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The US dollar fluctuated in a narrow range tilted to the upside during the Asian session, to witness its bounce for the third session in four sessions from the lowest since October 10 against the Japanese yen amid the scarcity of economic data earlier this week by the Japanese economy ...

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The US dollar fluctuated in a narrow range tilted to the upside during the Asian session, to witness its bounce for the third session in four sessions from the lowest since October 10 against the Japanese yen amid the scarcity of economic data earlier this week by the Japanese economy due to the coming day holiday in Japan On the cusp of developments and economic data expected on Monday by the US economy, the largest economy in the world.

At 05:59 am GMT, the US dollar pair rose against the Japanese yen by 0.14% to 109.64 levels compared to the opening levels at 109.49, after achieving its highest level during the trading session at 109.65, while achieving the lowest at 109.45, knowing, The pair started the trading session on an upward price gap after it concluded the trading last week at 109.45 levels.

Investors are currently awaiting the US Treasury’s unveiling of the federal budget reading, which may reflect the deficit shrinkage to $ 15.0 billion compared to $ 208.8 billion last November, while the markets are looking for later this week by the US economy to disclose data Inflation and retail sales account for about half of consumer spending, which accounts for more than two-thirds of US GDP.

Otherwise, today, Chinese Vice Prime Minister and head of the Chinese negotiating team in trade talks will travel to Washington for a visit that expires next Wednesday, according to the Chinese Ministry of Commerce. US President Donald Trump and Chinese officials are expected to sign the first stage of the trade deal Waiting for it between the United States and China, which aims to ease trade tensions between Washington and Beijing at the White House on the 15th of this month.

Technical analysis

The dollar against the yen trades stable above 109.33 level, to keep the positive scenario effective for the coming period, supported by the positive crossover signal provided by the stochastic indicator, waiting for the direction towards the 110.50 level as a next target.

We remind that breaking 109.33 will stop the expected rise and turn the intraday downtrend.

The expected trading range for today is between 109.00 support and 110.30 resistance.

Expected trend for today: bullish.

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Gold price futures fluctuated in a narrow range tilted toward decline during the Asian session, to witness its bounce for the third session in four sessions from its highest since March 22, 2013, disregarding the US dollar index rebound for the second consecutive session from its highest since December 26 ...

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Gold price futures fluctuated in a narrow range tilted toward decline during the Asian session, to witness its bounce for the third session in four sessions from its highest since March 22, 2013, disregarding the US dollar index rebound for the second consecutive session from its highest since December 26 / December, according to the inverse relationship between them on the threshold of developments and economic data expected today Monday by the US economy, the largest economy in the world.

At exactly 03:55 AM GMT, the gold futures contracts for February delivery fell 0.36% to trade at $ 1,557.40 per ounce compared to the opening at $ 1,563.00 per ounce, knowing that the contracts started the trading session on an upward price gap after the week's trades were concluded The past at $ 1,560.10 an ounce, while the US dollar index fell 0.07% to 97.35 compared to the opening at 97.41.

Investors are currently awaiting the US Treasury’s unveiling of the federal budget reading, which may reflect the deficit shrinkage to $ 15.0 billion compared to $ 208.8 billion last November, while the markets are looking for later this week by the US economy to disclose data Inflation and retail sales account for about half of consumer spending, which accounts for more than two-thirds of US GDP.

Otherwise, today, Chinese Vice Prime Minister and head of the Chinese negotiating team in trade talks will travel to Washington for a visit that expires next Wednesday, according to the Chinese Ministry of Commerce. US President Donald Trump and Chinese officials are expected to sign the first stage of the trade deal Waiting for it between the United States and China, which aims to ease trade tensions between Washington and Beijing at the White House on the 15th of this month.

