Wednesday, October 7th, today’s news—Trump postpones stimulus talks until after the election. Markets reacted with a decline, quickly followed by a recovery amid the rising popularity of the Democratic candidate Joe Biden, and the expectations of a massive stimulus package in case of his victory. The price of Brent oil …
The Australian dollar against the US dollar succeeded in achieving our first awaited target at 0.7100 and stabilizes near it, waiting for further decline to surpass this level and pave the way for our next target that extends to 0.6964.
Consequently, the bearish trend scenario will remain valid and effective …
Futures contracts for gold prices fluctuated in a narrow range that tends to rise during the Asian session, to witness its rebound from its lowest since September 28, overlooking the bounce of the US dollar index for the second session from its lowest since the 21st of the same month …
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