The US dollar fluctuated in a narrow range tilted to the upside during the Asian session against the Japanese yen after the developments and economic data that it followed on the Japanese economy and on the cusp of developments and economic data expected today by the American economy, the largest …
The currency pair is trading in the range of 135 and 365 moving averages directed upwards. Awesome Oscillator shows bullish divergence, while Stochastic Oscillator signals oversoldness.
Trading recommendations:
Buy strictly when an ascending wave pattern is formed, where wave A breaks through the inclined channel of the descending (blue) …
News of another successful coronavirus vaccine trial in the US supports the demand for risk assets and puts pressure on the dollar. Also, the proposal of France and Germany to create a 500 billion euros recovery fund to help the most affected countries in the eurozone, supports the EUR …
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