AUDUSD
The pair is in downtrend, above 0.7035, as commodity and raw material prices are falling, while the major American stock index futures are also falling. Yesterday’s demand for risk assets seems to be a dead cat bounce: a brief recovery before resuming the decline.
The price is below the …
USDCAD
The pair is in uptrend above 1.3565 as the crude oil prices are falling again and the Fed is expected to resume its high interest rates policy.
The price is above the middle Bollinger band, above SMA 5 and SMA 14. RSI is on the level of the overbought …
Gold futures rallied during the Asian session, their highest since June 20, defying the positive stability of the dollar index according to the inverse relationship between them on the eve of developments and economic data expected Wednesday by the US economy, the largest economy in the world.
Gold futures for …
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