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Japanese Yen Analysis 06-07-2021

The dollar against the yen pair shows quiet negative trading, moving below the EMA50, which supports the continuation of our expectations for the bearish trend, which aims to test the support of the ascending channel, which is now at 110.20.

 

Therefore, we await further decline on the intraday basis, …

Euro Analysis 06-07-2021

 

 

The euro against the dollar did not show any strong movement yesterday, to maintain its stability below the 1.1888 level, and therefore, there is no change in the bearish trend scenario that depends on stability below the mentioned level, supported by the negative pressure formed by the EMA50, …

Gold Analysis 06-07-2021

Gold futures fluctuated in a narrow range tilted to the upside during the Asian session, to witness its rebound to the fourth session from its lowest since April 15, amid the rebound of the US dollar index for the third consecutive session from its highest since the sixth of the …

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