The single currency, the euro, rose during the Asian session to witness its rebound to the second session from the lowest since March 25 against the US dollar on the cusp of developments and economic data expected today Tuesday by the economies of the euro area, which includes the activities …
Gold futures rose during the Asian session to witness the highest since November 28, 2012 amid the rebound in the US dollar index for the second session from the top since March 26, according to the inverse relationship between them on the cusp of developments and economic data expected today …
The overall trend is downward. The resistance level of 30.20 holds back buyers. A bearish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals overboughtness. Breaking through the support level of 29.00 will result in the formation of a 1-2-3 descending pattern within the overall downtrend.
Trading recommendations: …
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