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12.11. Dollar at 16-month high, oil falls

News for today, November 12:

On Friday, the U.S. dollar is about to conclude the best week in five months amid expectations of a Federal Reserve rate hike, which are driven by the data released earlier this week that showed the fastest inflation in the U.S. in three decades.

The …

Currency pair analysis: AUD/CHF

The overall trend is upward. The descending wave pattern of the H4 level is truncated. A bullish divergence has formed on the Awesome Oscillator, while the Stochastic Oscillator signals oversold conditions. The support level 0.6700 holds back the sellers.

AUD/CHF rate online:  the price movement in real time. …

Gold analysis for 11.11

Gold price managed to touch our expected target at 1860.00 and found strong resistance there, showing some slight bearish bias. The price completed forming a positive technical formation that we believe will motivate it to resume the bullish bias and surpass the mentioned level to head towards 1900.00 in the …

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