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The stock is trading in an upward price channel in the range of its lower border. The pivot zone of 277.40 holds back sellers. Bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator indicator signals oversoldness with parameters 30.10.10. The pivot zone of 280.09 holds back buyers.

Trading recommendations:

Buy on the current uptrend above the pivot zone of 280.09.

Stop Loss under the pivot zone 277.40.

Target levels - 288.00; 295.00.

The Australian dollar fluctuated in a narrow upward range during the Asian session to witness the rebound to the tenth session in 15 sessions from the lowest since March 18, 2009 against the US dollar on the eve of developments and economic data expected on Tuesday by the Australian economy and its counterpart US economy The largest economy in the world.

At 02:35 am GMT, the AUDUSD rose 0.01% to 0.6869 levels from opening levels of 0.6868, after hitting its highest level since September 16 at 0.6883, while the pair The trading session was at 0.6863.

Investors are currently awaiting the Australian economy to reveal the reading of the leading indicators for August, before we also see later today the Reserve Bank of Australia's assistant governor on financial markets, Christopher Kent, in a panel discussion at the International Exchange and Derivatives Association in Sydney.

On the other hand, markets are looking ahead to the US economy to reveal the housing market data with the release of the existing home sales index which may show a decline of 0.7% to 5.45 million homes compared to a rise of 1.3% at 5.49 million homes in August, and that comes before we see The Richmond Manufacturing Index is expected to show contraction shrinking to 7 vs. 9 in September.

Technical Analysis

AUDUSD is creeping upwards quietly, noting that the pair is forming a double bottom pattern, which is highlighted in the chart above, supporting the continuation of the bullish trend over the coming period, targeting 0.7015 as the next major stop.

Therefore, we hold onto our bullish outlook unless 0.6800 is broken and holds below it.

Expected trading range for today is between 0.6820 support and 0.6920 resistance

Expected trend for today: Bullish

The single currency of the European Union fluctuated in a narrow and bullish range during the Asian session to witness the rebound of the twelfth session in the sixteen of the lowest since May 12, 2017 against the US dollar and amid the lack of economic data by the economies of the euro area and on the eve of developments The economic data expected on Tuesday by the US economy, the largest economy in the world.

At 04:54 AM GMT, the EURUSD rose 0.03% to 1.1153 levels compared to the opening at 1.1150, after the pair reached its highest level during the session at 1.1157, while the pair achieved the lowest at 1.1146.

Investors in the US economy are awaiting the release of the housing market data with the release of the Existing Home Sales which may show a decline of 0.7% to 5.45 million versus a rise of 1.3% at 5.49 million in August. The Richmond Manufacturing Index may show contraction shrinking to 7 vs. 9 last September.

Technical Analysis

EUR / USD is fluctuating around the 1.1150 level, and the Stochastic has eliminated its negative momentum to reach oversold areas, waiting for the price to stimulate resuming the bullish bias in the coming sessions, where the price needs to breach the 1.1180 level to confirm the extension of the bullish wave towards 1.1280.

Therefore, we will continue to favor the bullishness over intraday and short term basis, provided that the price maintains its stability above 1.1060.

Expected trading range for today is between 1.1060 support and 1.1250 resistance.

Expected trend for today: Bullish.

Gold futures fluctuated in a narrow range, tilted lower during the Asian session, ignoring the decline of the US dollar index for the twelfth session in fifteen sessions from the highest since May 12, 2017 according to the inverse relationship between them on the eve of developments and economic data expected today Tuesday by the US economy and amid hopes of a vote of the British parliament on the agreement of the exit of the United Kingdom from the European Union and with optimism about the chances of resolving trade disputes between Washington and Beijing.

At 03:32 am GMT, gold futures for December delivery rose 0.20% to trade at $ 1,484.85 an ounce compared with the opening at $ 1,484.63 an ounce, shrugging off the dollar index 0.01% to 97.30 compared to the opening at 97.31.

Investors in the US economy, the world's largest, are looking ahead to the release of the housing market data with the release of the Existing Home Sales which could show a 0.7% decline to 5.45 million homes versus a rise of 1.3% to 5.49 million in August. The Richmond Manufacturing Index is expected to show contraction shrinking to 7 vs. 9 last September.

On the other hand, we followed earlier this week US President Donald Trump expressed his hopes to sign a trade agreement with his Chinese counterpart Xi Jinping during the Asia-Pacific Economic Cooperation (APEC Summit) to be held early next month in Chile. Work to complete the partial trade agreement between Washington and Beijing, adding that China is currently buying US agricultural products.

