Gold price futures fluctuated in a narrow range tilted backwards to witness their bounce for the fourth session in five sessions from the highest since March 9, when it tested the highest for it since December 18, 2012, while still in the process of resuming its monthly gains that stopped …
The recovery in crude oil prices amid the extremely positive data on the business activity index (PMI) in China, which rose above the key mark of 50 points to 52.0 points, may put pressure on the pair and contribute to its local decline. Growth in stock indexes and demand …
The resistance level of 0.5795 continues to hold back buyers. The currency pair is trading in the range of 365 and 135 moving averages, where the fast (135 EMA) moving average is below the slow (365 EMA) moving average, indicating a downtrend. A bearish divergence has formed on Awesome …
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