The pair remains in a short-term uptrend. It found support at 1.2160. Positive sentiment in the markets amid the new US employment data, which will be published next week, may support the pair.
Technical side:
The price is located below the middle Bollinger band, above SMA 5, but below …
Friday, May 21th, today’s news—dollar is slightly changing against euro and yen. The ICE index, tracking the dollar dynamics against six currencies (euro, swiss franc, yen, canadian dollar, pound sterling and swedish krona), lost 0.1%. The WSJ Dollar Index lost 0.02%. The price of Brent oil is $64.89 per barrel, …
Futures contracts for gold prices fluctuated in a narrow range that tends to decline during the Asian session to prepare to end its longest daily gain trajectory since July 2020, while it is still in the process of its third consecutive weekly gains as it stabilized near its highest in …
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