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EURUSD

The pair is consolidating above 1.1015 amid the publication of economic statistics from the US. Positive data would lead to the pair's reversal local decline.

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

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

Important round-number level 0.9800 held back sellers. The downward sloping channel is breached by the formation of Fractal Start above the 365-day moving average (0.9843). A breach of the fractal start will result in an upwards wave pattern on …

Gold futures fluctuated in a narrow range, tilted lower during the Asian session to see resumption of rebound from the highest since April 11, 2013, overlooking the decline of the US dollar index for the second consecutive session from the highest since May 12, 2017, according to the inverse relationship …

The euro-zone single currency fluctuated in a narrow, bullish range during the Asian session to see its rebound for the second consecutive session since May 15, 2017 against the US dollar on the eve of developments and economic data expected on Wednesday by euro-zone economies The US economy is the …

The Australian dollar rose during the Asian session to witness a rebound for the second consecutive session from the lowest since August 7, when it tested the lowest since March 18, 2009 against the US dollar following the developments and economic data that followed from the Australian economy and on …

Aeroflot shares fell to exceed 107.25 support, approaching the next support 104.70.

The price is moving below the 7-20-50 moving averages, which puts pressure on the price to retest 104.70 support again.

Stochastic is on a downtrend towards oversold area which helps increase negative pressure on the price.

General direction …

The US dollar fluctuated in a narrow uptrend range during the Asian session to witness the bounce for the fifth session in eight sessions from the lowest since November 9, 2016 against the Japanese yen amid the lack of economic data by the Japanese economy and on the eve of …

EURUSD

The pair has corrected as the USD is weakening locally due to clear signs of the US economy entering a recession. The pair may resume the decline if today’s eurozone retail volume data shows a continuation of the negative trend.

The price is below the lower Bollinger band r, …

Gold futures fluctuated in a narrow range, tilted lower during the Asian session to see its fifth session rebound in six sessions from the highest since April 11, 2013 amid the rise of the US dollar index to its highest since May 12, 2017 according to The reverse of the …

The single currency of the European Union fell during the Asian session to see its lowest since May 15, 2017 against the US dollar on the eve of developments and economic data expected on Tuesday by the economies of the euro zone and the US economy, the world's largest economy. …