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The US dollar fluctuated in a narrow range tilted to the upside during the Asian session to witness its bounce to the fifth session from the lowest since January 8, when it tested the lowest since October 10 against the Japanese yen amid the scarcity of economic data by the …

The euro fluctuated in a narrow range slanting toward decline, to witness the lowest level since January 29 against the dollar, on the threshold of economic developments and data expected today, Thursday, by the economies of the euro area and the US economy, which includes the certificate of the European …

The support level of 224.70 held back sellers. Breaking 235.64 will result in the formation of an upward pattern 123. Awesome Oscillator indicator shows a bullish divergence, and the Stochastic Oscillator signals oversoldness.

Trading recommendations:

Buy above 235.64.

Stop loss – 224.70.

Target levels: 244.80; 256.56; 261.70.

The overall trend is downward. A false breakout of the previous maximum has formed. A head-and-shoulders reversal pattern is probably forming. Breaking the neck line will result in the formation of a descending wave pattern within the overall downward trend. A bearish divergence has been formed on Awesome Oscillator.

Trading …

The pair is trading above 1.0990 amid the positive US employment data released by ADP on Wednesday. The pair may correct upward, but is likely to continue dropping due to the probably strong new jobs data to b realeased by the Department of Labor on Friday.

The price is below …

The support level of 29.00 holds back sellers. Awesome Oscillator shows a bullish divergence, while the Stochastic Oscillator signals oversoldness. Breaking through the resistance level of 29.57 will result in the formation of an ascending wave pattern.

Trading recommendations:

Buy above 29.57.

Stop loss below the level of 29.00.

Target …

The pair remains in a short-term uptrend caused by the falling demand for crude oil as the consumption rates are expected to drop due to the new coronavirus in China. If the current market sentiment remains, the pair will be pushed upwards.

The price is above the middle Bollinger band, …

The support level of 1.1033 holds back sellers. A descending truncated pattern of the H1 level has formed, which is probably a correction of the ascending pattern of the H4 level. Stochastic Oscillator indicator signals oversoldness.

Trading recommendations:

Buy while an ascending pattern is forming, where the wave (aC) breaks …