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Technical Analysis 07.12.2018

AUDUSD

The pair is under pressure against the background of decreasing risk appetite of investors. Favorable employment data in the US may push the pair further to a limited drop.

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

Amazon Analysis 07.12.2018

Amazon was succeeded in rebounding from the support level 1621.2 near the SMA 20 to approach the SMA 50 which is a resistance to the price will try to prevent it from rising again and reaching the target 1806.20 where the price is trading between the moving averages 7-20-50. …

Gold Analysis 07.12.2018

Gold futures rose during the American session to witness the highest since July 11 amid the rebound of the dollar index from the highest since the end of November last according to the inverse relationship between them following developments and economic data followed Thursday by the US economy largest the …

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