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Technical analysis 20.05.19

EURUSD

The pair is still in downtrend as Mario Draghi and the ECB are expected to confirm their intention to continue with the soft monetary policy.

The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is moving down. Stoch are within the oversold territory …

Gold Analysis 17-05-2019

Gold futures rallied in a tight range slipping into the Asian session to see their fourth straight session rebound since April 11, negating the negative stability of the US dollar index, rebounding from the highest since May 3rd according to the inverse relationship On the eve of developments and economic …

Analysis of the Euro 17-05-2019

The single currency of the European Union region fluctuated in a narrow upward range during the Asian session as it continued its first weekly loss in three weeks against the US dollar on the eve of economic developments and data expected on Friday by Eurozone economies and the US economy, …

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