Futures contracts for gold prices decreased during the Asian session, to witness the lowest since January 19, when they tested the lowest since the beginning of December 2020 amid the rise in the US dollar index according to the inverse relationship between them on the cusp of developments and economic …
The overall trend is upward. The descending pattern is still truncated and the wave C has not reached the level of 123.6% of wave A. A bullish divergence has formed on Awesome Oscillator, and the moving indicators of Stochastic Oscillator enter the oversold zone.
Trading idea:
Buy strictly when an …
The single currency, the euro, fluctuated in a narrow range that tends to decline during the Asian session, to witness its rebound to the fourteenth session in twenty-two sessions from its highest since April 20, 2018 against the US dollar on the cusp of economic developments and data expected today, …
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