The pair is consolidating above the level of 106.70 amid the new US employment data. If the number of new jobs in September is below the forecasted 140,000, the pair will be exptected t resume dropping. If the numbers are higher, the pair will receive limited support.
The price is …
Analysis based on round-number levels, price channels and modified Elliot Waves
The resistance level of 1.6550 held back buyers. The inclined channel of the ascending pattern is breached. A descending M30 level pattern is likely to emerge within the descending wave (C) of the H8 level. Stochastic Oscillator shows an …
The US dollar fluctuated in a narrow range that tended to decline during the Asian session to witness the rebound for the third consecutive session from the highest since September 19 against the Japanese yen amid the lack of economic data from the Japanese economy and on the eve of …
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