The pair consolidates in the range of 1.0655–1.0775 amid the massive economic stimulus measures by the ECB and the Fed, which do not allow it to take a definitive direction.
The price is below the middle Bollinger band, above SMA 5, but below SMA 14. RSI is below the …
The US dollar fell during the Asian session to witness its rebound for the second session from its top since February 24 against the Japanese yen amid the scarcity of economic data today by the Japanese economy and its American counterpart and in light of the growing fears of an …
The overall trend is downward. A shooting star reversal pattern has formed with a false breakout. The moving averages of Stochastic Oscillator are in the range of level 80 (overbought zone). The gap remains open.
Trading recommendations:
Sell at a breakout of 273.62.
Stop loss: 283.25.
Target levels: …
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