Analysis of currency pairs based on modified Elliott waves, Fibonacci retracement, and price channels
The overall trend is upward. H8 and H2 level descending patterns are truncated. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator indicates an oversold condition.
EURRUB rate online: in …
Friday, May 7th, today’s news—European and Asian markets continue to rise ahead of the US jobs data, American markets are flat. Oil rises on better-than-expected economic indicators in the US and China, dollar is under pressure. The price of Brent oil is $68.11, WTI—$64.68, EUR/USD is at 1.2080, GBP/USD—1.3924, gold is …
Futures contracts for gold prices fluctuated in a narrow range tilted to rise during the Asian session, to witness the highest since February 16, amid the rebound of the US dollar index for the third session in a row from its high since April 19, showing its lowest since late …
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