Analytic reviews

There is no new movement in the Amazon stock as the stock continues to rise after holding the support level 1765.27 against the price where he tested several times last week and was unable to penetrate to continue the upward trend of the price.

The price fluctuates above the moving averages 20 and 50 which support the price to rise and continue in the bullish path.

Stochastic in the oversold area and out of it may push the price for a correction and retest support.

The expected movement between 1765.27 support and 1890.43 resistance.

The general direction of the movement: neutral.

AUDUSD

The pair is correcting downwards after reaching a local maximum. It’s likely to resume growth following the expected weakness of the USD after the downwards correction.

The price is above the lower Bollinger band, below SMA 5, but still above SMA 14. RSI is below the overbought territory and is slowly moving down. Stoch are leaving the overbought zone and indicate a downwards reversal.

Trading recommendations:

Sell the pair as it drops below 0.7160 with a possible target of 0.7130. Then buy it from this level as the prices may resume growing to 0.7200.

The US dollar fluctuated in a narrow bullish range during the Asian session to see its rebound to its second-lowest session since the beginning of April against the Japanese yen following developments and economic data that followed the Japanese economy, the third largest economy in the world and on the eve of developments and economic data expected Thursday by the US economy, the world's largest economy.

At 05:59 GMT, the USDJPY rose 0.05% to 111.07 from the opening levels of 111.01, after reaching a high of 111.13, while the lowest at 110.91.

We followed the Bank of Japan's release of the annual reading of the Bank of Japan's M2 lending index, which showed a steady growth of 2.4% in line with expectations, unchanged from last year's February reading. This came hours after Bank of Japan Governor Haruhiko Kuroda That his country's economy is growing at a moderate pace and that the Japanese central bank's inflation target of two percent helps stabilize the currency in the long term.

Kuroda also said Wednesday that the Bank of Japan is trying to create the conditions in which inflationary pressures are accelerating in parallel with the rise in corporate profits and the increase in wages, with the hope that inflation may stabilize at only one percent as the momentum of wage growth weakens, adding that exports and productivity are affected by the slowdown of economic growth And that achieving inflation target of 2% may take some time, explaining that it is appropriate to proceed with monetary easing.

On the other hand, the markets are currently waiting for the US economy to release the Producer Price Index (PPI), which is a preliminary index of inflationary pressures, which may reflect a rapid growth to 0.3% from 0.1% in February, while the same index may show growth stability at 1.9 A little less than the previous year's reading for February.

In the same context, the core reading of the PPI may accelerate growth to 0.2% from 0.1% in February, while the core annualized reading of the same index may show a slowdown in growth to 2.4% from 2.5% in the previous reading, Which is expected to rise by 8K to 210K during the week of April 6th.

The ongoing jobless claims index may also show a rise of 18K to 1,735K in the last week on March 30th, before the Federal Open Market Committee (FOMC) meeting was attended by Fed Deputy Governor Richard Clarda and Michel Baumann Main Bank of New York Fed and St. Louis Fed John Williams and James Pollard.

This comes hours after the minutes of the meeting of the Federal Open Market Committee held on 19-20 March, which touched on patience and control of developments and economic data with a gradual reduction of the reduction of bond buyback until September, amid the reduction of the Commission's expectations for the pace Growth and raising its unemployment expectations, as well as its expectations of a rate hike this year, while the Committee kept its expectations of raising it once next year and then agreed to stay at rates between 2.25% and 2.50%.

Technical analysis:

The USDJPY pair touched 110.86 and rebounded from there. The upside scenario remains valid for the coming period, supported by the positive signal provided by Stochastic, awaiting a breach of 111.25 to facilitate the move toward the main target at 112.14.

Keep in mind that a break of 110.86 and stability below it will put the price within the corrective correction path again.

The trading range for today is expected among the support at 110.60 and the resistance at 112.00.

The general trend for today is bullish.

Gold futures fluctuated in a narrow range slipping towards the Asian session to see their rebound for the second high session since March 27 as the US dollar index rebounded, rebounding to the second session of its lowest since 28 of the same month according to the inverse relationship between them after Economic developments and data that followed it on the Chinese economy, the largest consumer of metals globally and on the brink of developments and economic data expected Thursday by the US economy, the largest economy in the world.

