SMA 14. RSI nằm dưới mức 50% và di chuyển theo chiều ngang. Stoch đã từ chối.

Đề xuất giao dịch:
Nếu bài phát biểu của Lagarde thể hiện sự thay đổi trong tương lai của tỷ giá hối đoái, thì có khả năng cặp tiền tăng trưởng lên 1.1165. Tuy nhiên, nếu không có gì mới được công bố, cặp tiền có thể tiếp tục giảm xuống còn 1.0990.

Gold price futures fluctuated in a narrow range tilted toward decline during the Asian session to witness its bounce back for the eighth session in the twelve sessions from the top since March 22, 2013 amid the positive stability of the US dollar index according to the inverse relationship between them on the cusp of developments and economic data expected on Thursday By the economies of the euro area and the US economy and in the shadows of the World Economic Forum Davos and the concern about the spread of the Coruna virus and its transformation into a pandemic.

At exactly 03:59 AM GMT, gold price futures for February delivery fell 0.07% to trade at $ 1,557.80 per ounce compared to the opening at $ 1,558.90 per ounce, knowing that the contracts started the trading session on an upward price gap after it concluded yesterday's trading At $ 1,556.70 an ounce, with the US dollar index rising 0.07% to 97.55 compared to the opening at 97.49.

Investors looked for the eurozone economies as a whole to be the outcome of the European Central Bank meeting, during which the European monetary policy frameworks are expected to be reviewed and monetary policy makers to maintain interest rates at their current zero levels and stabilize the marginal lending rate at 0.25% in addition to maintaining a rate Interest on deposits is negative -0.50% and proceed with the quantitative easing program at 20 billion euros per month.

This comes before we witness the activities of the press conference of the European Central Bank Governor Christine Lagarde, which is the second press conference of the former Director of the International Monetary Fund after she took over the position of the European Central Governor to succeed the previous Governor Mario Draghi. It is scheduled that tomorrow, Lagarde will participate in a panel discussion entitled "Outlook" World Economic Forum "in the last days of the World Economic Forum 2020 in Davos.

On the other hand, investors are currently looking for the US economy to publish the reading of the claims requests index for the week that expires on January 18, which may reflect an increase of 10 thousand requests to 214 thousand applications compared to 204 thousand requests in the previous weekly reading, while the reading of the index may clarify Subsidy applications Investors for the week that ended on the 11th of this month decreased by 17 thousand requests to 1,750 thousand requests compared to 1,750 thousand requests.

This comes before we witnessed by the largest economy in the world and the largest industrialized world in the world, the disclosure of reading the leading indicators, which may show a 0.2% decline against stability at zero levels last November, in conjunction with entering the World Economic Forum in Davos in Switzerland today. The third in a row, in which the attendees discuss the latest developments on the world stage, both politically and economically.

It is reported that US President Donald Trump noted yesterday from Davos that the Federal Reserve is harming economic growth and stock market gains, expressing that without the interest rate hike on federal funds, the Dow Jones index would rise by an additional ten thousand points, explaining that the strength of the green currency is hurting the United States’s exports and industrial activities, And adding that the US dollar should be weakened.

In the same context, he praised in Davos last Tuesday what his administration reached in terms of trade deals and economic achievements for his country, noting the trade agreements concluded with China, Mexico and Canada, with his statement that the second stage of the trade agreement between Washington and Beijing will start soon and that Tariffs exist during the second stage talks, adding that there is a good relationship with his Chinese counterpart Xi Jinping.

On the other hand, we are currently witnessing the leading Chinese stock indices for the paths of the decline in Asian stock indices, as investors are reluctant to risk amid concerns about the outbreak of the Coronavirus and its epidemic on the threshold of the Lunar New Year holiday in China, which will begin next Saturday. Chinese authorities have suspended foreign flights The rail services from Wuhan, the city where the virus originated, were part of efforts to contain the disease.

Other than that, we followed up on Tuesday the report that touched on North Korea's threat to the United States not to disarm its nuclear weapons in the event of continued US sanctions imposed on them, as we followed then a deputy in the Iranian Parliament expressed that his country would be protected from any threats if it possessed nuclear weapons, explaining that Tehran must bear in mind the production of long-range missiles capable of carrying nuclear warheads, adding that this guaranteed the right to self-defense.

Technical analysis

Gold price trading remains above 1554.10 level, and gets continuous positive support from the EMA50, while stochastic starts attempts to get rid of negative momentum.

Thus, we believe that opportunities are available to resume the expected bullish direction for the upcoming period, which initially targets 1575.90, noting that breaking 1554.10 will press the price to test the next 1536.50 level as a next negative target.

