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Technical Analysis 06.12.2018

AUDUSD

The pair is under pressure due to the large-scale drop in demand for risk assets caused by investors’ concerns over the continuing slowdown in global economic growth. The markets also doubt that the  US-China deal reached in Argentina will stop the trade war between the countries.

The price is …

CSCO Analysis 06.12.2018

Cisco reached the historical peak of 49.12 on 10-30-2018 and reversed it from the correction to the 7 MA at 47.19 and the next support is 46.36, which is the convergence point of the 20-50 moving averages. Thus, the level of support is very strong.

The stochastic is giving a …

Gold Analysis 06.12.2018

Gold futures traded in a narrowly bullish range during the Asian session as the US dollar index fell on the back of economic developments expected Thursday by the US economy, the world's largest economy.

Gold futures for February delivery rose 0.24% to currently trade at $ 1,245.60 per ounce from …

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