Gold futures for June delivery fell 0.13% to currently trade at $ 1,310.30 per ounce, compared to the opening at $ 1,312.40 an ounce, while the US dollar index rose 0.04% to 96.93 compared to the opening at 96.89. 

We have followed the Chinese economy, the world's second-largest economy, to reveal inflation data, which showed the accelerated growth of inflationary pressures, with the annual CPI reading accelerating growth to 2.3% from February's previous reading and expectations of 1.5% The PPI accelerated to 0.4% from the previous reading and expectations at 0.4%.

On the other hand, the markets are currently waiting for the US economy to release the Producer Price Index (PPI), which is a preliminary index of inflationary pressures, which may reflect a rapid growth rate of 0.3% versus 0.1% in February, while the same index may show growth stability at 1.9 A little less than the previous year's reading for February.

In the same context, the core reading of the PPI may accelerate growth to 0.2% from 0.1% in February, while the core annualized reading of the same index may show a slowdown in growth to 2.4% from 2.5% in the previous reading, Which is expected to rise by 8 thousand requests to 210 thousand applications during the week of the sixth of April this year.

The ongoing jobless claims index may also show a rise of 18K to 1,735K in the last week on March 30, before Federal Open Market Committee members Richard Clareda and monetary policy at the top of the Institute for International Financial Policy in Washington.

This comes hours after the minutes of the meeting of the Federal Open Market Committee held on 19-20 March, which touched on patience and control of developments and economic data with a gradual reduction of the reduction of bond buyback until September, amid the reduction of the Commission's expectations for the pace Growth and raising its unemployment expectations, as well as its expectations of a rate hike this year, while the Committee kept its expectations of raising it once next year and then agreed to stay at rates between 2.25% and 2.50%.

Otherwise, we also followed yesterday the EU and UK leaders reached an agreement to extend the deadline for Britain's exit from the EU until the end of October. The President of the European Council, Donald Tusk, said that this development provides "an additional six months for the United Kingdom to find the best solution "ECB President Mario Draghi warned of downside risks as he said the euro zone's economic growth momentum was slowing after the ECB decided to stay at zero interest rates.

The International Monetary Fund (IMF) on Tuesday revised its forecast for the world economy's growth rate for the year 2019 to its lowest in a decade to 3.3% from 3.5% in its previous forecast, while keeping its forecast for global growth next year 2020 at 3.6% With little change from previous forecasts, which has rekindled investors' concerns about slowing global economic growth.

Technical analysis:

Gold is trading above the aforementioned resistance area, but we note that there is a resistance line that is putting pressure on the price, so the possibility of forming the top triangle formation remains intact and the price needs to trade below 1301.60 again to resume the corrective correction.

Stochastic is showing negative signs now, which is a negative incentive that we expect to push the pair lower during the coming sessions. Therefore, we believe that opportunities are available for resuming the downside move today, with the next key target at 1275.30, while achieving a breach of 1301.60, below the 1312.00 level.

The trading range for today is expected among the support at 1280.00 and resistance at 1315.00.

The general trend for today is bearish.

The single currency of the European Union region fluctuated in a narrow upward range during the Asian session to see its fourth session rebound in eight sessions from its lowest since March 7 when its lowest since June 26, 2017, against the US dollar on the eve of Developments and economic data expected Thursday by the economies of the eurozone and the US economy, the largest economy in the world.

At 05:03 am GMT, the EURUSD rose 0.05% to 1.1280 compared to the opening at 1.1274, after reaching the highest level in the session at 1.1281, while achieving a low of 1.1267.

The markets are waiting for the euro zone's largest economy to release the final CPI reading, which could reflect a 0.4% growth instability, unchanged from the previous February reading and the previous January reading before the reading was released. Of the same index for France, the second largest economy of the region, which may reflect the stability of growth at 0.8% against stability at zero levels.

On Wednesday, EU leaders and the United Kingdom agreed to extend the deadline for Britain's exit from the EU until the end of October. European Council President Donald Tusk said that this development provides "an additional six months for the United Kingdom to find the best solution" "ECB President Mario Draghi warned of downside risks as he said the euro zone's economic growth momentum was slowing after the ECB decided to stay at zero interest rates.

