The US dollar fluctuated in a narrow range that tends to decline during the Asian session against the Japanese yen after the economic developments and data that were followed on Monday by the Japanese economy and with an eye for the results of the Japanese elections to determine the new …
The pair is consolidating below 1.1850. It may rise amid increased demand for risk assets, as it may be stimulated by the results of the Fed’s monetary policy meeting to be held this week.
Technical side:
The price is above the middle Bollinger band, above SMA 5 and SMA …
The overall trend is upward. The 0.6600 support level is holding back sellers. A descending truncated pattern has formed. Awesome Oscillator indicates a bullish divergence. A breakout of the price pivot zone of 0.6641 will result in the formation of an ascending wave H1 level pattern within the general …
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