Metallurgical sector proved to be the most resistant to the strong decline in the oil prices and, accordingly, the national currency caused by the influence of the new virus.
A pin-bar has formed on the chart (H4 timeframe). Stochastic Oscillator indicates oversoldness. The moving average goes below the histogram on …
The US dollar fell during the Asian session to witness its rebound to the second session in four sessions from its highest since March 3 against the Japanese yen amid growing fears of a global outbreak of the Corona virus and in the wake of developments and economic data that …
The pair remains under extrene pressure amid expectations of a strong drop in global economic growth due to the impact of the coronavirus on global business and economic activity, which leads to a drop in demand for commodity assets. The Australian dollar is a commodity currency.
The price is below …
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