On the W1 timeframe, the currency pair is in the range of the lower border of the ascending price channel. On TF H1, the round intermediate level of 1.6550 is holding back sellers. The descending pattern of the H2 level is truncated. A bullish divergence is formed Awesome Oscillator, …
Wednesday, March 10th, today’s news—global stocks are mostly lower. European markets are cautious ahead of ECB meeting, miners and travel stocks fall, Asian markets are mixed as positive factory data is released in China, oil is down, gold also falls on the stronger dollar supported by the stabilized bond yields. The price …
Futures contracts for gold prices fluctuated in a narrow range that tends to decline during the Asian session, amid the rebound of the US dollar index to the eighth session in ten sessions from its lowest since the eighth of January, according to the inverse relationship between them following developments …
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