The pair remains in a short-term uptrend. It stayed above 1.2065 and has the potential for local growth if general investor sentiment in the market improves.
Technical side:
The price is located at the middle Bollinger band, above SMA 5 and SMA 14. RSI crosses the 50% level, giving …
Futures contracts for gold prices fluctuated in a narrow range that tends to decline during the Asian session, to witness its retracement of the third session from its high since February 11, amid the bounce of the US dollar index for the second session from its lowest since the 25th …
The Australian dollar against the US dollar maintains its stability above the pivotal support floor of 0.7810, to keep the bullish trend valid and effective for the upcoming period, stimulated by the positivity of the stochastic indicator, awaiting a visit to the 0.7900 level initially.
Breaching the target level …
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