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26.01. Fresh trading analysis: US and Asian markets fall, new economic data


Tuesday, January 26th, today’s news—European markets are up, positive sentiment in Germany's industrial exports, UK jobless rate is at almost five-year high. American indices fall, Asian markets hit a two-month low, dollar is stronger. The price of Brent oil is $55.91, WTI—$53.03, EUR/USD is at 1.2127, GBP/USD—1.3650, gold is $1,852.00 per …

Gold analysis

Gold futures contracts fluctuated in an upward sloping range during the Asian session, to witness a resumption of their rebound from the lowest since the beginning of December amid the negative stability of the US dollar index according to the inverse relationship between them on the cusp of developments and …

Amazon stock analysis

Amazon returned to the upside after bouncing from the support level 3114.40 to the upside to trade the stock within the ascending channel in which it was trading, which is shown in the chart. Although the watch is currently testing the resistance level at 3330.00

We notice on the chart …

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