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AUD analysis 07.08.2019

The Australian dollar fell during the Asian session to witness the lowest since January 3, when it tested the lowest since March 19, 2009 against the US dollar following the developments and economic data that followed the Australian economy and on the eve of developments and economic data expected today …

Technical analysis 07.08.2019

AUDUSD

The pair is in a short-term downtrend caused by the escalation of US-China trade war. A sharp interest rate cut by RBNZ may also lead to lower rates by RBA in the near future.

The price is at the lower Bollinger band, below SMA 5 and SMA 14. RSI …

Gold Analysis 06.08.2019

Gold futures fell during the Asian session to see their rebound from the top since May 3, 2013 amid the rise of the US dollar index, showing a rebound from the lowest since July 22 according to the opposite relationship between them on the eve of developments and economic data …

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