Gold futures fluctuated in a narrow range slanting to an upside during the Asian session, overlooking the rebound of the US dollar index for the second session in a row from its lowest since the third of March, when it tested the lowest since February 26, according to the inverse …
The pair is corrected downwards, but at the same time remains in a short-term uptrend. Positive data publication on the economy of Germany and the euro zone, as well as the US, will support the euro currency and put pressure on the US dollar. The decline in demand for …
The overall trend is upward. Probably, a false breakout pattern has formed. Stochastic Oscillator signals oversold conditions.
On the H1 timeframe on Stochastic Oscillator, the moving averages are also in the oversold zone. A strong bullish candle broke through the level.
: monitor the price movement …
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