Analysis based on round-number levels, price channels and modified Elliot Waves
The resistance level of 1.6550 held back buyers. The inclined channel of the ascending pattern is breached. A descending M30 level pattern is likely to emerge within the descending wave (C) of the H8 level. Stochastic Oscillator shows an …
The US dollar fluctuated in a narrow range that tended to decline during the Asian session to witness the rebound for the third consecutive session from the highest since September 19 against the Japanese yen amid the lack of economic data from the Japanese economy and on the eve of …
Gold futures fluctuated in a narrow range tilted lower during the Asian session to witness the bounce for the fourth session in eight sessions from the highest since September 5 amid the positive stability of the US dollar index according to the inverse relationship between them on the eve of …
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