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Futures contracts for gold prices fluctuated in a narrow range sloping to an upward trend during the Asian session, to witness its retracement of the second session from its lowest since June 5, 2020, when it tested its lowest since April 21, 2020, amid the bounce of the US dollar …

Amazon started the downside movement after it managed to breach the support level at 3105.00, ending the sideways movement by breaching the aforementioned support level. Therefore, we are now facing a downside wave in the price that may extend to 2800.00 levels.

We notice on the chart that the price …

AUDUSD

The overall trend is upward. The round minor level of 0.7620 held back the sellers. The "Double Bottom" pattern is probably forming. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals oversold conditions.

 AUDUSD rate online: monitor the price movement in real time.

Trading idea:

Buy …

EURUSD

The pair is trading below 1.1900 amid the rising US government bond yields. If today's small pullback downwards stops, the pair may resume its downward movement after the upper correction.

Technical side:

The price is located below the middle Bollinger band, above SMA 5, but below SMA 14. RSI …

#DHR

The overall trend is upward. The downward movement is approaching 210.35. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold conditions.

Trading idea:

Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined channel of the descending pattern.

Stop loss under …

Friday, March 5th, today’s news—the Fed's chair Jerome Powell predicts a temporary rise in inflation and intends to maintain easy monetary policy. Global markets are down as bond yields rise, dollar is stronger, investors await job data in the US, oil is at a 14-month high on OPEC+ extending the …

#ADBE

The overall trend is upward. The descending wave pattern is truncated. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator indicates oversold conditions.

Trading idea:

Buy when an ascending wave pattern has formed, where the wave (A) breaks through the inclined channel of the descending pattern.

Stop …

AUDUSD

The overall trend is upward. The currency pair is trading in the range of the lower limit of the ascending price channel. The descending pattern is truncated. A Bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals oversold conditions.

 AUDUSD rate online: monitor the price movement in …

EURUSD

The pair is trading above the 1.1950 level. If the US employment data turns out to be worse than expected, and the growth in government bond yields continues, this will put pressure on the pair.

Technical side:

The price is located below the middle Bollinger band, below SMA 5 …

Futures contracts for gold prices fluctuated in a narrow range that tends to decline during the Asian session, to witness the lowest since the eighth of June 2020, overlooking the rebound of the US dollar index from its highest since the beginning of December 2020 according to the inverse relationship …