The pair signals the possibility of a downward turn amid the reduced risk appetite in the markets, increased demand for the US dollar, as well as weak consumer inflation data in the UK published this morning.
Technical side:
The price is above the middle Bollinger band, below SMA 5 …
The US stock market is recovering after the pandemic-induced collapse. The US are gradually easing the quarantine measures, which has a positive impact on the economy.
The price pivot zone of 136.0 is holding back buyers on the Boeing chart. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator …
The Australian dollar fluctuated in a narrow range tilted to the upside during the Asian session, to witness the highest level since May 11 against the US dollar, following developments and economic data that were reported by the Australian economy and on the cusp of developments and economic data expected …
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