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Technical analysis 05.07.19

EURUSD

The pair is falling in anticipation of the US employment data. It’s likely to remain under pressure if the number of new jobs exceeds the predicted 160,000.

The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is below the level of 50% and …

Gold analysis 04.07.2019

Gold futures fluctuated in a narrowly bullish range during the Asian session to see their second rebound in four sessions from its lowest since June 20, defying the positive stability of the US dollar index according to the inverse relationship between them amid a lack of economic data Thursday by …

EUR analysis 04.07.2019

The single currency of the European Union region fluctuated in a narrow upward range during the Asian session to see its rebound to its second-lowest session since June 20 against the US dollar on the eve of economic developments and data expected Thursday by the Euro-zone economies and amid tight …

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