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USDCAD

The pair is trading below 1.3180 amid a correction in crude oil prices. If the price stays below this level as the oil prices resume growing, it is likely to continue its local decline, but if the oil quotes go down, the pair may begin an upwards correction.

The …

Sber Bank was able to breach the resistance at SMA 50, so the price continues the bullish move, which was confirmed after exiting the descending channel that was trading two weeks ago.

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

Stochastic is within the overbought …

The US dollar fluctuated in a narrow uptrend range during the Asian session to witness the bounce for the seventh session in eleven sessions from the lowest since November 9, 2016 against the Japanese yen following the developments and economic data that followed on Monday on the Japanese economy, the …

Gold futures fluctuated in a narrow and bullish range during the Asian session to witness the rebound to the second session from the lowest since August 23, ignoring the positive stability of the US dollar index for the first time in five sessions according to the inverse relationship between them …

The single currency of the European Union has fluctuated in a narrow and bullish range during the Asian session to witness the rebound for the third session in five sessions from the lowest since May 15, 2017 against the US dollar on the eve of developments and economic data expected …

The Australian dollar rose during the Asian session to rebound for the fifth consecutive session from the lowest since August 7, when it tested the lowest since March 18, 2009 against the US dollar amid lack of economic data earlier this week by the economy The Australian and American economies …

Williams Percent Range shows that the shares are oversold, Awesome Oscillator indicates a bullish divergence. If the downward sloping channel is breached by an upward pattern, the shares will have the opportunity to grow.

Trading recommendations:

Purchase as the rising pattern is forming, with an AC wave breaking through the …

USDCAD

The pair is consolidating below 1.3180 amid the outcome of the meeting of the Bank of Canada, which has a positive impact on the local currency along with anticipation of the Fed's monetary policy decision, which will take place in the second half of September. The Canadian dollar is …

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

EURUSD

The overall movement of the currency pair is downward. The pair is trading in the range of 135 and 365 moving averages. Fractal Start formed below 135ЕМА. A break of the fractal start will result in a movement …