Weekly data: Price action on Gold and Oil following last week’s US job report LeapRate

Weekly data: Price action on Gold and Oil following last week’s US job report

On technical analysis we can observe that the price is trading in a strong uptrend for the last month. It is trading outside the upper band of the Bollinger bands indicating high volatility while the current trading area is a strong resistance consisting of the round number of $1800 and also the last resistance area…

November 29, 2022 BY Steffy Bogdanova

Weekly data: Action on the US Dollar and Oil ahead of US NFP release

From the technical analysis perspective the price is currently trading around the $1.04800 price area above the 23.6% of the fibonacci retracement level. The US NFP release is expected to affect the fiber chart with the market expecting a decreased , yet positive, figure. This publication will most probably create volatility and might possibly give…

Tag: oil prioce

Weekly data: Price action on Gold and Oil following last week’s US job report

Weekly data: Action on the US Dollar and Oil ahead of US NFP release

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