Daily Trend
Publish Date : 2019/08/12 - 04:53

Daily Trend

Daily News: Today will not be a busy day in the economic calendar section and important news will not be released.

Ounce (XAUUSD): Gold ounces did not penetrate above 1509 on a daily basis last Friday and have a price correction to 1492. To this day, this reform can be seen as continuing, and the target is again seen as 1492 to 1486.

(EURUSD) : According to Friday's analysis, the growth trend may be in the range of 1.1250 to 1.1210 ( yesterday`s analysis is in place ).

(GBPUSD) : With the recent trend losing 1.2100 support to the pair, the pair continued to fall to 1.2000. For today it looks like support may be in place and the market may have a relative swing at 1.2080 but sellers can still open and Sign in again.

(USDCHF) : The pair traded lower at 0.9700 after Thursday's correction to 0.9700. It looks like the downtrend may continue up to the 0.9680 range.

(USDJPY) : The pair we expected to fall to 105.58 to the areas of 105.70 ,and then backed up today looks like it could grow to areas 106.34 and rebound back to 106. (Friday analysis is valid)

(USDCAD) : The pair holds support at 1.3185 and can reach 1.3280 as long as it is above support.

(AUDUSD) : The currency pair can be seen today at 0.6800 to 0.6825.

(NZDUSD) : The pair could also complete its correction and fluctuate to 0.6490.


Oil: Crude oil rebounded back above $ 54 to trigger a fake defeat and could see target 55 if this support stabilizes.


Dow Jones (wst30m): The Dow Jones today can be ranged from 26280 to 26460.


Disclaimer: The content in this article comprises personal opinions and should not be construed as containing personal and/or other investment advice and/or an offer of and/or solicitation for any transactions in financial instruments and/or a guarantee and/or prediction of future performance. Navasangold, its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness, of any information or data made available and assume no liability as to any loss arising from any investment based on the same.

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