The trend continuation pattern Flag has formed on the chart. The support level of 182.60 is holding back sellers, and the price pivot zone of 188.44 is holding back buyers. Bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals oversold. A breakthrough of the price pivot zone …
The pair is consolidating below 108.00 as the global demand for risk assets cautious recovers stimulated by the late last week’s news on the successful COVID-19 drug trial in the US. Any positive news in this regard will push the pair to growth.
Technical side:
The price is above …
The fluctuation of the US dollar in a narrow range slanted toward decline during the Asian session, to witness its rebound to the sixth session in ten sessions from its top since March 27 against the Japanese yen, after the economic data that it had reported on the Japanese economy, …
Don't have your language?
