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Gold analysis 01.05.2020

Gold price futures fluctuated in a narrow range tilted toward a decline during the Asian session amid the rise of the US dollar index for the first time in six sessions, indicating its bounce to the second session from the lowest since March 30, according to the inverse relationship between …

EURUSD analysis 01.05.2020

The single currency fluctuated the euro in a narrow range slanting back down during the Asian session to witness its bounce for the second session from the top since April 15, when it tested the highest for it since the beginning of the same month against the US dollar amid …

AUDUSD analysis 01.05.2020

The Australian dollar versus the US dollar shows some bearish tendency to approach the bullish channel support test, accompanied by the stochastic reaching the oversold areas, while the EMA50 continues to support the price from below.

Thus, we will continue to favor the bullish trend unless the 0.6407 level is …

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