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Analysis based on round-number levels, price channels and modified Elliot Waves

The general trend is upward. Round important level 0.6600 discouraged sellers. An H1 level truncated pattern was formed. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversoldness.

Our recommendations:

Buy as the upward wave pattern is forming, …

The pair is trading above 1.1100 while consolidating in anticipation of the publication of new jobs data in the US. If it’s stronger than the consensus forecast of 164,000, the pair will be put under pressure and experience a limited decline.

The price is below the middle Bollinger band, above …

The resistance level of 126.25 actively holds back buyers. A bearish divergence has formed on Awesome Oscillator indicator, while Stochastic Oscillator indicator signals overboughtness.

Trading recommendations:

Sell below 125.30.

Stop loss under the resistance level 126.25.

Target levels-123.10; 120.00.

Stochastic Oscillator indicator signals overboughtness, while a bearish divergence formed on Awesome Oscillator. The currency pair is trading in the range of 365 and 135 moving averages directed downwards. The upward movement is probably a wave (B) forming an H8 level downward pattern. The formation of the descending wave pattern …

The rise of the US dollar during the Asian session to witness its bounce for the second consecutive session from the lowest since October 10 against the Japanese yen amid the scarcity of economic data by the Japanese economy and on the cusp of developments and economic data expected today …

Gold price futures fluctuated in a narrow range tilted to the upside during the Asian session amid the negative stability of the US dollar index according to the inverse relationship between them after the economic developments and data that were reported by the Chinese economy as the largest consumer of …

The euro currency fluctuated in a narrow range tilted to the upside during the Asian session against the US dollar on the threshold of economic developments and data expected on Thursday by the euro area economies, which include the dumping of President Deutsche Bundesbank (German Central Bank) Jens Weidmann giving …

Cisco's stock continues to move above the 46.89 support, which is the 61.8% Fibonacci retracement, having tested it several times and was unable to breach it.

Moving averages 20-50 form support levels near the previous level and shift prevented it from falling and breaching support.

The stochastic oscillator is moving …

The Australian dollar fluctuated in a narrow range tilted to the upside during the Asian session to witness its bounce for the second session from the top since December 19 against the US dollar, following the economic developments and data that it had reported on the Australian economy and on …