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

The resistance level of 1.0937 held back buyers. A bearish divergence has formed on Awesome Oscillator indicator, and Stochastic Oscillator indicator signals oversoldness. An H2 level upward pattern and the wave C internal pattern (M15 level) are turncated, which …

The overall movement is upward. The support level of 1680 held back sellers. A bullish divergence has formed on Awesome Oscillator, while the Stochastic Oscillator shows an exit from the oversold zone. Breaking through the pivot zone 1746.0 will result in the formation of an upward pattern 123.

Trading recommendations: …

The US dollar fluctuated in a narrow uptrend range during the Asian session to witness the bounce for the third session in six sessions from the lowest since September 5 last yen against the Japanese yen following the developments and economic data that followed from the Japanese economy and on …

Gold futures fluctuated in a narrow range upward during the Asian session to witness the recovery of the seventh session in eight sessions from the lowest since August 4 last, ignoring the rise of the US dollar index according to the inverse relationship between them on the eve of developments …

The single currency of the European Union fluctuated in a narrow range upward during the Asian session to witness the bounce for the sixth session in eight sessions from the lowest since May 12, 2017 against the US dollar on the eve of developments and economic data expected on Thursday …

Cisco shares plunged to the bottom of 46.30, ending the sideways movement in which it has been moving in the past two weeks. The stock dropped above support at 50% Fibonacci retracement and then next support at 61.8%. This is under the negative impact of moving averages that move above …

The Australian dollar rose during the Asian session to witness the bounce for the fourth session in seven sessions from the lowest since March 18, 2009 against the US dollar following the developments and economic data followed by the Australian economy and on the eve of developments and economic data …

The pair is consolidating, while forming a continuation pattern “descending flag”. If the US inflation data doesn’t show growth, the pair will receive support.

The price is above the middle Bollinger band, above SMA 5 and SMA 14. RSI is above the level of 50% and moves horizontally. Stoch are …