Analytics based on round levels, price channels and modified wave analysis.
The round minor level 1.7520 is holding back sellers. A descending truncated pattern has formed. Bullish divergence has formed on Awesome Oscillator, while the moving averages of Stochastic Oscillator have left the oversold zone.
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The pair found support at 1.1620 amid a surge in demand for risk assets on Monday following the release of strong manufacturing data in Germany and the eurozone. In addition, the market believes that Joe Biden is likely to win, who is perceived by investors as the more convenient …
Monday, November 2nd, today’s news—China's manufacturing activity in October grew at the fastest pace in a decade. Asia-Pacific markets rose, European markets slip amid the new lockdowns and the US election uncertainty, oil is down 3%, gold is rising. The price of Brent oil is $36.80, WTI—$34.55, EUR/USD is at …
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