The Australian dollar fluctuated in a tight range slipping towards the Asian session to see a rebound for a fourth straight session since February 27 against the US dollar amid tight economic data by the Australian economy and Federal Open Market Committee member and Federal Reserve Bank Chairman Eric Rosengren …
EURUSD
The pair is consolidating above 1.1300 while remaining under pressure due to the expected recession in Europe and the uncertainty surrounding the Brexit outcome.
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. …
EURUSD
The pair is consolidating above 1.1290 after Friday’s drop due to the growing expectations of the eurozone’s economy going into a new recession. If today’s economic statistics data from Germany is weaker than predicted, the pair may resume falling.
The price is below the middle Bollinger band, above SMA …
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