Daily reviews

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 late August last against the US dollar on the eve of developments and economic data expected on Thursday by Germany, the largest economies …

Cisco shares continue to fluctuate around support 47.00 after failing to breach the resistance 49.16 to bounce back to support 46.19 after opening trading last week on a falling price gap, surpassing support 51.25

The MAs 20-50 move above the price and form resistance levels and try to prevent it …

The Australian dollar rose during the Asian session to witness a rebound for the third 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 …

The US dollar fluctuated in a narrow uptrend range during the Asian session to witness the bounce for the sixth session in nine 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 …

The resistance level of 129.00 continues to deter buyers. The support level of 126.80 held back bearish movements. A bullish divergence has formed on the Awesome Oscillator.

Trading recommendations:

Buy after the price fixes above the resistance level 129.00.

Stop Loss under the support level 126.80.

Target levels – 132.30; …

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 …