Daily reviews

The pair is consolidating above the level of 106.70 amid the new US employment data. If the number of new jobs in September is below the forecasted 140,000, the pair will be exptected t resume dropping. If the numbers are higher, the pair will receive limited support.

The price is …

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

The resistance level of 1.6550 held back buyers. The inclined channel of the ascending pattern is breached. A descending M30 level pattern is likely to emerge within the descending wave (C) of the H8 level. Stochastic Oscillator shows an …

The US dollar fluctuated in a narrow range that tended to decline during the Asian session to witness the rebound for the third consecutive session from the highest since September 19 against the Japanese yen amid the lack of economic data from the Japanese economy and on the eve of …

Gold futures fluctuated in a narrow range tilted lower during the Asian session to witness the bounce for the fourth session in eight sessions from the highest since September 5 amid the positive stability of the US dollar index according to the inverse relationship between them on the eve of …

The single currency of the European Union fluctuated in a narrow range tilted to decline during the Asian session to witness a rebound from the highest since September 26 last against the US dollar on the eve of developments and economic data expected on Thursday by the euro zone economies …

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 next support at 61.8%.

This is under the negative impact of moving averages that move above the …

The Australian dollar fluctuated in a narrow, bullish range during the Asian session to witness the rebound for the second consecutive session from the lowest since March 18, 2009 against the US dollar following the developments and economic data that followed from the Australian economy and on the eve of …

The pair recovers after reaching the local minimum. The correction is likely to continue until Friday's release of employment data from the US Department of labor. If the values are weaker, as shown by the figures from ADP on Wednesday, the pair is likely to turn down and continue to …

The stock is trading flat in a range of its upper limit. Breakout of the 131.25 level will result the formation of a downward pattern 123. Moving Averages on Stochastic Oscillator are in the range of level 80 (overbought zone).

Trading recommendations:

Sell below 131.25.

Stop Loss – 133.50.

Target …