years on the market

Analytic reviews

Reviews by date:

July 2019

Shares in Sberbank continue the bearish path after it came out of the bullish channel that was floating in it.

The price was able to break through the moving averages and the movement is under the moving averages 20-50-7 where it moves above the price and constitutes price resistance levels ...

Read more...

Shares in Sberbank continue the bearish path after it came out of the bullish channel that was floating in it.

The price was able to break through the moving averages and the movement is under the moving averages 20-50-7 where it moves above the price and constitutes price resistance levels

Stochastic is within the oversold area in a sideways path in a bearish path

Expected movement between support 211.40 and resistance 258.39

General trend of the movement: bearish

Hide

The Australian dollar fluctuated in a tight range slipping towards the Asian session as it rebounded from its highest since April 24 against the US dollar amid a lack of economic data at the end of the week by the Australian economy and on the eve of economic developments and ...

Read more...

The Australian dollar fluctuated in a tight range slipping towards the Asian session as it rebounded from its highest since April 24 against the US dollar amid a lack of economic data at the end of the week by the Australian economy and on the eve of economic developments and data expected on Friday by the economy American.

At 0239 GMT, the AUDUSD dropped 0.10% to 0.7068, compared with the opening levels of 0.7076, after recording a 0.7054 low, while a three-month high of 0.7082 .

Investors are now eyeing the US economy, the largest economy in the world, to reveal the preliminary reading of the University of Michigan consumer confidence index for July, which may reflect a contraction to 98.6 from 98.2 in June, as consumer expectations for inflation for the year One coming and five years ahead.

This comes ahead of the Federal Open Market Committee meeting at the annual meeting of the Central Bank Research Association in New York, including St. Louis Federal Reserve Chairman James Pollard on technology and the future of the monetary and financial system, and Federal Reserve Bank Chairman Eric Rosengren, who will participate in a panel discussion On the independence of central banks.

Technical Analysis

 

The AUDUSD shows further bullishness after confirming the breach of resistance of the descending channel appearing in the image, and moving within a bullish intraday channel that organizes the corrective correction wave, awaiting the test of 0.7140 as the next major station.

Therefore, we expect the bullish bias to continue in the coming sessions with steady price above 0.6985, noting that a breach of the target will push the price to 0.7205 as the next major station.

The trading range for today is expected among the support at 0.7020 and resistance at 0.7140

The general trend for today is bullish

Hide

The single currency of the European Union region fluctuated in a narrowly bearish range during the Asian session to see its 11-session rally in nineteen sessions from its highest since March 21 against the US dollar on the eve of the economic developments and data expected on Friday by speculative ...

Read more...

The single currency of the European Union region fluctuated in a narrowly bearish range during the Asian session to see its 11-session rally in nineteen sessions from its highest since March 21 against the US dollar on the eve of the economic developments and data expected on Friday by speculative economies Euro and the US economy.

At 05:06 GMT, the EURUSD fell 0.15% to 1.1260, compared to the opening at 1.1277, after reaching a session low of 1.1241, while reaching a high of 1.1282.

The markets are currently awaiting the release of the Producer Price Index (PPI), which is a preliminary indicator of inflationary pressures, which could reflect the contraction of the June contraction at 0.1%, while the annualized reading may show growth slowing to 1.5% from 1.9% In the previous annual reading for the month of May.

This comes before we see the economies of the euro area as a whole disclosure of the seasonally adjusted index of the current account index, which may reflect the widening of the surplus to the value of 21.2 billion euros compared to 20.9 billion euros last April, otherwise, we have followed yesterday the Chief Commissioner of the European Union And responsible for the file of the exit of Britain from the European Union Michel Barnier that the Union will not negotiate again on the current agreement for the departure of Britain from it.

On the other hand, investors are currently looking for the US economy to be the largest economy in the world to reveal the preliminary reading of the University of Michigan consumer confidence index for July, which may reflect a narrowing to 98.6 from 98.2 in June, with expectations Consumers for inflation for one year ahead and for the next five years.

