The pair is trading above 1.3065. It’s affected negatively by the rising crude oil prices, which in turn are rising following the new global trade agreement signed by Asian countries this weekend.
Technical side:
The price is below the middle Bollinger band, above SMA 5, but below SMA 14.RSI …
Monday, November 16th, today’s news—China and 14 countries in the Asia-Pacific region sign a major trade deal that excludes the US. The region's markets are rising amid the deal, positive economic data in China and the vaccine cheer, European markets also rise, total number of COVID-19 cases in the US …
The US dollar fluctuated in a narrow range that tends to decline during the Asian session, to witness its retracement of the fourth session from its highest since October 20 against the Japanese yen following the developments and economic data that they followed on the Japanese economy and on the …
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