The increase in oil prices is supported by the expectation that the Fed will lower the interest rates, which will weaken the dollar on the one hand and stimulate demand for risk assets on the other.
The price is below the middle Bollinger band, at SMA 5, but below SMA …
The currency pair is testing the historical support level that was formed in 2011.
A descending truncated pattern of the H4 level has formed on the H1 timeframe. A bullish divergence has formed on Awesome Oscillator. The breakout of 0.7207 will result in the formation of an ascending M15 level …
The US dollar fell during the Asian session to witness its bounce back for the sixth session in nine sessions from the top since April 25 of 2019 against the Japanese yen after the developments and economic data that were followed by the Japanese economy and amid the scarcity of …
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