The pair is consolidating in 1.1950-1.1990. It may resume its growth amid overall positive sentiments in the markets and the weaker dollar, which is caused by lower US treasure data.
Technical side:
The price is located above the middle Bollinger band, above SMA 5 and SMA 14. RSI is …
Futures contracts for gold prices fluctuated in a narrow range that tends to decline during the Asian session, to witness its rebound for the second session from its highest since February 26, amid the rebound of the US dollar index for the second session in a row from its lowest …
The dollar versus yen pair provided negative trading yesterday to move away from the 109.22 level, reinforcing expectations that the bearish trend will continue in the upcoming sessions, reminding you that our next target extends to 107.70, while achieving it requires stability below 109.22, noting that the SMA 50 continues …
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