Gold futures traded in a tight range slipping towards the Asian session as the dollar index rose for the fourth session in five sessions from its lowest since October 16, according to the inverse relationship between them on the eve of developments and economic data expected Wednesday by the economy …
EURUSD
The pair is consolidating as the ECB is no longer expected to hike interest rates this year. This sentiment is caused by the ECB head Mario Draghi’s speech, which wasn’t promising for the euro.
The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI …
GBPUSD
The pair is in uptrend due to Theresa May’s Brexit deal being expected to be passed by the Parliament after all, as the Prime Minister claims that rejecting the deal would damage the country's economy, and investors hope that the MPs will make a decision favorable for them.
The …
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