Daily Trend
Publish Date : 2019/09/05 - 04:30

Daily analysis

Daily news: Today we will have ADP Non-Farm Employment Change and it seems that the data will have good results and also we will have SNB Chairman Jordan Speaks on economic calendar.


XAUUSD: Gold prices couldn’t manage to break above 1552 despite yesterday’s rise,therefore,it started to fall.if it won’t be able to break above 1548,it can fall down to 1538.


EURUSD: the pair rose according to yesterday’s analysis.it may rebound to 1.1000 and then continue rising.


GBPUSD: the pair rose according to yesterday’s analysis,the pair may rebound about 20-40 pips for today and then continue rising again.


USDCHF: the pair fell as expected.it seems that prices will fall from 0.9850 area again.


USDJPY: if the prices break above 106.65 resistence area,it may break the weekly resistence and rise,otherwise it will be stucked in a range-bound trend in between 106.60 and 105.58.


USDCAD: the pair fell down to 1.3250 according to yesterday’s analysis.it may continue falling for today but before that it may get into a corrective wave.


AUDUSD: the pair reached the target as it was said on the website signal section.the pair may continue rising after a while(after getting out of range-bound trend).


NZDUSD: the pair reached 0.6163 according to yesterday’s analysis.the prices now may get into a range-bound area and again continue rising.



Crude oil: Oil prices are hovering around 53 and 56.50.its trend will be determined if it break any of them afforsaid areas.


Dow jones: the prices managed to reach 26350 and rised more.getting into long positions would be interesting after a corrective wave.


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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