The Australian dollar continues to move within a narrow range tilted back down during the Asian session to witness to continue to decline for the seventh consecutive session against the US dollar on the cusp of developments and economic data expected on Tuesday by the US economy, the largest economy …
The overall trend is downward. The currency pair is trading in the range of 365 and 135 moving averages. A start fractal was formed below the 135 moving average. Breaking through the start fractal will result in the formation of a 1-2-3 descending pattern within the overall downtrend.
Trading recommendations: …
Gold price remains in a short-term downtrend. The coronavirus situation continues to have a negative impact on gold prices. The situation will not change in the short term.
The price is below the average line of the Bollinger band, below SMA 5 and SMA 14. RSI balances above the oversold …
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