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The pair is trading below 108.60, remaining under pressure amid falling demand for risky assets due to the new coronavirus. If this factor remains an influence, the pair will be put under downward pressure.

The price is below the middle Bollinger band, at SMA 5 and below SMA 14. RSI …

The Australian dollar fluctuated in a narrow range tilted towards the decline during the Asian session, to prepare for the longest march of its weekly losses since mid-2015 and to witness its stability near its lowest since early October, when it tested the lowest since mid-March 2009 against the US …

The single currency fluctuated the euro in a narrow range slanting toward a decline during the Asian session, to prepare for its weekly losses in a row and its longest march of weekly losses since the first half of 2018 against the US dollar on the cusp of developments and …

Gold price futures fluctuated in a narrow range that tilted toward a decline during the Asian session amid the rise of the US dollar index according to the inverse relationship between them after the developments and economic data that were reported by the Chinese economy as the largest consumer of …

The US dollar fluctuated in a narrow range tilted to the upside during the Asian session, to witness its bounce to the second session from the lowest since January 8, when it tested the lowest since October 10 against the Japanese yen after the developments and economic data that it …

The pair is consolidating at 1.1020 in anticipation of the eurozone consumer inflation data whose monthly value is expected to decrease. If this is confirmed, the pair will continue to drop, but if inflation grows, it will lead to a local price increase.

The price is above the middle Bollinger …

The formed gap tested the historical level of 207.30. The overall trend remains upward. The stock is trading in the range of the lower border of the ascending price channel. The resistance level of 211.50 holds back buyers.

Trading recommendations:

Buy above 211.50.

Stop loss under the price pivot zone …

The overall trend is downward. The assumed correction tested the price pivot zone of 1.1039 and ended with a breakout of the inclined channel. Stochastic Oscillator indicator signals overboughtness. Sell the pair while descending wave pattern is forming.

Trading recommendations:

Sell while the descending pattern is forming (you need to …

The Australian dollar versus the US dollar resumes its negative trading to approach the 0.6700 barrier, to keep the downtrend valid and active on the intraday and short term, supported by the negative pressure formed by the EMA50, while recalling that our expected target is at 0.6670, while achieving it …