According to this morning’s data, it became clear that the dollar was able to recover some of the losses that were recorded at the very beginning of the trading week. This was made possible due to the fact that most market participants are in limbo and are very restrained against the backdrop of increasing tensions […]

Corona News : Europe is no longer a distant theory, according to the director of the EU agency responsible for advising governments – including the UK – on disease control. “The question is when and how big, that is the question in my view,” said Dr Andrea Ammon, director of the European Centre for Disease […]

News : A rally in April 2020 lifted crypto hedge fund YTD profits to 13.4 percent, while a wider hedge fund industry suffered losses. Meanwhile, the Embark Group’s Peter Toogood warned that many fund managers are not bullish on the U.S. stocks. Some of the world’s leading hedge funds are losing the profit-making race to […]

The Fed published its minutes yesterday, which lowered the demand of risky assets at the Asian session, in relation to the expectations of a slower recovery of the US economy and the problems brought by France and Germany’s decision to create additional funds for economic recovery. The euphoria brought by France and Germany’s decision to […]

The Fed published its minutes yesterday, which lowered the demand of risky assets at the Asian session, in relation to the expectations of a slower recovery of the US economy and the problems brought by France and Germany’s decision to create additional funds for economic recovery. The euphoria brought by France and Germany’s decision to […]

Hello! Today, we will have a closer look at the dollar/franc pair, another major currency pair on Forex. The pair is quite interesting and has a clear technical picture. I suggest we observe the pair starting from a weekly time frame. Weekly time frame Last week, bulls failed to resume the uptrend on USD/CHF which […]

Hello! Today, we will have a closer look at the dollar/franc pair, another major currency pair on Forex. The pair is quite interesting and has a clear technical picture. I suggest we observe the pair starting from a weekly time frame. Weekly time frame Last week, bulls failed to resume the uptrend on USD/CHF which […]

From the point of view of complex analysis, you can see the recovery process relative to the inertial course, and now let’s talk about the details. The past trading day was focused on variable stagnation within 1.2220/1.2280, which to some extent, coincided with the area of interaction of the trading forces 1.2240/1.2280, which reflected temporary […]

From the point of view of complex analysis, you can see the recovery process relative to the inertial course, and now let’s talk about the details. The past trading day was focused on variable stagnation within 1.2220/1.2280, which to some extent, coincided with the area of interaction of the trading forces 1.2240/1.2280, which reflected temporary […]

Risk Warning: 73.57% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for […]

EURUSD has gained some momentum, flirting with the three-week high of 1.1000 in the previous sessions, before dropping slightly lower. The technical indicators appear weak, as the MACD is flattening near its trigger line in the positive area and the RSI keeps moving marginally below the overbought region. The 20-period simple moving average (SMA) currently […]

Economic calendar (Universal time) Here are the events that await us in the afternoon: 12:30 the number of initial unemployment claims (USA), 12:30 manufacturing activity index (USA), 14:00 sales in the secondary housing market (USA), 18:30 speech by the head of the Fed. EUR / USD The players to increase continue to fight for a […]

Today we take a look at USDCAD and see how we are going to play the bounce! We use Fibonacci retracements, extensions, support/resistance, momentum and trend lines to identify trading opportunities in this exciting pair today! The material has been provided by InstaForex Company – www.instaforex.com Related Posts:Technical Analysis – EURUSD dives below 1.1000 key […]

Today we take a look at USDCAD and see how we are going to play the bounce! We use Fibonacci retracements, extensions, support/resistance, momentum and trend lines to identify trading opportunities in this exciting pair today! The material has been provided by InstaForex Company – www.instaforex.com Related Posts:Technical Analysis – EURUSD dives below 1.1000 key […]

Stocks defy economic gravity: Nasdaq closes in on record highs But markets more cautious Thursday, after Trump’s twitter storm vs China Pound rebound falters as BoE Governor doesn’t rule out negative rates Nasdaq approaches all-time high, but futures retreat Close your eyes and you wouldn’t know we are in the middle of a deep recession. […]

Sino-Australian relations sank to a new low this week after China unexpectedly slapped 80.5% tariffs on Australian barley imports, possibly signalling a new front in the global trade war. China buys about 30% of Australia’s exports and its decision comes days after blacklisting four Australian abattoirs that export beef. But while China’s actions must be […]

EURJPY’s latest aggressive run recently paused way above the 200-period simple moving average (SMA) at 118.20 after price action achieved footholds from the 115.32 level, on the Ichimoku cloud’s lower band and the 50-period SMA. The pair is in the process of pushing above this point, something also reflected in the now climbing Ichimoku lines. […]

AUDUSD continues to send bullish signals in the daily timeframe as the price further enhanced its two-month old uptrend after stepping on the 0.6400 level and printing another higher high at 0.6615 on Wednesday. In the short-term, some weakness cannot be ruled out as the price is hovering around the upper Bollinger band and the RSI seems […]

The Fed reaffirmed its promise to keep interest rates at zero, until they are sure that the US economy is recovering. This will presumably continue for several years, not even considering negative rates. Although many are expecting a huge possibility of new outbreaks, the minutes of the FOMC meeting said that the central bank is […]

Technical Market Outlook: The EUR/USD pair has rallied towards the level of 1.0999 which was the next technical resistance for bulls. The market has made another Doji candlestick at the top of the move at the level of 1.0991. This level must be clearly violated in order to rally towards the swing high at 1.1017. […]

Gold price is trading in the red and it seems heavy enough to drop towards the near-term support levels. The yellow metal could slip lower if the USDX bounces back in the short term. You should be very careful today as the eurozone, UK, and the US will release the Flash Manufacturing PMI and Flash […]

Technical Market Outlook: After the GBP/USD pair has made a new local high at the level of 1.2297, the bearish pressure intensified and the price has came back to the main channel. The momentum remains negative ( the RSI points to the south), the market conditions are overbought, so the odds for another wave up […]

Judging by what is happening in the currency markets, it can be said that investors are increasingly focused on the way out of the countries of Europe and the United States, as well as economically strong countries of Asia, led by China, from the pandemic crisis. Markets are clearly starting to ignore the “threats” from […]

Crypto Industry News: From April 11 to May 14, Bitcoin transaction fees increased by more than 1,250% from $ 0.38 to $ 5.16. Although transaction fees have since fallen by 33.3% to around $ 3.44, they have risen again by 36.5% since the May 11 halving. The average cost of transactions in the Bitcoin network […]

Crypto Industry News: The team responsible for the tBTC project, an attempt to transfer Bitcoin to Ethereum via decentralized depositories, closed the bridge just two days after launch. The decision was revealed today by Matt Luongo, founder of Thesis, a company that supports tBTC as part of the Keep project. TBTC was launched on May […]