Daily reviews

EURUSD

The pair remains in a short-term uptrend. It continues to grow in the wake of the US dollar fundamental weakness due to various stimulus measures and the FED’s ultra-soft monetary policy. This growth will continue in the short term.

Technical side:

The price is located at the level of …

Tuesday, May 18th, today’s news— The Fed maintains its easy monetary policy amid weak US employment data. Deputy Chairman of the US Federal Reserve System (FRS) Richard Clarida believes that the COVID-19 pandemic has become an unprecedented shock for the American economy, and the recovery of economic activity after the …

The dollar against the yen pair closed the last daily candle below 109.22, to fall under expected negative pressure during the upcoming sessions, aiming to test the support of the bullish intraday channel at 108.65 initially, noting that breaking this level will extend the downside wave to reach 107.68 as …

Gold price shows more bullish tendency to try to breach the ascending channel resistance now, which supports expectations for the continuation of the main bullish trend, waiting for the trend towards 1900.00, which represents our next target, noting that SMA 50 continues to support the suggested bullish wave.

Consequently, …

#NVDA

The overall trend is upward. The stock is trading in a range of 365 and 135 moving averages and  an internal downward price channel. A start fractal has formed above 135 EMA. Breaking through the start fractal will  result in the formation of an ascending pattern of 1-2-3 and …

EURAUD

The ascending wave pattern of the H2 level is truncated. Awesome Oscillator shows a bearish divergence. The breakout of 1.5604 will result in the formation of a descending wave pattern, which completed the ascending truncated pattern by breaking through the inclined channel.

EURUAD rate online: monitor the price movement …

EURUSD

The pair remains in a short-term uptrend. It reached our target of 1.2180 yesterday amid the rising demand for risky assets and investors' continuing hopes for the short-term increase in inflation in the US, and this will not allow the Fed to change its current ultra-soft monetary policy.

Technical …

Monday, May 17th, today’s news—bitcoin sank by 10%! This is the most significant drop in the value of cryptocurrency since May 12. The price of Brent oil is $68.72 per barrel, WTI—$65.47. EUR/USD is at 1.2146, GBP/USD—1.4103, gold is $1.853.70 per ounce. Read the daily selection of analytical reviews from …

Futures contracts for gold prices fluctuated in a narrow range that tends to rise during the Asian session, to witness the highest since the tenth of February, overlooking the resumption of the US dollar index rebound from its lowest since the 25th of the same month for the second in …

The Australian dollar against the US dollar made an attempt to breach the 0.7765 level, but it returns to trade below it, which maintains the bearish trend scenario valid for the upcoming period, supported by the negative sign provided by the stochastic indicator, waiting to initially visit the …