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AUDUSD analysis 07.10.2020

The Australian dollar against the US dollar succeeded in achieving our first awaited target at 0.7100 and stabilizes near it, waiting for further decline to surpass this level and pave the way for our next target that extends to 0.6964.

Consequently, the bearish trend scenario will remain valid and effective …

Gold analysis 07.10.2020

Futures contracts for gold prices fluctuated in a narrow range that tends to rise during the Asian session, to witness its rebound from its lowest since September 28, overlooking the bounce of the US dollar index for the second session from its lowest since the 21st of the same month …

USDJPY analysis 07.10.2020

The US dollar fluctuated in a narrow range that tends to rise during the Asian session, to witness its rebound for the second session in four sessions from its lowest since September 23 against the Japanese yen, following developments and economic data that they followed on the Japanese economy, which …

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