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AUDUSD

The pair dropped amid the publication of the minutes of the RBA meeting on monetary policy. The document showed the probability of lowering interest rates by the bank to support economic growth in the country. This may put limited pressure on the pair.

The price is below the lower …

Sber Bank reached 235.96 resistance which temporarily halted the bullish movement after the stock managed to breach the resistance at SMA 50 and stabilize above it.

The price is moving above the 7-20-50 moving averages that form support levels.

Stochastic is within the overbought zone on an uptrend and the …

The US dollar rose during the Asian session to witness the rebound of the eleventh session in sixteen sessions from the lowest since November 9 of 2016 against the Japanese yen amid the lack of economic data earlier this week by the Japanese economy, the world's third largest economy on …

Gold futures fluctuated in a narrow range, tilted lower during the Asian session to witness the bounce of the sixth session in nine sessions from the highest since April 10, 2013 amid the positive stability of the US dollar index according to the inverse relationship between them following the developments …

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 its highest since August 27 against the US dollar amid the lack of economic data earlier this week by the euro-zone economies …

The Australian dollar fluctuated in a narrow, bearish range during the Asian session against the US dollar amid the lack of economic data earlier this week by the Australian economy and on the eve of developments and economic data expected on Monday by the US economy, the world's largest economy. …

Global oil prices showed a sharp increase at the opening of trading on ICE in London amid a reduction in oil production in Saudi Arabia due to drone attacks on Saudi Aramco plants.

Earlier, along with oil, LUKOIL shares fell in price. The increase in the price of black gold …

USDCAD

The pair is recovering from a drop amid the news about the attack on oil fields in Saudi Arabia, which caused a strong increase in crude oil prices by 10%. If this does not develop into a military conflict between Riyadh and Tehran, oil prices will drop and the …

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

The overall movement of the currency pair is downward. The N1 level upward pattern is truncated, and the Bearish divergence has formed on Awesome Oscillator. A breakout of 1.1060 level will result in a formation of a level M30 …