Daily reviews

Sbearbank continues its bullish streak extending from three weeks ago. Where the price succeeded in breaching the resistance 202.00 and close above it for two days and wait for the closure for the third day until it is sure to break the resistance effectively.

The moving averages support the price …

GBPUSD

The pair is trading above 1.2850 following last week’s local reversal. It’s likely to resume decline, as there’s nothing to substantiate further growth so far.

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

GBPUSD

The pair has reached it local maximum level following the news that Theresa May will keep her position as the Prime Minister and will be able to continue Brexit talks with the EU. This means that the price may correct downwards due to local technical overboughtness.

The price is …

The US dollar fluctuated in a narrowly bullish range during the Asian session to see its ninth session retreat in its 12-session low since March 26 and to make its second straight weekly gain against the Japanese yen following developments and economic data that followed on Friday. The Japanese economy …

Gold futures fluctuated in a narrow range slipping into the Asian session, negating the negative stability of the US dollar index, indicating a rebound to the second session of the highest since January 4, according to the inverse relationship between them on the eve of developments and economic data expected …

The British pound rose during the US session to its highest since November 15 against the US dollar following developments and economic data that followed Thursday the British economy and its counterpart the US economy, the largest economy in the world.

The British House of Commons announced the date of …

The single currency of the European Union region fluctuated in a narrow upward range during the Asian session to see its rebound to its second-lowest session since January 4 against the US dollar on the eve of economic developments and data expected Friday by the Eurozone economies and the US …

Amazon continues to be on the uptrend for more than four weeks as the pair reached 1679.00, which is 50% Fibonacci retracement of the major downside movement

All indicators support the bullish movement. We see SMA 7 cross with SMA 50 and it is trading below and near the price …

EURUSD

The pair keeps consolidating amid the reports of slowdown in Germany, the leading economy of the eurozone. The continuing overall negative sentiment will further the pair’s local fall.

The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is above the oversold territory and …

Gold futures traded in a tight range slipping during the Asian session as the dollar index rose for the fifth session in six sessions from its lowest since October 16 according to the inverse relationship between them on the eve of developments and economic data expected Thursday by the US …