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The Sber Bank share continues to move within the ascending channel, as it attempts to test the resistance (215.70) as seen on the graph.

 In the medium term, the Speer Bank share is moving within a sideways path between the support levels (202.20) and resistance (215.70) within the upside channel, after the price ended the upward correction movement to return the price to rise again.

The current price movement occurs between the support level 202.23 and the resistance level 229.06 over the medium term.

While the main targets will be at the support level 185.80 and the resistance level 239.00.

 Moving averages are below the price (50 near the support level 202.63 and moving average 20 near level 209.40) and increase the possibility of a further price increase.

The general direction of the movement: upward path

The Australian dollar versus the US dollar traded positively yesterday, approaching our awaited target of 0.7200, and today begins with a bearish bias affected by the stochastic negativity, and it may test the pivotal support levels between 0.7095 and 0.7065 before returning to rise again.

Until now, we continue to favor the bullish trend for the upcoming period, provided stability above the above-mentioned support levels, noting that exceeding 0.7200 will push the price to 0.7290 as the next main target.

The expected trading range for today is between 0.7065 support and 0.7200 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 rebound from above since September 26, 2018 against the US dollar before the developments and economic data expected today Tuesday by the fourth largest euro area economy Spain and the American economy the largest economy in the world which Includes launch of the FOMC meeting in Washington.

At exactly 05:08 AM GMT, the euro against the US dollar fell 0.17% to 1.1732 levels, compared to the opening levels at 1.1752, after the pair achieved its lowest level during the trading session at 1.1714, while achieving the highest at 1.1774.

Investors are looking to the Spanish economy to disclose labor market data with the release of the unemployment rate index, which may show an increase to 16.6% compared to 14.4% in the first quarter. The chief commissioner of the European Union for the UK exit file, Michel Barnier, believes that British Prime Minister Boris Johnson has a desire to reach a trade agreement with the European Union.

On the other hand, investors are currently awaiting by the US economy the disclosure of housing market data with the release of the annual reading of the house price index, which may show accelerated growth to 4.1% compared to 4.0% last May, before the disclosure by the largest industrial country in The world reported a reading of the Richmond Industrial Index, which may reflect a widening of its value of 5 versus the stability at zero levels of 32.3 last June.

This comes with the release of the consumer confidence index, which may show a widening of the value to 94.0 compared to 98.1 in June, to start the activities of the Federal Open Market Committee meeting that will be held today Wednesday via satellite in Washington, which is expected to keep policymakers Cash at the Federal Reserve on interest rates is between zero and 0.25% for the third meeting in a row.

Technical analysis

The euro against the dollar trades stable around the 1.1760 level after yesterday's strong bullish rally, which is affected by the current stochastic negativity, pending the acquisition of a positive momentum sufficient to push the price to resume the main bullish trend, whose next target is located at 1.1815.

Thus, we continue to favor the bullish trend for the upcoming period, provided stability above 1.1675, as breaking this level will put the price under negative pressure targeting testing 1.1550 areas and it may extend to 1.1450 before any new attempt to rise.

The expected trading range for today is between 1.1680 support and 1.1850 resistance.

Expected trend for today: bullish.

Gazprom shares are moving around the support level of 185.80, as it settled in trading around this level after it opened trading last week on a falling price gap after it failed to return to the ascending channel that was moving within it.

The price is now moving below the averages 50 - 20-7 which form the first levels of resistance to the price.

While we have major resistance at 202.20 and key support at 158.75.

We see that the stochastic oscillator is returning to the movement within a descending path, thus it will press the price to breach the support at 185.80 and head down

The price action will be between the support level 158.75 and the resistance level 202.20.

The general direction of movement is neutral.

Gold price futures fluctuated during the Asian session to witness touching the levels of two thousand dollars per ounce for the first time in its history before bouncing to stabilize the highest levels of the opening amid the US dollar index rebound to the second session from the lowest since 14 June 2018 according to the inverse relationship between them before the developments and economic data Expected today, Tuesday, by the US economy, the largest economy in the world, which includes the launch of the activities of the Federal Open Market Committee meeting July 28-29.

