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Technical analysis 04.07.19

NZDUSD

The pair is falling after having reached a local maximum. It’s likely to continue consolidating within the range of 0.6655–0.6715 due to the holiday in the US.

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

Technical analysis 03.07.19

EURUSD

The pair is trading above 1.1280. It’s expected to resume falling due to the likelihood of new, extended economic stimulus measures by the ECB.

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

Gold analysis  03.07.2019

Gold futures rallied during the Asian session to see its highest since June 25, when it tested its highest since May 14, 2013 amid a decline in the dollar index for the second straight session from its highest since June 20 According to the opposite relationship between them on the …

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