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Gold analysis 08.05.2020

Gold prices fluctuated in a narrow range tilted towards the decline during the Asian session while still in the process of weekly gains after rising yesterday by more than two percent, indicating its best daily performance in two weeks, condoning the decline in the US dollar index for the second …

AUDUSD analysis 08.05.2020

The Australian dollar pair against the US dollar ended yesterday's trading with a noticeable positive, confirming the penetration of 0.6407 to settle around 0.6500, and begins the day with an additional bullish tendency to support the chances of achieving more gains during the upcoming sessions, so that the bullish direction …

USDCAD technical analysis 08.05.2020

The pair is still moving in a wide range of 1.3860–1.4245. It will continue to decline to its lower limit as the demand for crude oil is increasing, and OPEC++ is reducing the supply volumes to the global market. This trend will continue today, despite the expected poor Canadian …

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