Futures contracts for gold prices fluctuated in a narrow range that tends to rise during the Asian session, overlooking the rebound of the US dollar index for the third session from its lowest since the second of September, according to the inverse relationship between them on the cusp of developments …
The currency pair is trading in the range of 365 and 135 moving averages directed down. The ascending pattern is truncated. Awesome Oscillator indicates a bearish divergence. The inclined channel of the ascending truncated pattern is broken by the assumed wave (A). A breakout of the top of the …
The pair remains under pressure due to a number of negative factors. This is the impact of the 2nd COVID-19 wave pandemic, the situation around Brexit, as well as uncertainty of the unattainable agreement on economic incentives between Democrats and Republicans in the US before the presidential election. These …
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