The expected trading range for today is between 1545.00 support and 1575.00 resistance.

Expected trend for today: bullish.

When buying an option against a trend, it is necessary to confirm other technical analysis tools – the presence of divergence, candlestick reversal patterns. Buy against the trend strictly on the retest level! Buying an option before publishing important economic news is considered risky.   The expiration time depends on the strength of the level and confirmation by additional technical and fundamental analysis tools.

The US dollar fell during the Asian session to witness its rebound to the fourth session in five sessions from the top since May 23 against the Japanese yen after the developments and economic data that it had reported on the Japanese economy and on the cusp of developments and economic data expected today Thursday by the American economy and in the shadows of activities World Economic Forum 2020 and concern about the spread of Corona virus and its transformation into a global epidemic.

At 6:11 am GMT, the US dollar pair fell against the Japanese yen by 0.25% to 109.56 levels compared to the opening levels at 109.84, after achieving the lowest level since January 13 at 109.55, while achieving the highest during The session trades at 109.87.

On the Japanese economy, we have followed the release of the Trade Balance Index reading, which showed that the deficit widened to 152.5 billion yen compared to 85.2 billion yen in November, contrary to expectations that the deficit widened to 152.6 billion yen, while the seasonally adjusted reading of the same indicator The deficit widened to 102.5 billion yen from 91.9 billion yen in November, also contrary to expectations that the deficit widened to 236 billion yen.

This came before we witnessed the third largest economy in the world and the third largest industrialized country globally after each of the United States and China, the disclosure of industrial sector data with the release of the index of overall industrial activities, which showed an increase of 0.9% compared to a decline of 4.8% which was modified from a decline of 4.3% In the previous reading last October, it surpassed expectations that indicated a rise of 0.4%.

On the other hand, investors are currently looking for the US economy to publish a reading of the aid requests index for the previous week on January 18, which may reflect an increase of 10 thousand requests to 214 thousand applications compared to 204 thousand requests in the previous weekly reading, while a reading of the index may Subsidy applications Investors for the previous week on the 11th of this month decreased by 17 thousand requests to 1,750 thousand requests compared to 1,750 thousand requests.

This comes before we witnessed by the largest economy in the world and the largest industrialized world in the world, the disclosure of the reading of the leading indicators, which may show a 0.2% decline against stability at zero levels last November, in conjunction with the entry of the World Economic Forum in Davos, which is entering Switzerland. On its third day in a row, during which the attendees discuss the latest developments on the world stage, on the political and economic levels.

It is reported that US President Donald Trump noted yesterday from Davos that the Federal Reserve is harming economic growth and stock market gains, expressing that without the interest rate hike on federal funds, the Dow Jones index would rise by an additional ten thousand points, explaining that the strength of the green currency is hurting the United States’s exports and industrial activities, And adding that the US dollar should be weakened.

Other than that, we have followed the Chinese authorities' suspension of overseas flights and railway services from the city of Wuhan where the Coronavirus was born as part of efforts to contain the pneumonia virus that has killed at least 17 people and infected more than 540 people, amid fears of an outbreak that could turn A global epidemic after health officials in many countries confirmed cases of the Chinese virus.

Technical analysis

The dollar versus yen pair is showing negative trades now to approach the pivotal support test 109.33, and as long as the price is above this level, our expectations for the upward trend will remain valid for the next period, supported by the entry of the stochastic indicator to the oversold areas in the sale again, awaiting the direction towards 110.50 as a first goal.

It should be noted that breaking 109.33 and holding below it will put the price under negative pressure aimed at visiting the 108.40 level before any new attempt to rise.

The expected trading range for today is between 109.00 support and 110.40 resistance.

Expected trend for today: bullish.

The single currency fluctuated the euro in a narrow range slanting back down during the Asian session to witness its bounce to the ninth session in seventeen sessions from its highest since the seventh of last August against the US dollar on the cusp of developments and economic data expected today Thursday by the economies of the euro area and the American economy, which The decisions and attitudes of the monetary policy makers of the European Central Bank and the press conference of the European Central Bank governorate include Christine Lagarde and in the shadow of the World Economic Forum 2020 events.

At 05:28 am GMT, the euro against the US dollar fell 0.09% to 1.1083 levels compared to the opening levels at 1.1093, after the pair achieved its lowest level during the trading session at 1.1080, while achieving the lowest at 1.1100.

