The pair found support at 1.2125 and may continue its upward trend, despite a drop in investor interest in buying company shares amid negative signals on the US economy, which indicate that there are objective risks of its weaker recovery than previously expected.
Technical side:
The price is located …
Gold price approached the level of 1847.00, but bounced back down to settle below 1838.00, noting that the stochastic indicator is getting rid of its negative momentum significantly, waiting for the price to stimulate the resumption of the main bullish trend, which extends its next target to 1865.00.
The …
The Australian dollar fluctuated in a narrow range sloping to an upside during the Asian session, to witness its rebound to the fourth session in six sessions from the lowest since April 14 against the US dollar before the Australian Treasury unveiled the annual budget and on the cusp of …
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