The US dollar fluctuated in a narrow range slanting to the upside during the Asian session to witness its rebound to the seventh session in ten sessions from the lowest since May 7 against the Japanese yen amid the scarcity of economic data at the beginning of this week from …
The 359.50 support level held back sellers. A breakout of the price pivot zone of 368.00 will result in the formation of a 1-2-3 ascending pattern. Stochastic Oscillator indicates an oversold condition, and Awesome Oscillator shows a bullish divergence.
: monitor the movement of the price …
The pair is trading below the strong resistance level of 0.6560, supported by the positive dynamics in Asian stock markets, which in turn rose under the influence of strong data from the US labor market published on Friday.
Technical side:
The price is above the middle Bollinger band, above …
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