The overall trend is upward. The currency pair is trading in the range of 365 and 135 moving averages directed upwards. The descending wave pattern of the H2 level is truncated. There is a bullish divergence on Awesome Oscillator, and Stochastic Oscillator signals oversold conditions.
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Monday, August 30th, today's news — a category four hurricane hit Louisiana on Sunday, electricity was cut off throughout the city. The dollar is getting cheaper against the euro. The price of Brent oil is $71.50 per barrel, WTI — $68.23. EUR/USD is at 1.1799, GBP/USD—1.3761, gold is at $1,1817 …
Gold futures fluctuated in a narrow range tilted to the upside during the Asian session, to witness its rebound for the eighth session in fifteen sessions from the lowest since late March, amid the US dollar index resumed rebounding from its top since the fourth of November for the fifth …
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