As we have seen yesterday, the EU's trade commissioner Celisia Malmstrom said that the EU wants to avoid escalating the trade protectionism with the United States, especially with Airbus and Boeing, explaining that Brussels is ready to hold talks with Washington about Boeing and Airbus, American Donald Trump on imposing tariffs on his country's imports of European products estimated at $ 11 billion in response to the support of the European Airbus competition to Boeing Company of America.

On the other hand, the markets are currently waiting for the US economy to release the Producer Price Index (PPI), which is a preliminary index of inflationary pressures, which may reflect a rapid growth to 0.3% from 0.1% in February, while the same index may show growth stability at 1.9 A little less than the previous year's reading for February.

In the same context, the core reading of the PPI may accelerate growth to 0.2% from 0.1% in February, while the core annualized reading of the same index may show a slowdown in growth to 2.4% from 2.5% in the previous reading, Which is expected to rise by 8 thousand requests to 210 thousand applications during the week of the sixth of April this year.

The ongoing jobless claims index may show an increase of 18K to 1,735K during the week of March 30, before the Federal Open Market Committee's meeting with the two Fed Governor Richard Clarda and Michelle Bowman, Bank of New York Federal Reserve and St. Louis Fed John Williams and James Pollard.

This comes hours after the minutes of the meeting of the Federal Open Market Committee held on 19-20 March, which touched on patience and control of developments and economic data with a gradual reduction of the reduction of bond buyback until September, amid the reduction of the Commission's expectations for the pace Growth and raising its unemployment expectations, as well as its expectations of a rate hike this year, while the Committee kept its expectations of raising it once next year and then agreed to stay at rates between 2.25% and 2.50%.

Technical analysis:

The EURUSD pair continues to rise calmly near the 1.1287 resistance, and we still expect more intraday gains to test 1.1350 initially, relying on stability above 1.1235 as a first condition, noting that breaching the target will push the price towards 1.1443 as the next major station.

Keep in mind that breaking 1.1235 and 1.1180 will halt the expected rally and press the price to resume the short term bearish trend, which has the next target at 1.1100.

The trading range for today is expected between 1.1200 and 1.1360 support.

The expected general trend for today: temporarily bullish.

There is no new change on Cisco as the price continues to rise and new historical levels are achieved.

Positive momentum comes from moving averages that are still moving below the price in a bullish order of 7-20-50, respectively.

Stochastic in the zone of saturation of the purchase and if the intersection and exit from the saturation of the purchase is likely to see a correction movement of the price.

The general trend of the movement is bullish.

The Australian dollar fluctuated in a tight range slipping into the Asian session to see its rebound to its second-highest session since February 27 against the US dollar following developments and economic data that followed it on the Australian economy and on the eve of developments and economic data expected Thursday by the US economy The world's largest economy.

At 3:11 am GMT, the AUDUSD fell 0.18% to 0.7158, the pair's low during the session compared to the opening levels at 0.7171, while the pair reached a high of 0.7172.

On the Australian economy, the Melbourne Institute read consumer expectations for inflationary pressures, which showed a slowdown in growth to 3.9% from 4.1% in March, before we saw the talk of Assistant Governor of the Reserve Bank of Australia in charge of Risk Management Committee Jay Deebel At the annual meeting of the International Association of Exchanges and Derivatives.

On the other hand, the markets are currently waiting for the US economy to release the Producer Price Index (PPI), which is a preliminary indicator of inflationary pressures, which may reflect a rapid growth to 0.3% from 0.1% in February. 1.9%, unchanged from the previous year's reading for February.

In the same context, the core reading of the PPI may accelerate growth to 0.2% from 0.1% in February, while the core annual reading of the same index may show a slowdown in growth to 2.4% from 2.5% in the previous February reading. In conjunction with the disclosure of the reading of the index of requests for aid, which may show an increase of 8 thousand applications to 210 thousand applications during the week of the sixth of April.

