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The overall trend is downward. The price pivot zone 0.6780 holds back buyers. The pair is trading in the range of 365 and 135 moving averages. A bearish divergence has formed on Awesome Oscillator indicator. The breakout of the round intermediate level 0.6750 will result in the formation of a descending pattern of the M30 level within the descending wave (C) of the H4 level.

Trading reccomendations:

Sell Below 0.6750.

A Stop Loss of 0.6780.

Target levels - 0.6700; 0.6680.

The pair is consolidating in a narrow range of 1.0990-1.1020 due the continuing by the USD which is supported by the strong US economic data, but its noticeable growth is held back by the uncertainty of the US-China trade talks.

The price is below the middle line of the Bollinger band, above SMA 5, but below SMA 14. RSI is located below the level of 50% and gradually decreases. Stoch are growing.

Trading recommendations:

The price is expected to continue trading flat on the Thanksgiving holiday. The pair may start dropping after breaking the strong support level of 1.0990, possibly to 1.0950.

MTS decided to pay double-digit dividends, which makes the company quite attractive for investors.

The overall trend is upward. The resistance level of 303.80 became the support level (the price pivot zone). Stochastic Oscillator indicator signals oversoldness.

Trading recommendations:

Buy Above 307.00.

Stop Loss under the price pivot zone 303.80.

Target levels - 315.33; 321.00.

When buying an option against the trend, it is necessary to confirm other instruments of technical analysis - the presence of divergence, candlestick reversal patterns. Buy against trend strictly on level retest! 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.

The US dollar fluctuated in a narrow uptrend range during the Asian session to witness the bounce for the fifth consecutive session from the lowest since November 14 against the Japanese yen amid the lack of economic data from the Japanese economy, the third largest economy in the world and on the eve of developments and upcoming economic data Wednesday by the largest US economy in the world.

At 06:02 AM GMT, the USDJPY rose 0.09% to 109.15 levels from the opening levels of 109.04 after the pair reached its highest level during the session at 109.18, while the lowest level at 109.02.

Investors are currently awaiting the US economy to reveal the second reading of GDP, which may reflect the expansion of the largest economy in the world 1.9% in the third quarter, little change from the previous preliminary reading, and the second reading of GDP measured in prices may show the stability of growth at 1.7 % Was also unchanged from the initial reading of the previous quarter.

This comes in conjunction with the release of the Durable Goods Orders reading, which accounts for about half of consumer spending, which accounts for more than two-thirds of US GDP, which may reflect a contraction in the decline to 0.5% from 1.2% in September, while the core reading may appear. The index is up 0.2% vs. 0.4% in September.

This is also in conjunction with the release of the index of claims for the last week on the 23rd of this month, which may reflect a decrease of 4 thousand applications to 223 thousand applications compared to 227 thousand applications in the previous weekly reading, as may read the index of claims applications for investors for the past week on 16 This month, a decline of 5 thousand applications to 1,690 thousand applications against 1,695 thousand applications.

The data released by the Chicago Purchasing Managers' Index (PMI), which may reflect a contraction in the contraction to 47.2 from 43.2 in October, before the release of the US housing market data with the release of the reading. Existing home sales may show slower growth to 0.2% versus 1.5% in September.

This comes in conjunction with the release of personal spending and income data which may reflect the acceleration of personal spending growth to 0.3% vs. 0.2% in September, and the stabilization of personal income growth at 0.3% unchanged from the previous reading in September Core CPE reading could show a 0.2% growth versus steady zero levels in September.

Later in the day, investors are also awaiting the release of the Beige Book report, which is important two weeks before the FOMC meeting, which is one of the pillars on which the Fed's monetary policy makers base their decisions and directions to support and stimulate the US economy. With markets currently pricing for opportunities to resolve trade disputes between Washington and Beijing

Technical Analysis

USDJPY is showing new positive trades to approach 109.33, and is getting positive support from SMA 50 and Stochastic, waiting for a breach of the mentioned level to confirm the extension of the bullish wave towards 110.50.

