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14.04. Fresh trading analysis: markets are up, consumer inflation rises

Wednesday, April 14th, today’s news—European markets rise on positive earnings, economic data, and vaccine optimism, tech and luxury stocks in the lead. Treasury yields are up following a higher-than-expected consumer inflation data, dollar is trading near a one-month low. The price of Brent oil is $64.73, WTI—$61.20, EUR/USD is at 1.1953, …

Gold analysis

Futures contracts for gold prices fluctuated in a narrow range that tends to decline during the Asian session, to witness its retracement of the third session in five sessions from its highest since February 26, overlooking the bounce of the US dollar index for the eighth session in eleven sessions …

AUDUSD analysis

The Australian dollar versus the US dollar was unable to break the 0.7615 level, to show positive trading and approaching the pivotal resistance that now rises to 0.7670, noting that the stochastic indicator is losing its positive momentum significantly, waiting for the price to stimulate the resumption of the expected …

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