The Australian dollar fluctuated in a narrow range slipping towards the Asian session to see its seventh session rebound in one of its 10 sessions since Dec. 13 and prepare for its second consecutive weekly loss against the US dollar amid tight economic data Friday. The Australian economy and its …
Amazon is trying to rebound after the decline in the last three sessions as the stock approached the 1591.40 support level and rebounded.
The moving averages were 50-20 support for the price at the mentioned level.
We see a positive cross between the two averages which is a positive sign …
EURUSD
The pair is trading below 1.1335, while remaining under pressure due to slower growth of the EU economy and inflation, which means that the ECB is not likely to risk hiking interest rates in the foreseeable future.
The price is below the middle Bolliger bands, above SMA 5, but …
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