The fluctuation of the US dollar in a narrow range slanted toward decline during the Asian session, as we witnessed its bounce for the third session in five sessions from its highest since January 21 against the Japanese yen amid the scarcity of economic data by the Japanese economy and …
The general trend is upward. The 740.0 support level held back sellers. A bullish divergence has formed on Awesome Oscillator indicator. A breakout of the resistance level of 770.00 will result in the formation of an upward wave pattern within the framework of the general upward trend.
Trading recommendations:
Buy …
The pair consolidates above 1.0825 in anticipation of ZEW data on economic sentiment and conditions for Germany and the eurozone. If the indicators are not higher than expected, especially for Germany, this will put pressure on the pair.
The price is below the middle line of the Bollinger band, at …
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