This comes ahead of the Federal Open Market Committee meeting at the annual meeting of the Central Bank Research Association in New York, including St. Louis Federal Reserve Chairman James Pollard on technology and the future of the monetary and financial system, and Federal Reserve Bank Chairman Eric Rosengren, who will participate in a panel discussion On the independence of central banks.

Technical Analysis

 

The EUR / USD pair made a positive trading session yesterday, which stopped before reaching 1.1295, to show some slight bearishness now, so that the price remains confined between the pivotal levels of resistance mentioned and support 1.1180. As mentioned in our recent reports, the price needs to breach one of these levels to determine The next step more precisely, thus maintaining our neutral position to date.

We will mention that breaching the resistance will lead the price to recover and achieve positive targets starting at 1.1350 and extending to 1.1443, while breaching support will press the price to resume the short and medium term downside, where the next main target is at 1.1100.

The trading range for today is among the key support at 1.1160 and resistance at 1.1350

The expected general trend today: Depends on the levels mentioned in the report

Hide

Gold futures fluctuated in a narrowly bearish range during the Asian session to see their rebound from the top since May 10, 2013. The US dollar index fell for a third straight session on the back of economic developments today Friday by the US economy and with the pricing of ...

Read more...

Gold futures fluctuated in a narrowly bearish range during the Asian session to see their rebound from the top since May 10, 2013. The US dollar index fell for a third straight session on the back of economic developments today Friday by the US economy and with the pricing of markets for tensions in the Middle East.

Gold futures for August delivery fell 0.27% to currently trade at $ 1,444.40 per ounce, compared to the opening at $ 1,448.30 per ounce. The contracts started trading on a bullish gap after closing Yesterday at $ 1,428.10 per ounce, while the dollar index fell 0.01% to 96.81 compared to the opening at 96.82.

Investors are now eyeing the US economy, the largest economy in the world, to reveal the preliminary reading of the University of Michigan consumer confidence index for July, which may reflect a contraction to 98.6 from 98.2 in June, as consumer expectations for inflation for the year One coming and five years ahead.

This comes ahead of the Federal Open Market Committee meeting at the annual meeting of the Central Bank Research Association in New York, including St. Louis Federal Reserve Chairman James Pollard on technology and the future of the monetary and financial system, and Federal Reserve Bank Chairman Eric Rosengren, who will participate in a panel discussion On the independence of central banks.

The Federal Reserve and Federal Reserve Bank of New York Chairman John Williams yesterday said that currency cuts to increase competitiveness were not a good idea, and that a double rate cut this year could support a higher yield curve, adding that the move is now against any possible slowdown. Reported that inflation remained below target at 2%, boosted federal interest rate cuts by the end of the month.

Federal Reserve Governor Jerome Powell said last Tuesday that inflation in the United States accelerated last month to 1.7 percent, saying inflationary pressures remained below the Fed's target and that the Federal Reserve was "carefully monitoring" negative risks to US growth. "Will act as necessary to maintain the expansion," echoing what he said in his testimony to Congress last week.

On Thursday, US President Donald Trump said the US Amphibious attack ship "Boxer" had shot down an Iranian marlin approaching a thousand yards in the Strait of Hormuz. The spokesman for the Pantheon, Jonathan Hoffman, said: "At about 10 o'clock Morning local time, the Boxer vessel was sailing in international waters bound for the Strait of Hormuz to carry out planned passage in advance.

Technical Analysis

The price of gold succeeded in confirming the breach of 1438.90 after closing the daily candlestick above it, confirming the extension of the bullish wave over the short term and short term, on its way to achieve more gains expected in the coming period, noting that our next main target is at 1500.00

SMA 50 continues to support the suggested bullish wave, noting that a break of 1438.90 could press the price to test the 1408.00 areas before any new attempt to rise.

