Gold has been one of the standout performers during 2020, rising from around $1500 an ounce to a whopping $2075 an ounce in August. However, with the precious metal having broken out of previous all-time…
Ichimoku Cloud Analysis 24.08.2020 (EURUSD, USDCAD, XAUUSD)
EURUSD, “Euro vs US Dollar” EURUSD is trading at 1.1801; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s upside border…
EURUSD Survives Another Correction
EURUSD was correcting yesterday but managed to find support. The Euro got under pressure against the USD last night but managed to reach stability by Thursday morning. The current quote for the instrument is 1.1850.…
EUR/USD Trades Dovish Today Falling below the 1.18…
[caption id="attachment_369530" align="alignnone" width="613"] EURUSD Hourly (H1) Chart[/caption] EUR/USD: The pair is trading with clear dovish bias today as pair fell below 1.18 handle on USD rebound. But positive EU area macro data helped prevent…
EUR/USD: The Pair Conquered Trades with a Clear…
[caption id="attachment_369468" align="alignnone" width="613"] EURUSD Hourly (H1) Chart[/caption] EUR/USD: The pair conquered trades with a clear positive note and is well on its way to scale 1.19 handle as broad market USD weakness underpins Euro…
EUR/USD: The Pair Managed to Cap Losses at…
[caption id="attachment_369428" align="alignnone" width="613"] EURUSD Hourly (H1) Chart[/caption] EUR/USD: The pair which declined yesterday on USD rebound managed to cap loss at 1.1720 mark post which EURO is attempting to regain 1.18 handle once…
EUR/USD – Jumps to April 2018 Highs in…
The Euro accelerated its move north in early Asian trade after consolidating to close at 1.1848 in New York. EUR/USD hit a fresh 2018 high at 1.1889 before easing to settle at its current 1.1875.…
Trump Election Delay Tweet, US GDP Record Plunge…
Summary: The Dollar extended its slide after US Q2 GDP plunged a record 32.9% annualized rate, slightly better than expected (-34.5%). It was still the deepest drop since the government began records in 1947. A…
EUR/USD – Advances to 1.1800, German GDP, Europe…
The Euro continued its advance, outperforming FX, climbing to an overnight high at 1.18064 before easing to settle at 1.1795 in New York. Europe’s economic recovery has outpaced that of the US and many parts…