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Technical Analysis 16.05.19

AUDUSD

The pair remains in a downtrend against the background of a lack of certainty in the negotiations on trade between America and China, as well as expectations that the RBA will continue to lower interest rates.

The price is below the middle Bollinger band, below SMA 5 and SMA …

Gold Analysis 15.05.2019

Gold futures traded in a tight range slipping into the Asian session to see their second straight session rebound since April 11, shrugging off the decline in the dollar index, resuming its bounce from its highest since May 16, 2017 according to Of the inverse relationship between them after the …

Euro Analysis 15.05.2019

The single currency of the European Union region fluctuated in a narrow upward range during the Asian session to see its rebound for the ninth session in 14 sessions from its lowest since May 30 of 2017 against the US dollar on the eve of economic developments and data expected …

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