Tuesday, December 18, 2018
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USDX 17/12/18 | EconAlerts

Technical Analysis – Dollar struggles in a narrow range

Dollar index struggles in a narrow range; upside tendency in the long-term. The dollar index has been consolidating after flirting with the one-and-a-half-year peaks at 97.50 in the previous week. In the short-term, sideways movement will likely continue as the technical indicators are flattening. The MACD stands below the trigger line with weak

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Gold 17/12/18 | EconAlerts

Technical Analysis – Gold creates bearish retracement

Gold creates bearish retracement; stays bullish in the medium-term. Gold prices completed two consecutive bearish days in the preceding week and retained a negative correction mode, following the pullback on the five-month high of 1250.44. The yellow metal holds beneath the 20- and 40-simple moving averages (SMAs) in the 4-hour chart, however, the

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