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commodities Fundamental analysis aaab

2017-08-13 09:21 am | Resource: | No Views : 1183

the oil today is rising based on the fall of the US reserve of oil and Venezuela penalties ,and the gold is consolidating,  and we expect it to maintain its uptrend.

the fundamental analysis of the gold.

the gold has declined from its levels in the Friday trading session, and we expect the gold to maintain its bullish trend, because of the weak US which dampens the possibility of another federal reserve rate hike  data, besides the tension in North Korea ,all this fundamentals  are pushing the price of the yellow metal up.
The gold closed on Friday upside 1258$ level, and if maintain its price upside this level, we expect the gold to maintain its bullish trend.

The fundamental analysis of oil.

The price of the oil has reached 50$ today, which is its highest price since two months, The price of oil maintain its bullish trend supported with the fall of USA oil reserve and the fears of penalties on Venezuela, as US officials said that the administration of Mr president Donald trump, might sign penalties on the sector of oil in Venezuela. 
Oil has bounced about 10% of its price ,since the meeting of OPEC members and non OPEC members like Russia ,and the members have declared the commitment to support the price of oil by decreasing the supply in the global market.
So, based on this fundamentals, we expect the oil to bounce in the next few days

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Best Opportunities, Vision and Technical Analysis for the USD/JPY pair 17 April 2019

We offer you the analysis of the US dollar against the Japanese Yen on Wednesday, April 17, 2019 with the most important expectations for the dollar against the Japanese yen on the market. Time frame Used - four hours The USD/JPY is moving in a bullish direction in the near term. USD/JPY is still facing resistance and selling pressure around 112.10 as the USD-JPY closed yesterday's session down below 112.00…

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