It is noteworthy that the US President's administration invited at least 200 people to the White House to attend the signing ceremony for the first phase of the 86-page trade agreement, the details of which are not yet clear, which raises some doubts about the extent of the deal's coverage and whether the first phase agreement will be fully implemented from The parties accepted, knowing that Washington reserved its right to re-impose customs duties on Chinese products imported to it if it considers that China did not abide by the deal.

Given the global geopolitical developments, it was followed by over the weekend that Iran confessed that it shot down a Ukrainian plane after it had erred in launching a cruise missile, while North Korea announced that it would not give up its nuclear weapons in exchange for lifting sanctions against it, and in another context, we also followed Over the weekend, Taiwan's President Wang Wen beat the overwhelming opponent of China in the main Taiwan elections, to complete his second term.

We would like to point out, because gold prices last week ended their longest weekly gains march in six months with a decline during the previous week for the first time in six weeks, after last Wednesday ended their longest daily gains march in more than three decades after having tested the $ 1,600 per ounce barrier For the first time in seven years, in the wake of reduced concerns about geopolitical tensions in the Middle East, particularly the outbreak of war between the United States and Iran

Technical analysis

The gold price made an attempt to breach the 1556.70 level, but today it begins with a bearish tendency to move below it, which keeps the bearish trend scenario in place for the coming period, supported by the negative crosshair signal presented by the stochastic indicator now, pending the direction towards our main targets that start at 1536.50 and extend to 1519.00.

Note that breaching 1556.70 and holding above it will stop the bearish corrective scenario and lead the price to restore the bullish main path again.

The expected trading range for today is between 1535.00 support and 1565.00 resistance.

Expected trend for today: bearish.

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The single currency fluctuated the euro in a narrow range tilted to the upside during the Asian session to witness its bounce for the second consecutive session from the top since December 26 against the US dollar on the cusp of developments and economic data expected today by the economies ...

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The single currency fluctuated the euro in a narrow range tilted to the upside during the Asian session to witness its bounce for the second consecutive session from the top since December 26 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 0.06% to 1.1129 levels compared to the opening levels at 1.1122, after the pair achieved its highest level during the trading session at 1.1131, while achieving the lowest at 1.1113, knowing, The pair started the trading session on an upward price gap after it concluded the trading last week at 1.1121 levels.

Markets are awaiting for the largest Eurozone economies, Germany, which issued a reading of the wholesale stocks price index, which may reflect a 0.2% increase compared to a decline of 0.1% last November, before we witness from Italy the third largest economy in the region, the issuance of the retail sales reading, which may indicate an increase 0.1% vs. 0.2% decline last October. Otherwise, investors are looking to the US economy for the Treasury to reveal the federal budget reading, which may reflect the deficit narrowing to $ 15.0 billion compared to $ 208.8 billion in November.

Technical analysis

The euro against the dollar pair begins trading today with an upward tendency to retest the previously broken support for the ascending channel, which turns into an important resistance now at 1.1140, and the SMA 50 meets to add more strength to this resistance, in conjunction with the stochastic reaching the overbought areas.

Consequently, these factors encourage us to favor a bearish bounce to resume the decline during the upcoming sessions, which mainly targets testing the 1.1060 level, noting that breaching 1.1140 then 1.1180 levels will stop the negative scenario and lead the price to restore the main bullish path again.

The expected trading range for today is between 1.1030 support and 1.1200 resistance.

Expected trend for today: bearish.

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The Australian dollar fluctuated in a narrow range tilted to the upside during the Asian session, to witness its bounce for the second session in four sessions, its lowest since December 19 against the US dollar, following the economic developments and data that it had reported on the Australian economy ...

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The Australian dollar fluctuated in a narrow range tilted to the upside during the Asian session, to witness its bounce for the second session in four sessions, its lowest since December 19 against the US dollar, following the economic developments and data that it had reported on the Australian economy and on the cusp of developments, data and developments expected on Monday 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 0.23% to 0.6910 levels compared to the opening levels at 0.6894, after the pair achieved its highest level during the trading session at 0.6913, while achieving the lowest at 0.6882, knowing , That the pair started the trading session on a falling price gap after it concluded the trading last week at 0.6901 levels.

