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Technical analysis 20.12.18

USDJPY

The pair is in downtrend following the Fed’s meeting results that demonstrated the regulator’s concern over the future of America’s economic growth, since the bank made clear its intention to continue hiking interest rates, while their quantity will depend on the economic situation. It creates uncertainty and pressure for …

AUDUSD Analysis 20.12.2018

The Aussie continues to decline as the US dollar for a second day after the mild rise started this weekend

Where it opened the day at 0.7106, recording the lowest price of 0.7089 and the highest price of 0.7124

Australian labor market data showed that the unemployment rate rose to …

CSCO Analysis 20.12.2018

Cisco was able to confirm the completion of the double-top reversal pattern as the price broke the neckline and managed to breach the support level 44.26 which is at 61.8 Fibonacci retracement and completed the bearish path to stop at 78.6 at 42.94 as this level supported the price.

In …

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