The ongoing jobless claims index may also show a rise of 18K to 1,735K in the week before March 30, before Federal Open Market Committee (FOMC) Chairman Richard Clarda's discussion on economic and policy outlook Cash at the top of the Institute for International Financial Policy in Washington.

Before we see the speech of the President of the Bank of New York Federal Reserve John Williams at the annual conference of the Association for Development of Neighborhood and Housing in New York, and the speech of the President of the Bank of St. Louis Federal Reserve James Pollard about the economy and monetary policy at the Community Development Foundation in Tupelo, Mississippi, Federal Reserve Michelle Bowman delivered a speech entitled "Banking in the Age of Innovation" during the Federal Family Lunch hosted by the San Francisco Federal Reserve Bank.

This comes hours after the minutes of the Federal Open Market Committee meeting held on March 19-20, which dealt with a gradual reduction in bond buybacks until September, with the Commission reducing its growth forecast and raising its unemployment forecast. To drop its interest rate expectations for the year 2019, while the Committee kept its expectations to raise them once next year 2020 while agreeing to stay on interest rates between 2.25% and 2.50% at the time.

Technical analysis:

The AUDUSD gave a positive trading session yesterday to touch the resistance of the bullish intraday channel, and some temporary decline may be forced by the negativity of Stochastic, indicating that the main upside trend remains effective, relying on stability above 0.7044 main.

The trading range for today is expected among the support at 0.7100 and the resistance at 0.7220.

The general trend for today is bullish.

USDCAD Technical Analysis

The pair is still trading flat in anticipation of the results of the Fed’s March monetary policy meeting. If they reveal the central bank’s intention to reduce interest rates due to the slower growth of the US economy, the demand for risk and commodity assets would be supported. In this case, the pair may continue moving down.

The price is below the lower Bollinger band, below SMA 5 and SMA 14. RSI is below the level of 50% and has reversed downwards. Stoch are in the overbought territory and indicate a downwards reversal.

Trading recommendations:

Sell the pair if it passes the level of 1.3315 with a possible drop to 1.3250, with a target level of 1.3250.

USDJPY Analysis

The US dollar fluctuated in a narrow bullish range during the Asian session to see its rebound to its second-lowest session since the beginning of April against the Japanese Yen following developments and economic data that followed the Japanese economy, the third largest economy in the world and on the eve of developments and economic data expected Wednesday By the US economy, the world's largest economy.

At 06:04 GMT, the USDJPY rose 0.04% to 111.19 compared with the opening levels at 111.14, after reaching a high of 111.23, while the lowest at 111.06.

We followed the Japanese economy to release inflation data with the release of the Producer Price Index (PPI), a preliminary indicator of inflationary pressures, which showed growth at 0.3%, unchanged from last February, in contrast to expectations of slowing growth to 0.2%. , While the annual reading of the index showed growth accelerated to 1.3% versus 0.9%, also surpassing expectations of a growth acceleration of 1.0%.

This came in conjunction with a reading of machinery orders index rose 1.8% against 5.4% in January, below expectations of a rise of 2.8%, and the disclosure of the annual reading of the bank lending index, which showed acceleration of growth to 2.4% compared to the previous reading for February, February, and expectations at 2.3%, to show the annual reading of the machinery machinery machinery demand index shrinking to 28.5% compared to 29.3% in February.

The Japanese government announced earlier this year a 10-day holiday from Saturday 27 April to Monday, May 6 next to Japan's celebrations of the rise of the new emperor to rule there during the official holiday, and that the crown prince will be crowned by the beginning of next May, and we would like to point out that this holiday, which will last six full working days, will be the longest in Japan's history.

On the other hand, the markets are currently watching the US economy to detect inflation data with the release of the consumer price index, which may reflect the acceleration of growth to 0.3% compared to 0.2% in February, and may show the core reading of the same index accelerated growth to 0.2% The annual reading of the index may also show growth accelerating to 1.8% versus 1.5%, while the core annual reading of the index may show growth stability at 2.1%.

This comes before we see the talk of Federal Reserve Vice President and Federal Open Market Committee member Randall Quarles on the Financial Stability Roundtable on the progress of moving to current prices of risk in Washington, to reveal the minutes of the Federal Committee meeting held on 19-20 In which he agreed to stay at rates between 2.25% and 2.50%.