White House economic adviser Larry Kudlow also said Monday that tariffs on Chinese goods could be abolished if the first phase of trade negotiations between the world's two largest economies is completed well, saying things look good and that negotiations Washington and Beijing still exist, adding that human rights are an important issue in these negotiations.

Chinese Vice Premier Liu Hu said Saturday that the United States and China have made "significant progress" in trade talks, following a partial trade agreement earlier this month, adding that both Washington and Beijing are working Signing a written agreement between them as a basis for resolving the existing trade disputes between the two parties.

In view of the developments in the Brexit file, markets are now looking forward to the British parliament's vote on the agreement reached last week by Prime Minister Boris Johnson with the EU on the orderly exit of the UK from the EU. Johnson extended the deadline for his country out of the union for three months.

It is noteworthy that the British parliament voted last Saturday by 322 votes to 306 votes on the amendment submitted by MP Oliver Litwin, which states that if the agreement reached by the Johnson government with the European Union is not officially ratified, in that case automatically does a law already passed in Parliament obliges the British Prime Minister to ask the European Union to postpone the departure date for three months from 31 October.

Technical Analysis

Gold managed to breach 1485.00 and close the daily candlestick below it, which supports our continuation of the bearish trend effectively in the coming period, paving the way for a visit to 1447.00, which represents the 38.2% Fibonacci correction level for the entire rise measured from 1269.50 to 1556.70.

Therefore, the bearish scenario will remain favored for today, supported by negative pressure from SMA 50, noting that the continuation of the expected decline requires stability below 1504.00.

Expected trading range for today is between 1465.00 support and 1500.00 resistance.

Expected trend for today: Bearish.

Google shares have entered the ascending channel where it has been moving for three weeks, benefiting from the positive support of the moving averages.

The price is moving above the 20-7-50 moving averages that form support levels and press it to rise.

The Stochastic is giving a bearish signal within the overbought area, so a breakout from this zone will push the price down

The general direction of movement is:  Bullish

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 range, tilted lower during the Asian session to witness the rebound for the third session in four sessions from its highest since early August, when it tested the highest since late May against the Japanese yen amid the lack of economic data by the Japanese economy and on the threshold Economic developments and data expected on Tuesday by the US economy, the largest economy in the world.

At 05:59 AM GMT the USDJPY fell 0.01% to 108.61 levels compared to the opening levels of 108.62, after the pair reached its lowest level during the session at 108.56, while the highest level at 108.73.

Investors in the US economy are awaiting the release of the housing market data with the release of the Existing Home Sales which may show a decline of 0.7% to 5.45 million versus a rise of 1.3% at 5.49 million in August. Richmond Industrial which may show contraction shrank to a value of 7 vs. 9 in September.

Technical Analysis

USDJPY has held steady above 108.40, showing positive trades in an attempt to move away from the mentioned level, supporting the continuation of the bullish trend scenario that is regulated within the ascending channel shown in the picture, waiting to test 109.33 as the next stop.

Keep in mind that a break of 108.40 will pressure the price to return to the downside and achieve negative targets starting at 107.45.

Expected trading range for today is between 108.00 support and 109.33 resistance

Expected trend for today: Bullish

The currency pair is in the flat range of its lower border. Stochastic Oscillator indicator signals oversoldness. Completion of the downward pattern by breaking through the inclined channel will provide an opportunity for growth within the horizontal price channel.

Trading recommendations:

Buy while an ascending pattern 123 is forming strictly after breaking through the inclined channel of the descending pattern.

Stop loss under the support level 1.7328.

The stock is trading in an upward price channel in the range of its lower border. The support level of 237.0 held back sellers.

A bullish divergence has formed on TF H1 of Awesome Oscillator indicator, and Stochastic Oscillator signals oversoldness. The nearest resistance level is 239.50.

Trading recommendations:

Buy strictly above the resistance level of 239.50.

Stop Loss below the support level of 237.00.

Target levels - 242.00; 246.50; 249.00; 255.28.

The pair is trading below 1.1170, awaiting the outcome of the ECB monetary policy meeting. If the pair fails to rise above this mark, it will likely start a correction.

The price is above the middle Bollinger band, below SMA 5 and SMA 14. RSI has come out of the overbought zone and is declining. Stoch unfold upwards.

Trading recommendations:

If the pair drops below 1.1140, it is likely to continue to correct up to 1.1100, and then to 1.1070.