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JPY analysis 09.08.2019

The US dollar fell during the Asian session to witness the bounce for the sixth session in seven sessions from its highest since May 31 last and is the second weekly loss in a row against the Japanese yen following the developments and economic data that followed from the Japanese …

Gold Analysis 09.08.2019

Gold futures fluctuated in a narrow, bullish range during the Asian session to stabilize near the highest in more than six years amid the decline of the US dollar index for the fifth session in seven sessions from the highest since May 15, 2017 according to the inverse relationship WASHINGTON …

Technical analysis 09.08.2019

AUDUSD

The pair is trading below 0.6830 after local growth prior to the explosive demand for risk assets. If the market sentiment gets worse again, the pair will turn down.

The price is above the middle Bollinger band, above the SMA 5 and SMA 14. RSI moves horizontally above the …

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