Analysis based on round-number levels, price channels and modified Elliot Waves
The overall movement of the currency pair is downward. The range of the medium round level 0.6450 is actively holding back buyers. Bearish divergence formed on the Awesome Oscillator. The level H4 rising pattern is truncated and is probably …
EURUSD
Today, the market focuses on the ECB's monetary policy decision. If the bank does not take any measures to support the European economy or if the measures are minor, the euro will be supported. Conversely, if broad stimulus measures are taken, the pair will be expected to drop.
The …
The Australian dollar fluctuated in a narrow range tilted to decline during the Asian session to witness the rebound for the third session from its highest since late July against the US dollar following the developments and economic data followed by the Australian economy and on the eve of developments …
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