Xtreamforex Fundamental Market Update 8 September 2021
Xtreamforex Fundamental Market Update EUR/USD The EUR/USD pair edged lower for a second back-to-back day, finishing Tuesday in the 1.1840 value zone. The dollar built up speed as the day passed by, among financial backers moving away from high-yielding resources. Values were down in Europe and the US, albeit the NASDAQ Composite figured out how […]
The Reserve Bank of New Zealand issued a report on bank liquidity
The Reserve Bank of New Zealand issued a report on bank liquidity It was an essentially sideways meeting for major FX rates. AUD, NZD, CAD all showed a modest quantity of solidarity against the USD. The News stream was exceptionally light. On the information front, we had Japanese GDP, the last read for Q2 came […]
Call on commodities – All that glitters is Gold!
Call on commodities – All that glitters is Gold! Regardless of economic and political turmoil, it’s fairly clear that no other commodity boasts such a long-standing trust record. Considered a “safe-haven asset”, gold has the highest appeal for investors in the tough times of natural disasters, wars, monetary policy change, hyperinflation, or any sort of […]
EUR/USD rebounds to 1.1871 during a sluggish Asian session on Tuesday
EUR/USD rebounds to 1.1871 during a sluggish Asian session on Tuesday Generally, EUR/USD is moving upwards. As of late, EUR/USD rebounded off the resistance zone of 1.19000. Measuring the most recent bullish run between the year low at 1.1663 and the post-NFP high at 1.1908, the 23.6% retracement is situated at 1.1850, the quick help […]
Xtreamforex Fundamental Analysis
Xtreamforex Fundamental Analysis EUR/USD EUR/USD bounce back to 1.1871 during a sluggish Asian meeting on Tuesday. The significant money pair solidifies the earlier day’s losses inside a bullish development, specifically a climbing pattern channel since August 20. Bulls can focus on early June’s low on the fruitful break of twofold tops. It was a peaceful […]
Xtreamforex Asia FX news wrap: USD dips a little in Asia
Xtreamforex Asia FX news wrap: USD dips a little in Asia Major forex rate moves were restricted to tiny ranges yet it was the USD floating towards the base finish of those reaches basically no matter how you look at it. USD/JPY is down around 15 focuses on the meeting with the information discharges having […]
What Made Bitcoin’s Last Bull Market Different?
What Made Bitcoin’s Last Bull Market Different? Bitcoin has encountered numerous positively trending markets, and this most recent one, which started in 2018, is particularly not quite the same as the last. Between late 2018 and the hour of this writing in November 2020, the computerized cash’s cost has climbed over 500%. Investigators have referred […]
EUR/USD Weekly Forecast: Bulls To Take Double Top, ECB Meeting Eyed
EUR/USD Weekly Forecast: Bulls To Take Double Top, ECB Meeting Eyed Euro’s Intra-Day Sideways Swings Are Hitting A 1-Month High Of 1.1908 On Friday After A Tremendous Miss In U.S. Payrolls Recommends Union Would Proceed In Asia Before Late Up Move Continue, Be That As It May, Loss Of Up Force Should Cover Cost […]
Xtreamforex FX news wrap: There is a packed agenda of Fed Reserve speakers coming up this week
Xtreamforex FX news wrap: There is a packed agenda of Fed Reserve speakers coming up this week The USD showed inconsistent strength in the Asia session to open the week. Trading was dispersed a little with the long end of the week in the US and Canada drawing nearer (markets in the US and CAD […]
EUR/USD is trading flat in a quiet start to the week with North America out for the day on holiday
EUR/USD is trading flat in a quiet start to the week with North America out for the day on holiday. The EUR/USD pair clutches week by week gains in the wake of garnish out at 1.1908, additionally the high from July 30. Up for a second sequential week, the week after week outline shows that […]
Xtreamforex Fundamental Analysis: 3 September 2021
Xtreamforex Fundamental Analysis: 3 Sep. 2021 For the EUR It’s an especially bustling day ahead on the financial information front. Administration area PMIs for Italy and Spain and retail marketing projections for the Eurozone are expected out sometime in the afternoon. Finished assistance and composite PMIs for France, Germany, and the Eurozone are additionally due […]
US Non-Farm Payrolls Preview: Weak Reading May Deepen Dollar Slide
US Non-Farm Payrolls Preview: Weak Reading May Deepen Dollar Slide US non-farm payrolls for August are relied upon by financial analysts to see the positions develop dial down a touch from last month’s 943,000 perusing, to come in at 750,000 for August. In any case, joblessness will improve, tumbling from 5.4% to 5.2%. The dollar […]
EUR/USD prints six-day upswing to refresh monthly top towards 1.1900
EUR/USD prints six-day upswing to refresh monthly top towards 1.1900 The EUR/USD pair has kept progressing over the 61.8% of the 1.1908/1.1663 decrease at 1.1820. However long over the last mentioned, bulls will hold control. As the pair heads into the Asian opening exchanging close to its daily high, odds of a bullish continuation in […]
Xtreamforex FX News Wrap: This is the thing that you need to know on Friday
Xtreamforex FX News Wrap: This is the thing that you need to know on Friday Very tight ranges and largely sideways for most all major FX rates today here in Asia with eyes looking ahead to the jobs data due from the US Friday morning. US monthly nonfarm payroll jobs report due at 1230 GMT […]
EUR/USD: Bull’s assault key obstacle around 1.1850, pullback moves remain less important
EUR/USD: Bull’s assault key obstacle around 1.1850, pullback moves remain less important Generally speaking, EUR/USD is going across. As of late, EUR/USD bounced up from the vital resistance of 1.18.EUR/USD stops week by week come together for a one-month high encompassing the intermediate 1.1800s as Asian merchants brush their screens for Thursday’s undertakings. The money […]
Xtreamforex FX News Wrap: Major FX rates subdued
Xtreamforex FX News Wrap: Major FX rates subdued Major FX rates tracked mainly sideways during the session here with little net change to report on the day. Fresh news was thin on ground although we did get a couple of data releases, none of which had much currency impact: NZD/USD takes offers around 0.7060, down […]
The EUR/USD pair has been pursuing minor losses in the Asian session
The EUR/USD pair has been pursuing minor losses in the Asian session Right now, EUR/USD is trying to break underneath the critical resistance of 1.18. Its next support zone is at 1.17600 and the following resistance zone of 1.19000. Search for buying chances of EUR/USD on the off chance that it ricochets up from the […]
Australia Q2 GDP stronger than expected, China manufacturing PMI weaker
Australia Q2 GDP stronger than expected, China manufacturing PMI weaker The News stream was light. The COVID-19 circumstance in Australia and New Zealand weakened once more with privately communicated case tallies ascending on a skip back in numbers for Victoria and NZ (once more, see slugs above for additional). An October information for the Japanese […]