The overall trend is upward. The currency pair trades in the range between 365 and 135 moving averages. The breakout of 1.3576 will result in the formation of an ascending wave pattern. On the H4 timeframe, bearish traders touched the upper border of the Ichimoku cloud, and on the …
News for today, October 13th:
Oil prices declined on Wednesday amid fears that oil demand growth will fall as major economies are facing inflation and supply problems, although high coal and natural gas prices are limiting losses. The US dollar, trading near an annual high, is also weighing on oil …
The single currency, the euro, fluctuated in a narrow range tilted to the upside during the Asian session, to witness its rebound for the second session in five sessions from its lowest since July 22, 2020 against the US dollar on the cusp of developments and economic data expected today, …
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