GBP/USD 24H For the whole week, GBP/USD was trading lower like EUR/USD. Nevertheless, for GBP/USD the crucial move was a 61.8% fibo bounce. After thisRead More
Month: October 2020
EUR/USD 24H According to the 24-hour timeframe, EUR/USD eventually made some efforts to quit a sideways trading. The currency pair was closing in the redRead More
Since the beginning of the week, the euro has depreciated against the US dollar by more than 1.5%. The EUR / USD pair fell 0.6%Read More
Short-term bearish outlook was expected especially after bearish persistence was achieved below the lower limit of the newly-established ascending-channel around 1.3100. A quick bearish declineRead More
Further Development Analyzing the current trading chart of BTC, I found that BTC is still trading in sideways mode and the breakout of the balanceRead More
In July, the EURUSD pair has failed to maintain bearish momentum strong enough to move below 1.1150 (consolidation range lower zone). Instead, bullish breakout aboveRead More
Fed lowers minimum loan size in Main St lending program to $100K from $250K Fed tweaks the program Adjusts main street program to encourage smallRead More
Two weeks ago, temporary breakout above 1.1750 was demonstrated within the depicted ascending channel. This indicated high probability of bullish continuation towards 1.1880. However, downsideRead More
PEC October oil output rose on Libyan supply Output rose 210K bpd to 24.59 mbpd States bound by supply cut pledges complied at 101% OPEC+Read More
Support at 0.9025-0.9050 has held and USDCHF formed a double bottom. Price has now reached important resistance levels and a rejection here will open theRead More
The Asia-Pacific Stock Exchanges (APX) continue with the negative dynamics on Friday morning. Major stock indexes are decreasing against the background of unresolved problems andRead More
This significant decline in the market value of the company occurred after the release of financial statements and the decline in the value of securitiesRead More
A virtual EU summit was held yesterday, whose goal was to unite heads of state and government to effectively contain the spread of the COVID-19Read More
Some European countries have reintroduced tighter control measures to stop the COVID-19 spread. Once again, trade and tourism are under pressure. As a result, demandRead More