Daily Trend
Publish Date : 2019/09/06 - 04:56

Daily analysis

Daily news: Today we will have Employment Change and Unemployment Rate in Canada,and Non-Farm Employment Change and Unemployment Rate in US on economic calendar.

XAUUSD: Gold prices fell as it was expected, It seems that Gold prices may continue falling down to 1505 for today.

EURUSD: it rose according to yesterday’s analysis. It may rebound to 1.050 for today.

GBPUSD: The pair may rebound to 1.2280 as it is already in an upside trend,then it may continue rising again.

USDCHF: the pair may fall from 0.9870 area to 0.9840.

USDJPY: the prices may rise up to 107.30 according to the existence of 106.65 resistence in yesterday’s analysis and the breakout above it.

USDCAD: the pair may continue falling down to 1.3176 area.

AUDUSD: pair still trying to hold the already upside trend and it is fluctuating around 20 pips.

NZDUSD: the pair had a rebound to 0.6365 area,then It started to have an upside movement. It seems that the pair may rise up to 0.6400.

Crude oil: It may reach the target at 56.65 for today.

Dow jones: it started to rise as reports suggesting Global risk is decreasing and also US and China negotiations resume. It may rise up to 27000 area for today.

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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