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Gold analysis 17.08.2020

Futures contracts for gold prices fluctuated in a narrow range that tends to decline during the Asian session, to witness its rebound to the fifth session in seven sessions from its highest ever, overlooking the bounce of the US dollar index for the fourth consecutive session from its high since …

JPYUSD analysis 17.08.2020

The US dollar fluctuated in a narrow range that tends to decline during the Asian session, to witness its retracement of the third session from its high since July 23 against the Japanese yen after the developments and economic data that we followed about the Japanese economy before the developments …

NZDUSD technical analysis 17.08.2020

The pair is trading above the strong support level of 0.6520. The pair is negatively affected by the US-China tensions, ahead of the RBNZ meeting minutes to be released on Tuesday.

Technical side:

The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is …

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