The Federal Open Market Committee (FOMC) agreed at its last meeting to gradually reduce its bond buyback until September, as it lowered its growth forecast and raised its unemployment forecast, as well as its expectations of an increase in interest rates in 2019 from two times in expectations Prior to the meeting of 18-19 December last year, while maintaining its expectations of a one-time increase next year 2020.

Technical analysis:

The USDJPY pair was subjected to negative pressure yesterday to break the 111.35 level and complete the formation of a minor negative pattern that might push the pair to visit 110.66 before resuming the main bullish trend, noting that the price starts today with a bullish bias on its way above the broken support, Supports the continuation of the overall positive scenario.

Therefore, we will maintain our bullish outlook for the coming sessions unless the 110.66 level is breached and below it, with the next key target at 112.12.

The trading range for today is expected among the support at 110.66 and the resistance at 112.00.

The general trend expected for today is overall bullish.

Gold Analysis 10.04.2019

Gold futures fluctuated in a narrow range slipping towards the Asian session to see their rebound for the second session since 28 March as the US dollar index rebounded, reversing its second session since the same day according to the inverse relationship between them on the start of the rally. The European summit in Brussels and the economic data expected on Wednesday by the economies of the euro area and the US economy is the largest economy in the world.

Gold futures for June delivery fell 0.11% to currently trade at $ 1,306.80 per ounce from the opening at $ 1,308.20 per ounce. The US dollar index rose 0.02% to 97.04 from the opening at 96.99.

Investors are looking to the upcoming European summit, which is expected to focus on the UK's exit from the European Union and to consider Prime Minister Theresa May's request to postpone her country's exit from the EU until the end of June. Discussing the trade negotiations of the Union with China and the United States.

On Tuesday, US President Donald Trump expressed his country's commitment to impose tariffs on European products supplied to the United States for $ 11 billion, saying that the World Trade Organization sees the EU's support for Airbus and its negative impact. On his country, adding that the Union benefited from trade with the United States for a long time and that it should stop soon.

This comes on the eve of the start of the European Central Bank meeting, during which interest rates could be kept at zero levels ahead of the forthcoming talk by ECB President Mario Draghi, who announced at the previous meeting a new round of long-term target refinancing "TLTROs" By September to March of 2021 with a two-year maturity of zero interest.

On the other hand, the markets are currently waiting for the US economy to release inflation data with the release of the consumer price index, which may reflect a rapid growth rate of 0.3% versus 0.2% in February. The core reading of the same index may also show a 0.2% The annual reading of the index may also show growth accelerating to 1.8% versus 1.5%, while the core annual reading of the index may show growth stability at 2.1%.

This comes before we see the talk of Federal Reserve Vice President and Federal Open Market Committee member Randall Quarles on the Financial Stability Roundtable on the progress of moving to current prices of risk in Washington, to reveal the minutes of the Federal Committee meeting held on 19-20 In which he agreed to stay at rates between 2.25% and 2.50%

Technical analysis:

The price of gold attempted to break through the resistance zone between 1301.60-1304.70 yesterday and failed to do so. Today, the movement within the gray zone started with a bearish bias, thus keeping the chances for resuming the expected bearish correction over the intraday basis supported by the negative cross Stochastic is now out of the overbought area, waiting to head towards 1275.30 which is our next main target.

From here, we continue to hold the downside for the coming period unless the pair settles above 1304.70, noting that the price constitutes a triple top pattern that supports the short term downside extension.

The trading range for today is expected among the support at 1280.00 and resistance at 1310.00.

The general trend for today is bearish.

EURUSD Analysis

The single currency of the European Union region fluctuated in a narrowly bearish range during the Asian session to see its rebound for the second straight session since March 27 against the US dollar on the eve of the European summit in Brussels and economic data expected on Wednesday by The economies of the euro area and the US economy are the largest economy in the world.

