The rise of the US dollar during the Asian session to witness its bounce back for the third session in five sessions from the lowest since October 3, 2016 against the Japanese yen after the developments and economic data that were reported by the Japanese economy and on the cusp …
Gold price futures fluctuated in a narrow range that tilted higher during the Asian session to witness its rebound from the lowest since March 3, with the dollar index rebounding to the eleventh session in sixteen sessions from the top since April 21, 2017 according to the inverse relationship between …
The currency pair is trading in the range of the lower border of the ascending price channel. Stochastic Oscillator signals oversoldness. Breaking through the resistance level of 2.0680 will result in the formation of an ascending pattern of 1-2-3.
Trading recommendations:
Buy while an ascending 1-2-3 pattern is forming. - …
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