The trading range for today is expected among the support at 1430.00 and resistance at 1460.00

The general trend for today is bullish

Hide

AUDUSD
 
The pair remains in a short-term uptrend supported by the still strong GDP growth in China, Australia's important trading partner. It’s also supported by the increased expectations of 0.5% interest rate cuts by the Fed this July.
The price is above the middle Bollinger band, above ...
Read more...
AUDUSD
 
The pair remains in a short-term uptrend supported by the still strong GDP growth in China, Australia's important trading partner. It’s also supported by the increased expectations of 0.5% interest rate cuts by the Fed this July.
The price is above the middle Bollinger band, above SMA 5 and SMA 14. RSI is below the overbought area and is turning down. Stoch are leaving the overbought zone and indicate a downwards reversal.
Рекомендации по торговле:
Ожидаем коррекционного снижения пары к 0.7040. Считаем возможным покупать ее от этой отметки.
Hide

Amazon returned to test the support level 1953.11 after resistance resistance 2034.12 in front of the price

  The summit, which was formed in September last year.

The price is hovering above the 20 and 50 moving averages which form price support levels and pressure on it to rise ...

Read more...

Amazon returned to test the support level 1953.11 after resistance resistance 2034.12 in front of the price

  The summit, which was formed in September last year.

The price is hovering above the 20 and 50 moving averages which form price support levels and pressure on it to rise and test the resistance again.

  Stochastic is in a downtrend so we can see the price try to fall

  The test test support 1953.11.

The expected movement between 1885.00 support and 2050.79 resistance

General direction of the movement: upward

Hide

The US dollar rose during the US session to rebound to the second session of its lowest since June 26, while still the second consecutive weekly losses against the Japanese yen following developments and economic data that followed the Japanese economy, the third largest economy in the world and on ...

Read more...

The US dollar rose during the US session to rebound to the second session of its lowest since June 26, while still the second consecutive weekly losses against the Japanese yen following developments and economic data that followed the Japanese economy, the third largest economy in the world and on the threshold Developments and economic data expected Friday by the US economy.

At 06:00 GMT, the USDJPY rose 0.32% to 107.64 compared to the opening levels at 107.30, after reaching the highest level at 107.68, while the lowest level at 107.22.

On the Japanese economy, the National Consumer Price Index (CPI) showed a stable growth of 0.7% in June, while the annual reading of the same index, excluding fresh food, showed a slowdown in growth to 0.6% In May, the annual reading of the index excluding energy and fresh food reflected growth stability at 0.5%.

On the other hand, investors are currently looking for the US economy to be the largest economy in the world to reveal the preliminary reading of the University of Michigan consumer confidence index for July, which may reflect a narrowing to 98.6 from 98.2 in June, with expectations Consumers for inflation for one year ahead and for the next five years.

This comes ahead of the Federal Open Market Committee meeting at the annual meeting of the Central Bank Research Association in New York, including St. Louis Federal Reserve Chairman James Pollard on technology and the future of the monetary and financial system, and Federal Reserve Bank Chairman Eric Rosengren, who will participate in a panel discussion On the independence of central banks.

Technical Analysis

 

The USD / JPY pair underwent a significant negative trading yesterday after retesting the broken neckline of the head and shoulders pattern shown in the image. The price is under continuous negative pressure coming from the SMA 50, so the bearish trend will remain intact during the coming sessions, targeting 106.78 mainly .

Stability below 108.10 is important for the continuation of the expected decline, as breaching it will lead the price to return to the upside correction and achieve positive targets starting at 108.93.

The trading range for today is expected among the support at 106.80 and the resistance at 108.10

The general trend for today is bearish

Hide

The Australian dollar fluctuated in a narrow range inclined during the Asian session to see its fifth session rebound in seven sessions from its lowest since June 21 against the US dollar following developments and economic data that followed on the Australian economy and on the eve of developments and ...

Read more...

The Australian dollar fluctuated in a narrow range inclined during the Asian session to see its fifth session rebound in seven sessions from its lowest since June 21 against the US dollar following developments and economic data that followed on the Australian economy and on the eve of developments and economic data expected on Thursday from Ahead of the US economy, the world's largest economy.

At 02:28 GMT, the AUDUSD rose 0.17% to 0.7022, compared to the opening levels of 0.7010, after reaching a high of 0.7027, while reaching a low of 0.7006.

