April 06, 2020 BY Valentina Kirilova

Weekly data preview: RBA’s meeting and Canadian data in view

The current situation of elevated volatility is reflected very prominently on the chart here. Buying volume increased sharply in the second half of last week and price has now moved into overbought based on both the slow stochastic and Bollinger Bands. There are likely to be short-term opportunities in both directions this week, but buyers…

Read more