Therefore, we will maintain our bullish outlook for the coming period, keeping in mind that a break of 108.40 will stop the expected rally and press the price to turn lower.

Expected trading range for today is between 108.60 support and 109.80 resistance

Expected trend for today: Bullish

Gold futures fluctuated in a narrow range, tilted lower during the Asian session to witness the bounce for the fourth session in six sessions from the highest since November 7 amid the positive stability of the US dollar index according to the inverse relationship between them on the eve of developments and economic data expected Wednesday from The US economy has accepted the world's largest economy and in the shadow of market pricing opportunities to resolve trade disputes between Washington and Beijing.

At 04:58 AM GMT gold futures for February delivery fell 0.15% to trade at $ 1,466.10 an ounce compared to the opening at $ 1,468.30 an ounce, knowing that the contracts started the session on a bullish price gap after yesterday's trading ended At $ 1,467.40 an ounce, with the US dollar index up 0.04% to 98.34 compared to the opening at 98.30.

Investors are currently awaiting the US economy to reveal the second reading of GDP, which may reflect the expansion of the largest economy in the world 1.9% in the third quarter, little change from the previous preliminary reading, and the second reading of GDP measured in prices may show the stability of growth at 1.7 % Was also unchanged from the initial reading of the previous quarter.

This comes in conjunction with the release of the Durable Goods Orders reading, which accounts for about half of consumer spending, which accounts for more than two-thirds of US GDP, which may reflect a contraction in the decline to 0.5% from 1.2% in September, while the core reading may appear. The index is up 0.2% vs. 0.4% in September.

This is also in conjunction with the release of the index of claims for the last week on the 23rd of this month, which may reflect a decrease of 4 thousand applications to 223 thousand applications compared to 227 thousand applications in the previous weekly reading, as may read the index of claims applications for investors for the past week on 16 This month, a decline of 5 thousand applications to 1,690 thousand applications against 1,695 thousand applications.

The data released by the Chicago Purchasing Managers' Index (PMI), which may reflect a contraction in the contraction to 47.2 from 43.2 in October, before the release of the US housing market data with the release of the reading. Existing home sales may show slower growth to 0.2% versus 1.5% in September.

This comes in conjunction with the release of personal spending and income data which may reflect the acceleration of personal spending growth to 0.3% vs. 0.2% in September, and the stabilization of personal income growth at 0.3% unchanged from the previous reading in September Core CPE reading could show a 0.2% growth versus steady zero levels in September.

Later in the day, investors are also awaiting the release of the Beige Book report, which is important two weeks before the FOMC meeting, one of the cornerstones of the Fed's policy makers' decision-making to support the US economy. With the markets looking ahead to the developments of the trade war between Washington and Beijing.

In view of the developments in the US-China trade war, the Ministry of Commerce reported that senior trade commissioners from Washington and Beijing held a phone call on Tuesday morning to discuss how to "resolve the core issues". US President Donald Trump also yesterday expressed the fact that the trade talks With China, the first phase of the trade deal is nearing completion after negotiators from both sides spoke by telephone.

US national security adviser Robert O'Brien said last Saturday that a trade agreement with China could be reached by the end of this year, and we would like to point out that markets are awaiting whether Washington will do its tariffs on Chinese goods worth $ 156 billion by January 15. December will either freeze its decision until further notice.

Technical Analysis

Gold has been testing the resistance of the descending channel and is starting to bounce back from there, supported by overbought signs appearing through Stochastic, awaiting the price to stimulate further negative trading today, where our first target is at 1447.00.

A break above this target will push the price to 1413.10 as the next corrective target, while a breach of 1464.00 is a positive factor that will push the price for more intraday gains and test 1489.00 areas before any fresh attempt to decline.

Expected trading range for today is between 1440.00 support and 1470.00 resistance.

Expected trend for today: Bearish.

The single currency fluctuated in a narrow range against the US dollar on the eve of developments and economic data expected Wednesday by the largest economies of the euro zone Germany and the US economy The largest economy in the world.

