The overall movement of the currency pair is downward. The ascending design of the N4 level tested 50% of the descending design. The ascending construction is truncated, and the Bearish divergence formed on the Awesome Oscillator. The inclined channel of the ascending structure is punched. A descending construction is formed …
EURUSD
The pair recovered after the drop caused by the ECB's final decision on monetary policy. Most likely, such dynamics is explained by the anticipated next week monetary policy decision by the Fed which is also expected to shift towards softer policy.
The price is located at the upper Bollinger …
The US dollar rose during the Asian session to witness the bounce for the tenth session in fourteen sessions from the lowest since November 9, 2016, showing the highest since early August, when it tested the highest since late May against the Japanese yen following the developments and economic data …
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