At exactly 04:00 am GMT, gold futures contracts for next December delivery rose 0.03% to trade at $ 1,963.70 per ounce compared to the opening at $ 1,963.20 per ounce, knowing that the contracts started the trading session on an upward price gap after it concluded Yesterday's trading was $ 1,955.40 an ounce, while the US dollar index rose 0.26% to 93.81 compared to the opening at 93.56.

Investors are currently waiting for the US economy to disclose housing market data with the release of the annual reading of the house price index, which may show accelerated growth to 4.1% compared to 4.0% last May, before and before the disclosure by the largest industrialized country in the world for a reading The Richmond Industrial Index, which may reflect a widening of its value of 5 versus the stability at zero levels of 32.3 last June.

This comes in conjunction with the release of the consumer confidence index, which may show a shrinkage of expansion to 94.0 compared to 98.1 in June, leading to the launch of the FOMC meeting held today Wednesday via satellite in Washington, which is expected to keep manufacturers The Federal Reserve's monetary policy on interest rates is between zero and 0.25% for the third meeting in a row.

Technical analysis

Gold price started trading today with a new bullish rush to approach our waited target at the $ 2000.00 barrier, as the demand for the precious metal continues as a safe haven, but we note that the price is facing pressure from a selling wave and taking profits that may force the price to make a downward correction during the upcoming sessions, where we note that The price begins with testing the 23.6% Fibonacci retracement level for the upside wave that started from 1794.85 areas.

Therefore, we prefer to pause on neutral temporarily due to the possibility that the price will witness strong and mixed trading now, noting that a break of 1937.20 will press the price to make more bearish correction and target 1910.10 levels and it may extend to 1866.00 before any new attempt to rise, while consolidation above it will lead The price to resume the main bullish trend, noting that exceeding the 2000.00 level will extend the gold gains to reach the 2068.00 areas.

The expected trading range for today is between 1900.00 support and 2000.00 resistance.

Expected trend for today: neutral.

The fluctuation of the US dollar in a narrow range tilted to the upside during the Asian session, to witness the lowest since March 13 against the Japanese yen, following developments and economic data that were reported by the Japanese economy and before the economic developments and data expected today Tuesday by the US economy, the largest economy in the world, which Includes launch of the FOMC meeting July 28-29.

At exactly 05:57 am GMT, the US dollar pair rose against the Japanese yen by 0.19% to 105.57 levels compared to the opening levels at 105.37 after the pair achieved its highest level during the trading session at 105.69, while achieving the lowest at 105.69.

We have followed on from the Japanese economy, the second largest economy in Asia and the third largest economy in the world, to disclose inflation data with the release of the annual reading of the services price index by the Bank of Japan for the month of June, which showed the acceleration of growth to 0.8% in line with expectations against 0.5%, which was revised from 0.8% growth in the previous annual reading last May.

On the other hand, investors are currently awaiting by the US economy the disclosure of housing market data with the release of the annual reading of the house price index, which may show accelerated growth to 4.1% compared to 4.0% last May, before the disclosure by the largest industrial country in The world reported a reading of the Richmond Industrial Index, which may reflect a widening of its value of 5 versus the stability at zero levels of 32.3 last June.

This comes in conjunction with the release of the consumer confidence index, which may show a shrinkage of expansion to 94.0 compared to 98.1 in June, leading to the launch of the FOMC meeting held today Wednesday via satellite in Washington, which is expected to keep manufacturers The Federal Reserve's monetary policy on interest rates is between zero and 0.25% for the third meeting in a row

Technical analysis

The dollar against the yen managed to touch the 105.20 level and settle there, and we notice that the stochastic index has started to lose a positive momentum, waiting for a negative momentum that contributes to pushing the price to break the mentioned level and opening the way for the descending wave extension in the short term, where our next target is located at 103.65.

Consequently, the bearish trend scenario will remain likely for the upcoming period, noting that failure to achieve a breakout may push the price to test 106.00 levels and it may extend to 106.44 before any new attempt to decline.

The expected trading range for today is between 104.60 support and 106.00 resistance.

Expected trend for today: bearish.

NZDJPY

The overall trend is upward. The round important level of 70.00 is holding back sellers. A breakout of the resistance level of 70.57 will result in the formation of an ascending wave pattern.

NZDJPY rate online: monitor the price movement in real time.

Trading recommendations:

Buy above 70.57.

Stop Loss: 70.00.

Target levels: 71.19; 71.64.