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JPY Analysis 29.08.2019

The US dollar fell during the Asian session to witness the rebound for the third session in five sessions from the highest since August 15 against the Japanese yen following the developments and economic data that followed from the Japanese economy, the world's third largest economy and on the eve …

AUD Analysis 29.08.2019

AUDUSD managed to break the support of the bearish triangle mentioned yesterday and closed the daily candle below it, activating the negative effect of this pattern, prompting the price to continue the bearish trend, and the road is open to test the 0.6700 level which represents our first target.

Thereby, …

Technical analysis 29.08.2019

GBPUSD

The pair is consolidating above 1.2180 amid the prospect of no-deal Brexit. This will have a negative impact on the pound, which may cause the pair to continue dropping locally.

The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is below 50% and …

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