Investors are looking for the economies of the eurozone as a whole for the outcome of the European Central Bank meeting, during which the European monetary policy frameworks are expected to be reviewed and monetary policy makers endorsing interest rates at their current zero levels and stabilizing the marginal lending rate at 0.25% in addition to maintaining a rate Interest on deposits is negative -0.50% and proceed with the quantitative easing program at 20 billion euros per month.

This comes before we witness the activities of the press conference of the European Central Bank Governor Christine Lagarde, which is expected to participate tomorrow, Friday, in a panel discussion entitled "Global Economic Prospects" in the last days of the World Economic Forum 2020 in Davos, otherwise the markets look to later in the day to reveal Read the consumer confidence index for the euro area economies as a whole which may reflect the stability of the decline at its value of 8 during this month.

On the other hand, investors are currently looking for the US economy to publish a reading of the aid requests index for the previous week on January 18, which may reflect an increase of 10 thousand requests to 214 thousand applications compared to 204 thousand requests in the previous weekly reading, while a reading of the index may Subsidy applications Investors for the previous week on the 11th of this month decreased by 17 thousand requests to 1,750 thousand requests compared to 1,750 thousand requests.

This comes before we witnessed by the largest economy in the world and the largest industrialized world in the world, the disclosure of the reading of the leading indicators, which may show a 0.2% decline against stability at zero levels last November, in conjunction with the entry of the World Economic Forum in Davos, which is entering Switzerland. On its third day in a row, during which the attendees discuss the latest developments on the world stage, on the political and economic levels.

It is reported that US President Donald Trump noted yesterday from Davos that the Federal Reserve is harming economic growth and stock market gains, expressing that without the interest rate hike on federal funds, the Dow Jones index would rise by an additional ten thousand points, explaining that the strength of the green currency is hurting the United States’s exports and industrial activities, And adding that the US dollar should be weakened.

In the same context, he praised in Davos last Tuesday what his administration reached in terms of trade deals and economic achievements for his country, noting the trade agreements concluded with China, Mexico and Canada, with his statement that the second stage of the trade agreement between Washington and Beijing will start soon and that Tariffs exist during the second stage talks, adding that there is a good relationship with his Chinese counterpart Xi Jinping.

Then President Trump warned that his administration would impose 25% customs duties on European cars in the event that a fair trade agreement between Washington and Brussels was not reached, with a threat to impose 100% customs duties on French wine, and informed him that France would stop imposing fees on Internet companies. For the time being he has no intention of meeting the Ukrainian Prime Minister at the forum.

Technical analysis

The euro against the dollar trading stabilizes at the support of the main bullish channel, and we are still waiting for the rebound up to resume the expected bullish trend in the short and the long term, and that depends on the stability above the mentioned support.

Thus, we will maintain the bullish scenario if the 1.1070 level is not broken and it remains intact with a daily closing below it, noting that our main awaited targets start with testing the 1.1180 level.

The expected trading range for today is between 1.1030 support and 1.1180 resistance.

Expected trend for today: bullish.

Cisco managed to rise and surpass 49.05 resistance level and stabilize above it which is the 50% Fibonacci retracement rate.

Moving averages 20-50 form support levels near the previous level and shift prevented it from falling and breaching support.

The stochastic was moving within overbought territory and started to exit it, thus pushing the price down and testing the support 49.89

The general direction of the movement: bullish.

The Australian dollar rose during the Asian session to witness its bounce for the second session from the lowest since 11 December last, and to promise to end its longest march of daily losses in six months against the US dollar after the developments and economic data that it followed from the Australian economy and on the cusp of developments and economic data expected Today, Thursday, by the US economy, the largest economy in the world, and in the shadow of the events of the World Economic Forum in Davos, Switzerland.

At exactly 02:38 AM GMT, the Australian dollar pair rose against the US dollar by 0.44% to 0.6844 levels compared to the opening levels at 0.6844, after the pair achieved its highest level during the trading session at 0.6879, while achieving the lowest at 0.6839.

On the Australian economy, we have followed the release of the Melbourne Institute reading of consumer expectations of inflationary pressures, which showed an increase to 4.7% compared to 4.0% in December, and this came before we witnessed the disclosure of labor market data with the release of the unemployment rate, which showed a decline to 5.1% Compared to the previous reading last November and expectations at 5.2%, in conjunction with the reading of the employment change index showed a rise of 28.9 thousand compared to a rise of 38.5 thousand in November, contrary to expectations that indicated a rise of 12.2 thousand.

