GOLD
After steep rise which occured during Asian session, Gold prices started to decline and if they won't rise higher than 1095.00 they can go down again on the wake of expectations of the US interest rate increase.
The price resides on the upper Bollinger band, higher than SMA5 and …
EURUSD
The pair consolidates before the US PPI (YoY) data release, which is expected to be strong. Our yesterday's prognosis stays the same - positivie statistics will push the pair down.
The price is on the upper Bollinger band, lower than SMA5 but higher SMA14. RSI index crosses 50% line …
EURUSD
The pair consolidates awaiting US PIP (YoY) data release which is expected to be quite strong. If the prognosis proves to be true, then most likely, the pair will keep lowering its positions because of the monetary policy differences of ECB and FRS which are not in Euro's favour. …
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