The EUR / USD pair shows more attempts to breach the 1.2170 level, but it finds it difficult to confirm the breach, to show some temporary bearish tendency now, affected by the negativity of the stochastic indicator, waiting for the resumption of positive trading to open the way to head …
The Australian dollar against the US dollar maintains its stability above the pivotal support floor of 0.7810, to keep the bullish trend valid and effective for the upcoming period, stimulated by the positivity of the stochastic indicator, awaiting a visit to the 0.7900 level initially.
Breaching the target level …
Tuesday, May 11th, today’s news—markets are waiting for the release of US consumer price data on Wednesday to determine if inflationary pressure rises. Dollar edged higher in early European trade Tuesday, but gains were capped by the strength of commodity currencies on the back of rises in the prices of …
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