On the other hand, investors are currently looking for the US economy to publish a reading of the aid requests index for the previous week on January 18, which may reflect an increase of 10 thousand requests to 214 thousand requests in the previous weekly reading, while the reading of the aid requests index may indicate investors for the week The previous month, on the 11th of this month, decreased by 17 thousand requests to 1,750 thousand requests, before we witnessed the disclosure of the reading of the leading indicators, which may show a 0.2% decline against the stability at zero levels in November.

Technical analysis

The Australian dollar versus the US dollar pair starts trading today with an upward slope after approaching the support of the bullish channel that appears in the image, and gets positive signals through the stochastic indicator, which supports the chances of continuing positive trading during the upcoming sessions, pending a visit to the 0.7015 level as the next main station.

Therefore, the positive scenario will remain intraday and short unless the 0.6805 level is broken and stability below it.

The expected trading range for today is between 0.6830 support and 0.6900 resistance.

Expected trend for today: bullish.

The pair is trading above the level of 1.3090 in anticipation of the ECB's final decision on monetary policy, especially the speech of its head Christine Lagarde, who is expected to announce the updated monetary policy of the Bank.

The price is at the level of the middle line of Bollinger band, at the level of SMA 5 and SMA 14. RSI is located below the 50% level and moves horizontally. Stoch have turned down.

Trading recommendations:

If Lagarde's speech indicates a future change in the monetary policy, there is a probability of the pair’s growth to 1.1165. However, if nothing new is announced, the pair may continue its decline to 1.0990.

The round secondary level of 0.6580 holds back sellers. A descending truncated pattern of the H12 level was formed, the wave (C) of which also has a truncated pattern of the H4 level. Stochastic Oscillator signals oversoldness.

Trading recommendations:

Buy while an ascending structure is forming, where the wave (A) breaks through the inclined channel of the descending truncated pattern of the H4 level.

Stop loss under the round secondary level of 0.6580.

Target levels: 0.6620; 0.6650; 0.6680.

The US dollar fluctuated in a narrow range slanting up during the Asian session against the Japanese yen amid the scarcity of economic data by the Japanese economy and on the cusp of developments and economic data expected today by the US economy, the largest economy in the world, and amid the attention of investors to the activities of the World Economic Forum in Davos Switzerland.

At exactly 05:53 AM GMT, the US dollar pair rose against the Japanese yen by 0.15% to 110.03 levels compared to the opening levels at 109.87, after achieving its highest level during the trading session at 110.10, while achieving the lowest at 109.83.

Investors are currently looking for the US economy to disclose housing market data with the release of the house price index, which may show an acceleration of growth to 0.3% compared to 0.2% last October, before we witness the release of the existing home sales index, which may indicate an increase 1.5% to 5.43 million homes, compared to a decline of 1.7% at 5.35 million homes last November.

It is noteworthy that US President Donald Trump praised yesterday during the events of the World Economic Forum in Davos, the administration’s commercial deals and economic achievements for his country, noting the trade agreements concluded with China, Mexico and Canada, with his statement that the second stage of the trade agreement between Washington and Beijing will begin Soon, tariffs existed during the second-stage talks, adding that there was a good relationship with his Chinese counterpart.

In the same context, US President Trump warned that his administration will impose 25% customs duties on European cars in the event that a fair trade agreement has not been reached between Washington and Brussels, while threatening to impose 100% customs duties on French wine, and told him that France will stop imposing duties On the Internet companies at the moment and that he had no intention of meeting with the Ukrainian Prime Minister on the forum.

The remarks of the Republican President came during the Davos activities, which included his criticism of the Federal Reserve for being weakly reducing interest, in conjunction with the Republican majority of the Republican majority began the forty-fifth session of the US President's trial that aims to remove him from office following the accusations leveled against him by the House of Representatives Democratic majority, against the backdrop of his leaked phone call to the Ukrainian Prime Minister.

Other than that, the state of anxiety on the market increased the spread of the Corona virus globally following the assertion of the first American case of the pneumonia virus that has killed nine people in China and infected more than four hundred people there so far, in conjunction with the confirmation of health officials also in each of Thailand, South Korea and Japan as well as Taiwan have cases of the virus that can be transmitted from person to person.

Technical analysis

The dollar versus yen pair is opening today's trading with an upward slope after building on the EMA50 that provides good positive support for the price, noting that the stochastic is providing a positive crossover signal now, which enhances the chances of the continuation of the bullish bias today, pending testing the 110.50 level initially.

Therefore, we will continue to favor the bullish trend during the upcoming sessions, provided stability above 109.33, noting that exceeding the mentioned target will push the price to 111.50 as a next positive target.

The expected trading range for today is between 109.50 support and 110.80 resistance.

Expected trend for today: bullish.