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Technical analysis 04.09.2019

EURUSD

The pair has corrected as the USD is weakening locally due to clear signs of the US economy entering a recession. The pair may resume the decline if today’s eurozone retail volume data shows a continuation of the negative trend.

The price is below the lower Bollinger band r, …

Gold Analysis 03.09.2019

Gold futures fluctuated in a narrow range, tilted lower during the Asian session to see its fifth session rebound in six sessions from the highest since April 11, 2013 amid the rise of the US dollar index to its highest since May 12, 2017 according to The reverse of the …

EUR Analysis 03.09.2019

The single currency of the European Union fell during the Asian session to see its lowest since May 15, 2017 against the US dollar on the eve of developments and economic data expected on Tuesday by the economies of the euro zone and the US economy, the world's largest economy. …

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