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AUDUSD analysis 16.10.2020

The Australian dollar against the US dollar settled below 0.7100, enhancing the chances of continuing the bearish trend over the intraday basis, and we believe that the path is open to head towards our next main target at 0.6964.

Therefore, the bearish trend scenario will remain valid and effective for …

Gold analysis 16.10.2020

Futures contracts for gold prices fluctuated in a narrow range that tends to decline, to witness their rebound to the third session in five sessions from the highest since September 21, and to prepare for the first weekly losses in three weeks amid the rise in the dollar index according …

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