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Technical analysis 10.07.19

USDCAD

The pair is consolidating below 1.3140 in anticipation of the Bank of Canada monetary policy meeting, as well as Jerome Powell’s speech at the Senate. If the Canada’s central bank hints at possible interest rates reduction, while the Fed’s Chair doesn’t mention this at the Sente Banking Committee, the …

Google stock analysis 09.07.2019

Google shares were unable to breach the resistance at 1136.60 as the SMA 50 formed a barrier to the price and pushed it down again.

Price action under the negative pressure effect of the moving averages, especially the moving average 50 which approached the resistance 1136.14.

The moving average 20 …

Gold analysis 09.07.2019

Gold futures traded in a tight range slipping towards the Asian session to see their fifth session retreat from its highest since June 25, when it tested its highest since May 14, 2013, amid the positive stability of the US dollar index According to the opposite relationship between them on …

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