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Analysis for oil, gold, and EUR/USD for 09.06.2020

Forex

USCrude – oil  Oil is rising in the medium-term uptrend, whose target is to test the resistance Target Zone 5 [41.67 – 40.92]. There are just a few points left before reaching the zone. After it is achieved, there may start a correction. The trend key support is now in the zone of [31.01 — […]

Dollar misses uncertainty

Forex

The correction of the US stock indexes can support the EUR/USD bears Fundamental analysis is a very flexible tool. The market reacts to the macrostatistics differently in the period of a recession than it does in the period of economic expansion. US strong jobs report for May, which allowed the S&P 500 to enter the green area […]

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