At 05:29 AM GMT the EURUSD fell 0.08% to 1.1012 levels from the opening levels of 1.1021 after hitting a session low of 1.1011 and a high of 1.1025.

Markets are looking ahead to Germany's reading of the import price index, which may reflect a 0.2% decline versus a 0.6% rise in September. Otherwise, we continued on Tuesday the European Commission announced an investigation into changes made by Chinese companies on steel. Corrosion by changing paint or increasing carbon content in order to avoid the European customs duties imposed on it up to 27.9%.

On the other hand, investors are currently awaiting the US economy to reveal the second reading of GDP, which may reflect the expansion of the largest economy in the world 1.9% in the third quarter, little changed from the previous initial reading, as the second reading of GDP measured in prices may show stability Growth at 1.7% was also unchanged from the previous quarter's preliminary reading.

This comes in conjunction with the release of the Durable Goods Orders reading, which accounts for about half of consumer spending, which accounts for more than two-thirds of US GDP, which may reflect a contraction in the decline to 0.5% from 1.2% in September, while the core reading may appear. The index is up 0.2% vs. 0.4% in September.

This is also in conjunction with the release of the index of claims for the last week on the 23rd of this month, which may reflect a decrease of 4 thousand applications to 223 thousand applications compared to 227 thousand applications in the previous weekly reading, as may read the index of claims applications for investors for the past week on 16 This month, a decline of 5 thousand applications to 1,690 thousand applications against 1,695 thousand applications.

The data released by the Chicago Purchasing Managers' Index (PMI), which may reflect a contraction in the contraction to 47.2 from 43.2 in October, before the release of the US housing market data with the release of the reading. Existing home sales may show slower growth to 0.2% versus 1.5% in September.

This comes in conjunction with the release of personal spending and income data which may reflect the acceleration of personal spending growth to 0.3% vs. 0.2% in September, and the stabilization of personal income growth at 0.3% unchanged from the previous reading in September Core CPE reading could show a 0.2% growth versus steady zero levels in September.

Later in the day, investors are also awaiting the release of the Beige Book report, which is important two weeks before the FOMC meeting, which is one of the pillars on which the Fed's monetary policy makers base their decisions and directions to support and stimulate the US economy. With the market now looking at the developments of the trade war between Washington and Beijing.

Technical Analysis

EUR / USD is showing slight negative trading at the beginning of the day, in a sign that the price is heading to resume the expected bearish trend for the coming period, where it gets a negative signal through Stochastic, waiting to stimulate the price to achieve our expected targets at 1.0995 then 1.0950.

Therefore, the bearish scenario will remain valid unless 1.1065 is breached and stabilized above it.

Expected trading range for today is between 1.0930 support and 1.1065 resistance

Expected trend for today: Bearish

AUDUSD holds steady below broken support, keeping negative pressure intact for the upcoming period, awaiting targeting 0.6725 then 0.6670 as next major stops, noting that SMA 50 supports the expected decline, which will remain intact unless breaching 0.6840 And persistence above it.

Expected trading range for today is between 0.6720 support and 0.6800 resistance.

Expected trend for today: Bearish.

Aeroflot continues the sideways movement between the support level of 103.99 and the resistance level of 107.36.

Around 7-20 moving averages that the price fluctuates around up and down.

The price is currently moving above SMA 20 while SMA 50 is still a support for the price.

Stochastic is on an uptrend and is approaching the overbought area which positively affects the price action and pushes it to test 107.36 resistance level.

Expected trend for today: Bullish.

The overall trend of the currency pair is downward. The pair is trading in the range of 365 and 135 moving averages directed downwards. A start fractal formed below 135 moving average. A bearish divergence has formed on Awesome Oscillator, while Stochastic Oscillator indicator signals overboughtness.

Trading recommendations:

Sell at the breakout of the start fractal (73.88).

Stop Loss for the resistance level 74.11.

Target levels - 73.50; 73.07.

If the pair rises to the level of 74.11, cancel the trading plan