At 05:12 GMT, the EURUSD fell 0.02% to 1.1261, compared to the opening at 1.1263, after reaching the lowest level at 1.1256, while the highest at 1.1267

The markets are currently looking at the euro zone's second largest economy, with the Industrial Production Index showing a 0.5% drop from January's +1.3%, before we see the same indicator for Italy, the third largest economy in the region. Also showing a 0.5% drop compared to 1.7% in January.

This comes amid the anticipation of the markets for the launch of the European summit in Brussels, which is expected to focus on the UK exit from the European Union and consider the request of British Prime Minister Theresa May to postpone the departure of the country from the Union until the end of June, Trade negotiations with China and the United States.

Especially after US President Donald Trump on Tuesday via his official account on Twitter for the imposition of tariffs on European products being supplied to the United States of $ 11 billion, while addressing the fact that the World Trade Organization sees the European Union support of Airbus and its negative impact On his country, adding that the Union benefited from trade with the United States for a long time and that it should stop soon.

This is also on the eve of the launch of the European Central Bank (ECB) meeting, at which zero interest rates could be kept ahead of ECB Governor Mario Draghi's announcement of a new round of long-term refinancing (TLTROs) Starting from September to March of 2021 with a two-year maturity of zero interest.

On the other hand, the markets are currently waiting for the US economy to release inflation data with the release of the consumer price index, which may reflect a rapid growth rate of 0.3% versus 0.2% in February. The core reading of the same index may also show a 0.2% The annual reading of the index may also show growth accelerating to 1.8% versus 1.5%, while the core annual reading of the index may show growth stability at 2.1%.

This comes before we see the talk of Federal Reserve Vice President and Federal Open Market Committee member Randall Quarles on the Financial Stability Roundtable on the progress of moving to current prices of risk in Washington, to reveal the minutes of the Federal Committee meeting held on 19-20 In which he agreed to stay at rates between 2.25% and 2.50%.

The Federal Open Market Committee (FOMC) agreed at its last meeting to gradually reduce its bond buyback until September, as it lowered its growth forecast and raised its unemployment forecast, as well as its expectations of an increase in interest rates in 2019 from two times in expectations Prior to the meeting of 18-19 December last year, while maintaining its expectations of a one-time increase next year 2020.

Technical analysis:

The EURUSD pair did not show any strong movement yesterday, to stay stable above 1.1243, so there is no change on the temporary upside scenario, which targets 1.1350 and could extend to 1.1443 before going back down again.

Note that Stochastic is approaching the oversold areas now, while SMA 50 and SMA 20 are posing a positive pressure on the pair, which may push the price to test the resistance in the coming sessions, taking into account that the break of 1.1235 then 1.1180 will stop the expected rally and push the price down again.

The trading range for today is among the key support at 1.1180 and resistance at 1.1350.

The expected general trend for today: temporarily bullish.

AUDUSD Analysis

The Australian dollar fluctuated in a tight range slipping towards the Asian session to see its rebound for the second session in a row since March 21 when it tested its highest since the end of February against the US dollar following developments and economic data that followed the Australian economy And on the eve of developments and economic data expected Wednesday by the US economy, the largest economy in the world.

At 02:27 GMT, the Australian dollar was down 0.14% to 0.7114 compared to the opening levels at 0.7124, after reaching a low of 0.7112, while the highest at 0.7131.

We have followed the Australian economy to unveil the WISPAC Consumer Confidence Index, which has widened to 100.7 from 98.8 in March, on the heels of a recent talk by Assistant Governor of the Reserve Bank of Australia in charge of Risk Management Committee Jay Debel on the state of the economy at the event. Sponsored by Adelaide Business.

On the other hand, the markets are currently waiting for the US economy to release inflation data with the release of the consumer price index, which may reflect a rapid growth rate of 0.3% versus 0.2% in February. The core reading of the same index may also show a 0.2% The annual reading of the index may also show growth accelerating to 1.8% versus 1.5%, while the core annual reading of the index may show growth stability at 2.1%.

This comes before we see the talk of Federal Reserve Vice President and Federal Open Market Committee member Randall Quarles on the Financial Stability Roundtable on the progress of moving to current prices of risk in Washington, to reveal the minutes of the Federal Committee meeting held on 19-20 In which he agreed to stay at rates between 2.25% and 2.50%.

