The pair is above the 1.1280, consolidating in anticipation of the Fed’s final monetary policy decsion to be made on a meeting from Tuesday to Wednesday. This will force investors to be cautious ad cause a local correction of the pair.
Technical side:
The price is above the middle …
The stock is trading in the range of the support level of 101.67. Bullish divergence has formed on the Awesome Oscillator, and Stochastic Oscillator signals oversoldness. Buy after the downward construction is completed after the breakout of the inclined channel.
Trading recommendations:
Buy when an ascending wave pattern is …
The fluctuation of the US dollar in a narrow range slanted toward decline during the Asian session, to witness its bounce for the second session from the top since March 26 against the Japanese yen, following developments and economic data that it announced today, Monday, on the Japanese economy and …
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