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The US dollar fluctuated in a narrow range, tilted lower during the Asian session to witness a rebound for the second session from its highest since early August, when it tested its highest since late May last against the Japanese yen amid the lack of economic data earlier this week …

Gold futures fluctuated in a narrow range tilted lower during the Asian session amid the rise of the US dollar index according to their inverse relationship following the developments and economic data that followed on Monday on the Chinese economy, the largest consumer of metals in the world and amid …

The single currency of the European Union fluctuated in a narrow range tilted to decline during the Asian session to witness a rebound for the second session from the highest since September 20 last against the US dollar on the eve of developments and economic data expected on Monday by …

AUDUSD is reaching the resistance of the descending channel shown, waiting for a bounce back to resume trading within this channel, where the SMA constitutes 50 negative pressure to support the continuation of the main bearish trend, while Stochastic is showing overbought now.

Therefore, we believe that chances are available …

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

The overall movement is upward. The pair is trading in the range of 365 and 150 moving averages. Bullish divergence has formed on Awesome Oscillator indicator, and the Stochastic Oscillator indicator shows an exit from the oversold zone. Breaking …

The pair corrected up to 0.6770 due the partial profit taking. If it holds above this level, it is likely that the pair will resume growth on the recovery of demand for risky assets recovers.

The price is above the middle Bollinger band, below SMA 5 and at SMA 14.RSI …

The downward price channel is broken. A bullish divergence has formed on Awesome Oscillator indicator. Stochastic Oscillator indicator has left the oversold zone and its moving averages are directed upwards. The nearest resistance level is 19.47.

Trading recommendations:

Buy above 19.47.

Stop loss – 18.15.

Target levels – 21.00; 23.26.

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

Amazon continues to move below the resistance level of 1750.67 after it was able to breach it during the last week, thus confirming the downside path after the stability of trading below the mentioned level. The price approached the next support level of 1665.45

The price is currently moving below …