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AUDUSD analysis 24.08.2020

The Australian dollar versus the US dollar managed to break the support of the bullish intraday channel and settled below it, which supports the continuation of our bearish expectations effectively in the upcoming sessions, supported by moving below the EMA50, waiting to head towards 0.7065, which represents our first target. …

EURUSD analysis 24.08.2020

The euro settled negatively against most of the major currencies during trading on Monday, and the single European currency did not move firmly against the US dollar as the impact of weak economic data is still extended

On Friday, data revealed that the Purchasing Managers' Index (PMI) for manufacturing industries …

Gold analysis 24.08.2020

Gold prices fell during trading on Monday, as trading began the week with pressure on the precious metal, which is struggling to return above $ 2000 an ounce so far.

 

Analysts said that gold entered a period of sideways movement after the historic rise that pushed it above the $ …

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