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Technical analysis 21.05.19

AUDUSD

The pair plummeted after the RBA head Philip Lowe announced possible interest rates reduction at the regulator’s meeting this June. This, as well as the lack of US-China trade deal, may pressure the pair to move downwards.

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

EUR analysis 20.05.2019

The single currency of the European Union region fluctuated in a narrowly bearish range during the Asian session, its lowest since May 3 against the US dollar on the eve of economic developments and data expected on Monday by the Eurozone economies amid a lack of economic data by the …

Gold analysis 20.05.2019

Gold futures fluctuated in a narrowly bearish range to see their fifth straight session rebound since April 11 as the US dollar index rose for the sixth consecutive session from its lowest since 18 of the same month according to the inverse relationship between them after the data Economic news …

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