Futures contracts for gold prices fluctuated in a narrow range that tends to decline during the Asian session, to witness a rebound for the second consecutive session from its highest since September 21, with the US dollar index rebounding for the second session from its lowest since the same day …
The US dollar fluctuated in a narrow range that tends to rise during the Asian session, to witness its retracement of the second session from its lowest since the fifth of October against the Japanese yen, following the developments and economic data they followed on the Japanese economy and on …
The currency pair is trading in the range of 365 and 135 moving averages. The support level of 124.18 is holding back sellers. Awesome Oscillator indicates a bullish divergence, while Stochastic Oscillator signals an oversold condition.
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Trading recommendations:
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