We have followed the Australian economy, the Melbourne Institute (MI) revealed a reading of the inflation gauge index, which showed a growth of 0.3% against stability at zero levels in November, while the annual reading of the same index showed that growth slowed to 1.4% versus 1.5%, otherwise Investors are looking to the US economy for the Treasury to reveal the Federal Budget reading, which may reflect the deficit narrowing to $ 15.0 billion, compared to $ 208.8 billion in November.

Technical analysis

The Australian dollar versus the US dollar found it difficult to exceed the EMA50, to start providing positive trades on its way to test the 0.7015 level again, so that the bullish bias is likely during the upcoming sessions supported by the positivity of the stochastic indicator.

We point out that a break of 0.6875 will stop the expected rise and put pressure on the price to visit the 0.6800 level as a next negative target.

The expected trading range for today is between 0.6875 support and 0.6975 resistance.

Expected trend for today: bullish.

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The pair is trading below 0.6930 in anticipation of the new US-China trade deal to be signed this Wednesday, which may become a driver for local growth of the pair.

The price is above the middle Bollinger band, above SMA 5 and SMA 14. RSI is above the 50% level ...

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The pair is trading below 0.6930 in anticipation of the new US-China trade deal to be signed this Wednesday, which may become a driver for local growth of the pair.

The price is above the middle Bollinger band, above SMA 5 and SMA 14. RSI is above the 50% level and indicates a weakening of the price growth. Stoch are rising up in the overbought zone.

Trading recommendations:

If the price crosses 0.6930, it may experience a limited increase to 0.7025.

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Xu hướng chung là giảm. Cặp tiền này đang giao dịch trong phạm vi moving average 365 và 135. Một start fractal được hình thành dưới mức moving average 135, sau đó là một signal fractal. Việc vượt qua start fractal sẽ dẫn đến mô hình giảm của cấp độ ...

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Xu hướng chung là giảm. Cặp tiền này đang giao dịch trong phạm vi moving average 365 và 135. Một start fractal được hình thành dưới mức moving average 135, sau đó là một signal fractal. Việc vượt qua start fractal sẽ dẫn đến mô hình giảm của cấp độ H1 trong xu hướng giảm tổng thể. Ngoài ra, một phân kỳ giảm giá đã được hình thành trên chỉ báo Awesome Oscillator.


 
Đề xuất giao dịch:
Bán ở mức phá vỡ cấp minor 0.9720.
Dừng lỗ cho tối đa cục bộ là 0.9762.
Cấp mục tiêu - 0.9680 (cấp thứ cấp); 0,9650 (cấp trung gian + bẫy cho pros).

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The Nord Stream 2 gas pipeline is set to complete construction and launch. According to the CEO of Gazprom Alexey Miller, Russia will be able to complete the pipeline without foreign aid. Angela Merkel also stated that the Nord Stream 2 needs to be built, and called the American sanctions ...

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The Nord Stream 2 gas pipeline is set to complete construction and launch. According to the CEO of Gazprom Alexey Miller, Russia will be able to complete the pipeline without foreign aid. Angela Merkel also stated that the Nord Stream 2 needs to be built, and called the American sanctions wrong.

The support level is 251.27 on the way of the bears. Stochastic Oscillator indicator signals oversoldness.

Trading recommendations:

Buy while an ascending pattern is forming, where the wave (as) breaks through the inclined channel of the descending pattern, completing it.

Stop loss under the local minimum (251.27).

Target levels - 256.56; 261.70.

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The overall trend is downward. The pair is trading in the range of 365 and 135 moving averages. A start fractal was formed below the 135 moving average, followed by a signal fractal. Breaking through the start fractal will result a downward pattern of the H1 level within the overall ...

