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Morning Market Overview
It’s a quieter day ahead on the European economic data, following Tuesday’s data dump. The German economy is back in focus, with retail sales for April due out. The Markets will be looking for a further pickup in spending to support the economic outlook. From the U.S there are no material stats to provide direction […]
Looking for the Technical perspective for the day
EUR/USD EUR/USD remains sidelines around 1.2215 during the initial hours of Wednesday’s Asian session. The Eurozone CPI flash estimate data released yesterday indicated an increase in Annual inflation. Also, the Eurozone Unemployment Rate data released has indicated a slight decrease in the jobless rate. The next support zone will be at 1.21500 and the next […]
TECHNICAL UPDATE
[vc_row][vc_column][vc_column_text] EURUSD EURUSD is looking neutral in the near term. Once the pair will reach a level above 1.2230. it can gain bullish potential, while bears could take over on a break below 1.2165. Overall the pair is trending upwards, some reports including German Preliminary CPI data, which was released yesterday indicated the continued rise […]
TECHNICAL OVERVIEW
TECHNICAL OVERVIEW EUR/USD EUR/USD recently broke the level of 1.22. trending upwards. The currency pair is moving towards the support zone of 1.21500 and the next resistance zone is at 1.23200. Look for buying opportunities for the pair if it bounces up the support zone of 1.21500. the previous day, mainly on US Dollar, rebound […]
Xtreamforex Technical Analysis : 30-04-2021
Pound (1.3947) has been rising slowly. A break above 1.40 is needed for the pair to turn bullish and rise further towards 1.41-1.42 in the longer run. For now watch a rise to 1.40 to see if it manages to break above or faces rejection from there. […]
Commodities have recovered the movement seen yesterday.
COMMODITIES: Commodities have recovered the movement seen yesterday. Gold and Silver trade lower but needs to sustain above 1760 and 26 in order to move up again else a fall to 1740-1720 and 25 cannot be negated. Copper may test 4.40 before again rising back to higher levels. Crude prices may face rejection above current […]
Dow continues to remain mixed and continues to oscillate around 34000.
STOCKS : Dow continues to remain mixed and continues to oscillate around 34000. It has to get a strong follow-through rise from here to avoid a fall below 33500. DAX has dipped below 15200 and can come under pressure if it falls below 15000. Nikkei has dipped below 29000 and can go down towards the […]
Ramadan Lucky Draw
[vc_row full_width=”stretch_row” css=”.vc_custom_1619009266341{background-image: url(https://xtreamforex.com/wp-content/uploads/2021/04/image-2.png?id=6454) !important;}” el_id=”ramadan_bg”][vc_column][vc_row_inner][vc_column_inner][vc_column_text css=”.vc_custom_1619009396568{margin-top: 200px !important;margin-bottom: 100px !important;}”] Celebrates the Holy Month of RAMADAN WITH XTREAMFOREX [/vc_column_text][vc_raw_html]JTVCcmFtYWRhbl9mb3JtJTVE[/vc_raw_html][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row full_width=”stretch_row” css=”.vc_custom_1618989442899{background-image: url(https://xtreamforex.com/wp-content/uploads/2021/04/bg.png?id=6442) !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}”][vc_column][vc_row_inner][vc_column_inner][vc_single_image image=”6467″ img_size=”medium” alignment=”center”][/vc_column_inner][/vc_row_inner][vc_row_inner][vc_column_inner][vc_custom_heading text=”How To Win” font_container=”tag:h6|text_align:center|color:%23ffffff”][vc_single_image image=”4469″ img_size=”medium” alignment=”center”][/vc_column_inner][/vc_row_inner][vc_row_inner][vc_column_inner width=”1/4″][vc_single_image image=”6435″ alignment=”center” el_class=”win_png”][vc_column_text css=”.vc_custom_1618991140699{margin-bottom: 0px !important;padding-bottom: 0px !important;}”] REGISTER [/vc_column_text][vc_column_text] To our Ramadan Lucky […]
Unexpected Jobs Data halt Safe-haven Dollar Momentum
Unexpected Jobs Data halt Safe-haven Dollar Momentum The Dollar Steadied after the biggest loss in 10 days following the recent release of disappointing U.S. labor data hampered the hope of ruptured economic recovery from the COVID-19 Pandemic. The U.S. Dollar gradually claiming its Safe-Haven asset position, however, the unexpected inclination of U.S. jobless claims […]
European Stock elevated Amid Economic Recovery Optimism
European Stock elevated Amid Economic Recovery Optimism European Stock markets climbed higher on Thursday, as investors are concentrating on corporate earnings. After the speedy vaccination rollout all around the globe and the optimism of economic recovery turning around the investors to the stock market creating more interest towards the cyclical stocks. The benchmark Stoxx […]
Crypto Trading Bots: Crypto Trading Products by Xtream Forex
Crypto Trading Bots: Crypto Trading Products by Xtream Forex In Crypto Trading, producing benefits for the most part relies upon how rapidly one winds up purchasing and selling digital resources. Thus, even a minor deferral in these compromises can cause recognizable misfortunes. That is the reason individuals frequently consider utilizing crypto trading bots. Crypto […]
The Dollar on Front Foot, Hits Five-Month High
The Dollar on Front Foot, Hits Five-Month High The Dollar’s sudden transition against low-yielding currencies headed to its strongest position on Wednesday. Inflation Talks leads U.S. bonds to climb. The dollar climbed a five-month high against the Yen because of the expectation of further economic recovery as U.S. bond yields bounce, additionally, investors’ […]
The Dollar Gloomy amid Global Economic Recovery Hopes
The Dollar Gloomy amid Global Economic Recovery Hopes The USD slipping in continuation. Pound outshines with the record high. The Safe-Haven Dollar declined to a three-week low on Tuesday as traders are turning towards risker Currencies on economic recovery determination. While Pound climbs nearly three-year high in the hopes of vaccination rollout, gains […]
Dollar Enfeeble, Pound on Course with the hope of economic recovery
Dollar Enfeeble, Pound on Course with the Hope of Economic Recovery GBP/USD has reached a new 34-month high above 1.39 as the United kingdom triumph 15 million people with COVID vaccines with the investor hoping for more stimulus package will be passing by President Joe Biden following the trial of Formal President Trump End. […]
The Dollar Up but with a Recorded Weekly Loss
The Dollar Up but with a Recorded Weekly Loss The doubt on U.S. economy recovery headed the Dollar to its first weekly loss despite the high early in the day. The Dollar Index was up 0.1% at 90.487, however, keep falling 0.6% this week. The USD/JPY inched up 0.2% at 104.88. The EUR/USD slightly […]