The Federal Open Market Committee (FOMC) agreed at its last meeting to gradually reduce its bond buyback until September, as it lowered its growth forecast and raised its unemployment forecast, as well as its expectations of an increase in interest rates in 2019 from two times in expectations Prior to the meeting of 18-19 December last year, while maintaining its expectations of a one-time increase next year 2020.

Technical analysis:

AUDUSD is fluctuating within the ascending sub-channel above the moving averages, and it is difficult to continue to rise and break the resistance 0.7153, affected by the negative results from stochastic entering the overbought area, waiting for a positive incentive enough to push the price to resume the bullish trend targeting 0.7210 as the next major station.

In general, we continue to favor the bullish trend in the coming sessions unless the level of 0.7044 is broken and stability below it.

The trading range for today is among the key support at 0.7065 and resistance at 0.7180.

The general trend for today is bullish.

Aeroflot Analysis

Aeroflot is moving within a sideways range between 95.78 and 99.94 in a sideways move.

At the beginning of this week, Aeroflot came back from the resistance 99.94 to return to the downside towards 95.68 support.

The price is currently exposed to negative bearish moving averages above the price and press it down.

The SMA 50 continues to be near the resistance at 99.94 with the Fibonacci retracement of 618% forming a strong resistance to the price.

Stochastic is in a bearish direction to increase negative pressure on the price and push it to test the support.

The general direction of movement is neutral.

The US dollar fell during the Asian session to witness a rebound to the third session of its highest since March 15 against the Japanese yen amid a lack of economic data by the Japanese economy, the third largest economy in the world and on the eve of developments and economic data expected Tuesday by the US economy largest economy in the world, which includes the talk of the members of the Federal Open Market Committee later today.

At 06:06 GMT, the pair fell 0.13% to 111.34 compared with the opening levels at 111.48, after recording a low of 111.28 and a high of 111.58.

Investors are currently looking for the US economy to release a statistical reading of job opportunities and job turnover, which may reflect a decline to 7.54 million versus 7.58 million in January, coming hours after the release of labor market data which showed unemployment stabilized at 3.8% Compatible with expectations during March.

In the same context, we followed Friday's reading of the Non-Farm Employment Change Index, which accelerated job creation to 196,000 jobs, compared with 33,000 jobs added in February, while average hourly earnings showed slower growth to 0.1 Versus 0.4%, worse than expectations for a slowdown in growth to 0.3%.

In addition, investors are also looking forward to the talks between Federal Reserve and Federal Open Market Committee members Randall Quarles and Richard Clareda. Quarles is scheduled to speak at the policy-making forum hosted by George Mason University in Virginia, before Clare gives a speech Under the title "Review of the Federal Reserve's Monetary Policy Strategy and Tools as well as Communication Practices" at the Spring Institute Conference within the Federal Reserve Bank of Minneapolis.

This comes hours before the minutes of the meeting of the Federal Committee held on 19-20 March Wednesday, which approved the stay of interest rates between 2.25% and 2.50% with the gradual reduction of the reduction of bond buyback until September, In September, amid lower expectations for growth and higher unemployment expectations, as well as a fall in expectations for a two-year increase in the 2019 interest rate in the 18 December-19 December forecast, while expectations for a one-time rise next year were kept up.

Technical analysis:

The USDJPY is back at 111.35 pivotal support again, and we note that the price is drawing a negative technical pattern that might press the price to test the most important support at 110.86 before attempting to bounce back.

So far, the main upside scenario remains effective unless the above support is broken, noting that SMA 50 is attempting to protect the suggested positive scenario, with the next key target at 112.14.

The trading range for today is expected among the support at 110.86 and the resistance at 112.14.

The general trend for today is bullish.

Google shares continue to trade within the ascending channel that has been moving since the beginning of this year after trying last week to test the support 1172.41 could not penetrate to bounce up and continue to move the upside which is trading within it.

The moving averages give price stability to the upside as it moves below it in a bullish order of 7-20-50, respectively.

Stochastic gives negative bearish signals as it is a negative cross forming and prepares to break out of the overbought area.

The range of movement between support 1137.90 and resistance 1236.30.