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TECHNICAL ANALYSIS – GOLD BULLISH AS IT ENTERS THE CLOUD; RECORDS 2-MONTH HIGH Forex News 

TECHNICAL ANALYSIS – GOLD BULLISH AS IT ENTERS THE CLOUD; RECORDS 2-MONTH HIGH

TECHNICAL ANALYSIS – GOLD BULLISH AS IT ENTERS THE CLOUD; RECORDS 2-MONTH HIGH Gold is posting some gains during today’s session so far, at one point rising above 1219 recording a 2-month high. Should it close higher, it will mark the 10th trading day of gains out of the last 11. Delving into the Ichimoku analysis, the Tenkan-sen line (red) has crossed above the Kijun-sen (blue) in the beginning of January. This alignment is a bullish short-term signal. The bullish short-term momentum is reinforced by the RSI indicator which is…

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AUDUSD flirting with 2-month lows Forex News 

AUDUSD flirting with 2-month lows

AUDUSD flirting with 2-month lows AUD-USD Buz Investors  flirting with 2-month lows The pair is trading at 0.7468 at 10:40 GMT this morning, with the Australian Dollar trading 0.08% lower against US Dollar from the New York close. Overnight data revealed that, Australia’s seasonally adjusted unemployment rate remained steady at 5.6% in October. This morning, the pair traded at a high of 0.7502 and a low of 0.7454. The Australian Dollar traded 0.13% higher against the US Dollar in the New York session yesterday, with the pair closing the session…

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