The pair has formed a double top reversal pattern, which continues it’s formation. The Fed may stop cutting rates, and this will put pressure on the pair.
The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is located on the oversold zone line and …
The US dollar fell during the Asian session to witness a rebound for the third session from its highest since October 30, when it tested the highest since early August against the Japanese yen amid the lack of economic data by the Japanese economy and on the eve of developments …
Gold futures fluctuated in a narrow range upward during the Asian session to witness the rebound to the third session of the lowest since October 16, ignoring the rise of the US dollar index to its highest since 17 of the same month according to the inverse relationship between them …
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