The Australian dollar fluctuated in a narrow uptrend range during the Asian session to witness the rebound to the second session of the lowest since November 14, when it tested the lowest since October 17 against the US dollar amid the lack of economic data on Monday by the economy …
The lower border of the upward price channel is broken. The pivot zone 1.6206 holds back sellers. A bearish divergence has formed on Awesome Oscillator, and Stochastic Oscillator showed an exit from the overbought zone and is directed downwards.
Trading recommendations:
Sell Below 1.6206.
Stop Loss - 1.6320.
Target levels …
Gold is in downtrend due to the growing risk appetite among investors who believe that the US and China will reach a new trade agreement at the beginning of the next year despite the delay. The declining gold price decline contributes to the strengthening of the US dollar.
The price …
Don't have your language?