We have followed the Australian economy to reveal data on the labor market, which showed the stability of unemployment rates, unchanged from last May, in line with expectations at 5.2%, with the reading of the index of change in employment decreased to 0.5 thousand from 45.3 thousand in May / May, below expectations of 9.1K, and coinciding with a reading of the Business Confidence Index rose to a value of 6 versus 1 decline in the first quarter.

The Reserve Bank of Australia's monetary policy meeting minutes reported Tuesday that "the board will continue to closely monitor labor market developments and adjust monetary policy if necessary to support sustained growth and inflation target over time" and that "low interest rates will provide more jobs for Australians And help to make sure that inflation is progressing towards the target. "

On the other hand, investors are currently looking for the US economy reading the index of claims for the week ending on 13 of this month, which may reflect a rise of 7 thousand applications to 216 thousand applications compared to 209 thousand applications in the previous weekly reading, Investors for the week ended on the sixth of this month, down by 23 thousand applications to 1,700 thousand applications against 1,723 thousand applications.

The markets are also looking to the world's largest industrial nations to see the Philadelphia Manufacturing Index, which may reflect a widening to 5.0 versus 0.3 in June, ahead of the leading indices reading, which may show 0.1% growth versus zero- And Federal Reserve Bank of New York Chairman John Williams on monetary policy at the annual meeting of the Central Bank Research Association in New York.

Technical Analysis

The AUDUSD offers new positive trading to test the pivotal resistance of 0.7044, while Stochastic remains negative, awaiting the protection of the suggested negative scenario in our recent reports, which depends on stability below the mentioned level, while its main targets start at 0.6970 and extend to 0.6900 .

The trading range for today is expected among the support at 0.6970 and the resistance at 0.7060

The general trend for today is bearish.

Hide

Cisco shares tested the resistance level at 58.20 at the beginning of this week's trading and could not break it back to 57.16

  Where the moving averages move below the price and form support levels for the price and press it to rise.

Stochastic in a bearish ...

Read more...

Cisco shares tested the resistance level at 58.20 at the beginning of this week's trading and could not break it back to 57.16

  Where the moving averages move below the price and form support levels for the price and press it to rise.

Stochastic in a bearish path after it came out of the overbought area so we are likely to see some correction on the price and the downside and test support levels 54.00-51.28

The general trend of the movement is bullish

Hide

The single currency of the European Union region fluctuated in a narrow upward range during the Asian session to see its rebound for the second straight session since July 9 when its lowest since June 19 against the US dollar was tested amid tight economic data from Ahead of euro-zone ...

Read more...

The single currency of the European Union region fluctuated in a narrow upward range during the Asian session to see its rebound for the second straight session since July 9 when its lowest since June 19 against the US dollar was tested amid tight economic data from Ahead of euro-zone economies and on the eve of developments and economic data expected Thursday by the US.

At 04:41 am GMT, the EURUSD rose 0.13% to 1.1239, compared to the opening at 1.1224, the pair's low during the session, while the pair reached a high of 1.1242.

Investors are currently waiting for the US economy to read the Jobless Claims reading for the week ending on the 13th of this month, which could reflect a rise of 7K to 216K vs. 209K in the previous week's reading. On the sixth of this month decreased by 23 thousand applications to 1,700 thousand applications against 1,723 thousand applications.

The markets are also looking to release the Philadelphia Manufacturing Index, which may reflect a widening to 5.0 vs. 0.3 in June, ahead of the leading index reading, which could show 0.1% growth versus zero in May, And Federal Reserve Bank of New York Chairman John Williams on monetary policy at the annual meeting of the Central Bank Research Association in New York.

Technical Analysis

The EUR / USD pair is showing a quiet upward trend to test the SMA 50, and the price continues to fluctuate between the pivotal levels of 1.1180 and resistance at 1.1295. As noted yesterday, the price needs to break through one of these levels to define its next target more precisely, thus keeping us neutral so far. .

We will note that breaking this support will push the pair to further decline and head towards 1.1100 as a next downside, while breaking the resistance will lead the price to start new recovery attempts targeting 1.1350 and then 1.1443 initially.

The trading range for today is among the key support at 1.1150 and resistance at 1.1330

The expected general trend today: Depends on the levels mentioned in the report

Hide

Choose your language