eurusd

Hi everyone. This observation is made around 5:00 UTC today, with 30 minutes time frames. The Resistance and Support Line were constructed according to Fibonacci retrenchment. Any discussion is welcomed. Stocks slipped in Thursday trade as it braced for a new bout of volatility in equities and...

The pair plunged to a fresh year low of 0.8640. If the price won't break below 0.8600 we may see a pullback to 0.8690 then 0.8720. On the other side break below 0.8630, the next level to watch 0.8600/0.8580.

UK and European shares slip lower on Wednesday after mixed corporate earnings results and amid growing concerns over rising bond yields in the US. EQUITIES Wall Street expected to open lower on Wednesday as the investors awaiting approval of the USD 1.9 trillion economic support package...

Hi everyone. This observation is made around 5:00 UTC today, with 30 minutes time frames. The Resistance and Support Line were constructed according to Fibonacci retrenchment. Any discussion is welcomed. Global shares held firm on Tuesday as most indexes extend their bull run as optimism about...

Hi everyone. This observation is made around 4:30 UTC today, with 30 minutes time frames. The Resistance and Support Line were constructed according to Fibonacci retrenchment. Any discussion is welcomed. Asia-Pacific stocks pushed higher after their U.S. market climbed to a record overnight...

Today, all eyes will be on the BOE interest rate decision, alongside the release of the Monetary Policy Committee meeting minutes and the quarterly Monetary Policy Report. The market participants expect the central bank to keep its interest rate unchanged near zero. Meanwhile, on January, the...

At its meeting today, the Reserve Bank of Australia (RBA) decided to keep the official cash rate unchanged at 0.10% and has expanded its quantitative easing program by purchasing an additional $100 billion of bonds. "The board will not increase the cash rate until actual inflation is sustainably...

Global markets started this new week on a mixed note. US futures slightly rebounded from previous session lows while Euro slipped to fresh weekly lows. For this week, the main drivers for the Financial markets remain the US stimulus negotiations, central bank meetings, the resurgence of...

Germany reported fourth-quarter GDP numbers on Friday, the data showed the German economy expanded 0.1% during the last quarter, compared to the expectations of 0%. On the other hand, the number of unemployed people in Germany dropped by 41 thousand in January of 2021. Both EUR/USD and German...

Hi everyone. This observation is made around 4:30 UTC today, with 30 minutes time frames. The Resistance and Support Line were constructed according to Fibonacci retrenchment. Any discussion is welcomed. Asian stocks traded mixed on Friday after U.S. shares rallied and the dollar eased...

European stocks plunged as the vaccine row between the European Union and AstraZeneca Plc continued to weigh regarding the company’s failure to meet a target to deliver 400 million doses of its COVD-19 vaccine to the regional bloc. “Basically, we said we are going to try our best, but we can’t...

American Biotechnology firm, Moderna (NASDAQ: MRNA) shares closed more than 12% higher on Monday after the company said it believes its COVID-19 vaccine protects against new variants found in Britain and South Africa. The company will publish data from its tests against the South African and UK...

EURUSD Support: 1.2120 and 1.2070 Resistance: 1.2210 and 1.2240/80 GOLD Support: $1838 and $1814/00 Resistance: $1875 and $1900 GBPUSD Support: 1.3640/20 and 1.3580 Resistance:1.3750 and 1.3800 Dollar Support: 89.90 and 89.60 Resistance: 90.45 and 90.90 Read more-...

Crude oil prices started the new week slightly higher. During the last week, the oil prices ended lower after larger-than-expected crude oil inventory builds in the US. Both API and EIA inventory data showed that crude stockpiles in the US increased by 2.6 and 4.351 million barrels in the week...

UK and Australia reported the latest retail sales data on Friday. UK December sales rose 0.3% on the month, better than 4.1% drop seen in November while the figures came well below market forecasts of 1.2%. On an annualized basis, the UK retail sales rose by 2.9% in December versus 4.0%...

Hi everyone. This observation is made around 4:15 UTC today, with 30 minutes time frames. The Resistance and Support Line were constructed according to Fibonacci retrenchment. Any discussion is welcomed. Asia-Pacific shares rose Thursday as renewed optimism over U.S. fiscal spending lifted...

US stock futures and Oil price trading steady on Wednesday following the comments from Treasury secretary nominee, and former Federal Reserve chair Janet Yellen. Yellen pushed for a large fiscal relief package, to help the country's economy to deal with the effects of the Covid-19 pandemic...

In the short term if the price breaks above 1.2140 which would open doors towards 1.2160/70 and above that 1.2200 is next. On the downside side, the first immediate support can be found in 1.2100 and then 1.2080/50.

EURUSD Support: 1.2050 and 1.20/1.1980 Resistance: 1.2130 and 1.2180/1.2230 GOLD Support: $1816 and $1800/$1790 Resistance: $1856 and $1870 GBPUSD Support: 1.3510 and 1.3470/1.3430 Resistance: 1.3580 and 1.3630

“If you can’t fly then run if you can’t run then walk if you can’t walk then crawl, but whatever you do you have to keep moving forward” – Martin Luther King Jr. US stock and bond markets will remain closed on Monday in observation of the Martin Luther King Jr holiday. EQUITIES Wall Street...