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Technical analysis 31.05.19

USDCAD

The pair has reached yesterday’s target and may continue growing if the oil prices resume falling, while today’s US inflation data indicate positive dynamics.

The price is above the middle Bollinger band, above SMA 5 and SMA 14.RSI is entering the overbought territory. Stoch are also moving in this …

Technical analysis 30.05.19

USDCAD

The pair stopped at the level of 1.3500 due to the local recovery of oil prices. However, if they reverse downwards again, and today’s US GDP data are strong, the pair may surge upwards once again.

The price is above the middle Bollinger band, below SMA 5 and above …

Gold Analysis 30-05-2019

Gold futures traded in a tight range slipping during the Asian session, negating the negative stability of the dollar index near its highest in two years, according to the inverse relationship between them on the eve of developments and economic data expected Thursday by the US economy, the largest economy …

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