The narrow range still dominates the trading of the Australian dollar against the US dollar, which continues to fluctuate around the EMA50, and as long as the price is above 0.6755, our bullish outlook will remain effective, waiting for a positive incentive enough to push the price to visit our …
Gold is still trading flat, remaining hostage to the US-China trade negotiations. The market behavior isn’t likely to change until December 15th, when China and the US will either impose new tariffs or postpone them once again.
The price is below the middle Bollinger bands, above SMA, but below SMA …
The euro against the dollar continues to fluctuate at 1.1105, and the price gets continuous positive support from the EMA50, to support the chances of breaching the mentioned level and then rushing towards our next target which is located at 1.1180.
In general, we will maintain our bearish expectations, provided …
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