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The overall trend is downward. The pair is trading in the range of 365 and 135 moving averages. A start fractal was formed below the 135 moving average, followed by a signal fractal. Breaking through the start fractal will result a downward pattern of the H1 level within the overall downward trend. Also, a bearish divergence was formed on Awesome Oscillator indicator.

Trading recommendations:

Sell at the breakout of the round minor level 0.9720.

Stop Loss for the local maximum is 0.9762.

Target levels - 0.9680 (round secondary level); 0.9650 (round intermediate + trap for pros).

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EURGBP (13.01.2020)

Time frame

Trend

Call levels

Put levels

Xpir time

Н1

Flat

0.8455; 0.8480; 0.8512; 0.8543; 0.8557.

0.8582; 0.8557; 0.8543; 0.8512; 0.8480.

1-3 TF

Time of the publication of important economic news

GBP – 12:30.

 

 

EURNZD (13.01.2020)

Time frame

Trend

Call levels

Put levels

Xpir time

Н1 ...

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EURGBP (13.01.2020)

Time frame

Trend

Call levels

Put levels

Xpir time

Н1

Flat

0.8455; 0.8480; 0.8512; 0.8543; 0.8557.

0.8582; 0.8557; 0.8543; 0.8512; 0.8480.

1-3 TF

Time of the publication of important economic news

GBP – 12:30.

 

 

EURNZD (13.01.2020)

Time frame

Trend

Call levels

Put levels

Xpir time

Н1

Bearish

1.6625; 1.6694; 1.6780; 1.6820; 1.6865.

1.6865; 1.6820; 1.6780; 1.6694.

1-3 TF

Time of  the publication of important economic news

---

 

When buying an option against the trend, confirmation of other technical analysis tools is mandatory - the presence of divergence, candlestick reversal patterns. Buying against the trend strictly at 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 tools of technical and fundamental analysis.

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The US dollar fluctuated in a narrow range tilted to the upside during the Asian session, to witness its bounce for the third consecutive session from the lowest since October 10 and to promise to resume its weekly gains that were stopped last week for the first time in four ...

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The US dollar fluctuated in a narrow range tilted to the upside during the Asian session, to witness its bounce for the third consecutive session from the lowest since October 10 and to promise to resume its weekly gains that were stopped last week for the first time in four weeks against the Japanese yen after the developments and economic data that It was reported on the Japanese economy and is on the cusp of developments and economic data expected Friday by the US economy.

At 06:04 am GMT, the US dollar pair rose against the Japanese yen by 0.05% to 109.57 levels compared to the opening levels at 109.52, after achieving the highest level since December 27 at 109.60, while achieving the lowest during trading The session is at 109.46.

We have followed on from the Japanese economy the release of the annual reading of the household spending index, which showed a decline in the decline to 2.0% in line with expectations, compared to 5.1% in the previous annual reading of last October, and this came before we witnessed the disclosure of the reading of the leading indicators, which showed a decrease to Its value was 90.9 in line with expectations, compared to 91.6 in October.

On the other hand, investors are currently awaiting by the US economy the disclosure of labor market data for the past month, which may reflect the stability of unemployment rates at the lowest in five decades of time at 3.5%, while a reading of the employment change index for sectors other than agriculture may show a slowdown in the pace of creation Jobs to 162 thousand jobs compared to 266 thousand jobs. The reading of the average hourly income index may show that the growth accelerated to 0.3% compared to 0.2%.

Technical analysis

The dollar versus yen made a clear breach of 109.33 and closed the daily candle above it, which activates the bullish trend scenario over the intraday basis, on its way to visit the 110.50 level as a next main station.

Consequently, a bullish bias will be favored for today, noting that breaking 109.33 and holding below it will put the price under negative pressure aimed at testing the 108.40 level initially.

The expected trading range for today is between 108.70 support and 110.30 resistance.

Expected trend for today: bullish.

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