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Technical analysis 05.08.19

USDJPY

The pair is trading at the level of 106.00 due to the escalating US-China trade war as the Chinese authorities allowed the yuan to weaken. A decrease in investors’ risk appetite against this background may lead to further drop of the pair.

The price is below the middle Bollinger …

Gold Analysis 02.08.2019

Gold futures fell during the Asian session to rebound from the highest since May 9, 2013 amid the rise of the dollar index, adding stability near the top in two years according to the inverse relationship between them on the eve of developments and economic data expected Friday from the …

EUR analysis 02.08.2019

The single currency of the European Union region fluctuated in a narrowly bearish range during the Asian session, making its third straight weekly loss as it stabilized near its lowest level in more than two years against the US dollar on the brink of developments and economic data expected Friday …

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