The US dollar rose during the Asian session to witness its bounce to the fourth session from its lowest since March 18 against the Japanese yen amid the scarcity of economic data today by the Japanese economy and the American economy, the largest economy in the world and with the …
The overall movement is downward. The wedge pattern has formed. The moving averages of Stochastic Oscillator are directed downward and signal overboughtness. Breaking through the lower border of the pattern will result in a further downward movement.
Trading recommendations:
Sell below 182.00.
Stop loss: 191.00.
Target levels: 173.24; 165.50. …
The ruble is supported by the sharp recovery in crude oil prices last week in anticipation of the new round of negotiations between the US, Russia and Saudi Arabia on pricing policy and crude oil production volumes. Another positive factor is the continuing demand for federal loan bonds from …
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