The pair is consolidating at 1.2025 as the publication of US consumer inflation data will be released today. If it shows its growth, the pair may decline locally. At the same time, it will receive support by its promotion.
Technical side:
The price is located below the middle Bollinger …
The descending wave pattern is truncated. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold conditions.
: monitor the price movement in real time.
Trading idea:
Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined channel of …
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 from its high since February 11, amid the bounce of the US dollar index for the second session from its lowest since the 25th …
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