Daily reviews

USDCAD

The pair is consolidating below 1.3180 amid the outcome of the meeting of the Bank of Canada, which has a positive impact on the local currency along with anticipation of the Fed's monetary policy decision, which will take place in the second half of September. The Canadian dollar is …

Analysis based on round-number levels, price channels and modified Elliot Waves

EURUSD

The overall movement of the currency pair is downward. The pair is trading in the range of 135 and 365 moving averages. Fractal Start formed below 135ЕМА. A break of the fractal start will result in a movement …

Gold futures fluctuated in a narrow range, tilted lower during the Asian session to witness the rebound for the second session from the highest since April 11, 2013 amid the rise of the US dollar index for the first time in three sessions according to the inverse relationship between them …

The single currency of the European Union fluctuated in a narrow range tilted to decline during the Asian session to witness a rebound from the highest since late August last against the US dollar on the eve of developments and economic data expected on Thursday by Germany, the largest economies …

Cisco shares continue to fluctuate around support 47.00 after failing to breach the resistance 49.16 to bounce back to support 46.19 after opening trading last week on a falling price gap, surpassing support 51.25

The MAs 20-50 move above the price and form resistance levels and try to prevent it …

The Australian dollar rose during the Asian session to witness a rebound for the third consecutive session from the lowest since August 7, when it tested the lowest since March 18, 2009 against the US dollar following the developments and economic data that followed from the Australian economy and on …

The US dollar fluctuated in a narrow uptrend range during the Asian session to witness the bounce for the sixth session in nine sessions from the lowest since November 9, 2016 against the Japanese yen amid the lack of economic data by the Japanese economy and on the eve of …

Pin bar was formed on the H4 timeframe. The Williams percentage range indicator shows the price is in the oversold zone.  The break of the mirror 3604 level will provide an opportunity for growth in a range of divergent level of 3683.

Trading recommendations:

Buy above 3604.0.

Stop Loss under …

The currency pair is trading in the range of the lower upward price channel. The break of the mirror level 9.6980 will give the formation of the rising pattern 123 from the lower border of the price channel.

Trading recommendations:

Buy above 9.6980.

Stop Loss under the level mirror 9.6344. …