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AUDJPY analysis 09.01.2020

Stochastic Oscillator indicator signals overboughtness, while a bearish divergence formed on Awesome Oscillator. The currency pair is trading in the range of 365 and 135 moving averages directed downwards. The upward movement is probably a wave (B) forming an H8 level downward pattern. The formation of the descending wave pattern …

USDJPY analysis 09.01.2020

The rise of the US dollar during the Asian session to witness its bounce for the second consecutive session from the lowest since October 10 against the Japanese yen amid the scarcity of economic data by the Japanese economy and on the cusp of developments and economic data expected today …

Gold analysis 09.01.2020

Gold price futures fluctuated in a narrow range tilted to the upside during the Asian session amid the negative stability of the US dollar index according to the inverse relationship between them after the economic developments and data that were reported by the Chinese economy as the largest consumer of …

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