The overall trend is downward. The pair is trading in the range of the round important level of 0.8500. A bearish divergence has formed on Awesome Oscillator indicator, and Stochastic Oscillator signals overboughtness.
Trading recommendations:
Sell while a descending pattern is forming, where the wave (aC) breaks through the inclined …
The US dollar fluctuated in a narrow range, which is slipping toward decline during the Asian session, to witness its rebound from above since January 22 against the Japanese yen, following the developments and economic data that were reported by the Japanese economy, the third largest economy in the world, …
Gold price futures fluctuated in a narrow range tilted to a decline during the Asian session to witness the resumption of its rebound from its top since January 8, when it tested its highest since March 22, 2013, disregarding the rebound of the US dollar index for the second session …
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