Saudi Arabia to provide $4.2-Billion support package to Pakistan
Saudi Arabia to provide $4.2- Billion support package to Pakistan Wednesday was a great day for Pakistan as the nation’s currency got a boost of 2.48 Pakistani rupees against the US dollars in intraday trading. The support was done by their long-time friend Saudi Arabia that announced a package of $4.2B, as per the industry […]
Asian Countries Workers Allowed to Work in Singapore Due to Heavy Labor Loss in the State
Asian Countries Workers Allowed to Work in Singapore Due to Heavy Labor Loss in the State Singapore companies have supported the news of the Singaporean government to welcome the reopening of the borders in India and other south Asian countries for workers. These measures will safeguard the construction sector of Singapore that got badly hit […]
Joe Biden’s US Billionaire Tax was Criticized in US
Joe Biden’s US Billionaire Tax was Criticized in the US The new billionaire tax scheme that will help the social services and climate change plan of President Joe Biden was not welcomed by billionaires. People and some democrats gave importance to the original plan of US tax rates that is running currently in the country […]
Taliban’s Economy on Stake, People Dependent on Former Economic Experts
Taliban’s Economy on Stake, People Dependent on Former Economic Experts In the good old days, the country of Taliban used to have 250 members in their parliament that used to make economic decisions for the community and used to have a relation with 40 countries in the world but now it’s only 50 representatives left. […]
EUR/USD is trading close to 1.1600, gathering strength for the next push higher
EUR/USD is trading close to 1.1600, gathering strength for the next push higher The EUR/USD pair traded as high as 1.1593, presently fostering a couple of pips beneath the level. The day-by-day outline shows that the current recuperation could well be viewed as restorative, as the pair stays under a solidly negative 20 SMA, presently […]
EUR/USD is trading above 1.1550, extending the bounce from yearly lows of 1.1524
EUR/USD is trading above 1.1550, extending the bounce from yearly lows of 1.1524 Generally speaking, EUR/USD is moving downwards. The EUR/USD pair exchanges a small bunch of pips over the referenced 2021 low, down for a second successive day. Specialized readings in the day-by-day outline favor another leg lower as the pair grows well underneath […]
EUR/USD is trading on the front foot above 1.1550 amid a risk-on market
EUR/USD is trading on the front foot above 1.1550 amid a risk-on market According to a specialized perspective, the everyday chart shows that the EUR/USD pair is currently in danger of falling. In the referenced period, the pair exchanges far beneath its moving midpoints as a whole, which keep up with immovably negative inclines. Simultaneously, […]
EUR/USD seesaws around mid-1.1500s in the Asian session
EUR/USD seesaws around mid-1.1500s in the Asian session The EUR/USD pair combines losses toward the finish of the American meeting, at levels last found in July 2020. The decrease could keep as per specialized readings in the everyday graph, as markers keep up with their negative slants, with the RSI inside oversold readings. The 20 […]
EUR/USD battles1.1600 amid the dollar’s rebound
EUR/USD battles1.1600 amid the dollar’s rebound The Relative Strength Index on the four-hour chart is simply under 30, accordingly in the oversold domain. That infers a ricochet is inevitable, yet it very well may be brief. Euro/dollar is experiencing huge drawback force and exchanges well underneath the 50, 100, and 200 Simple Moving Averages. Generally […]
EUR/USD seems to be consolidating the recent downside below 1.1600
EUR/USD seems to be consolidating the recent downside below 1.1600 The EUR/USD pair completed the day with sharp losses, dying to a fifth continuous day. The everyday chart shows that specialized markers keep up with their sharp negative slant, notwithstanding they are at present creating inside oversold levels. The 20 SMA has sped up its […]
EUR/USD is flirting with 1.1600, attempting a warm bounce from the yearly low
EUR/USD is flirting with 1.1600, attempting a warm bounce from the yearly low The EUR/USD pair is down for a fourth continuous day, without any indications of surrendering. In the close to term, and as per the 4-hour outline, the negative potential is as yet solid, as specialized pointers head immovably lower inside regrettable levels, […]
Xtreamforex FX news wrap: Evergrande $45m payment due today – no word so far
Xtreamforex FX news wrap: Evergrande $45m payment due today – no word so far NASDAQ list has its most exceedingly terrible day since March 18. Local values were hammered lower today following the most exceedingly terrible day on Wall Street since May this year on Tuesday. A lot of prattle about on increasing rates, higher […]
EUR/USD bears have been in control on Tuesday and taking on critical support structures
EUR/USD bears have been in control on Tuesday and taking on critical support structures The EUR/USD pair trades around 1.1700, down for a second back-to-back day. The day-by-day chart shows that the danger stays slanted to the disadvantage, as the pair continues to create far under a negative 20 SMA, which meets with the half […]
Xtreamforex Fundamental Market Update 20 September 2021
Xtreamforex Fundamental Market Update 20 September 2021 EURUSD The pair is off the lows, yet the minor idea of the move suggests it must be a “dead-feline bob” – an impermanent rise before the following fall. Be that as it may, it could broaden and turn into a turnaround. While the dollar has cooled off […]
EUR/USD looks to 1.1700, refreshes monthly low on firmer USD ahead of Fed
EUR/USD looks to 1.1700, refreshes monthly low on firmer USD ahead of Fed Generally, EUR/USD is running across. As of late, EUR/USD broke the support zone of 1.17600. The Relative Strength Index on the four-hour graph is over 30, subsequently outside oversold conditions. Energy is to the disadvantage and the pair’s new adjustment has still […]
EUR/USD remains pressured around three-week lows, consolidate the biggest daily fall
EUR/USD remains pressured around three-week lows, consolidate the biggest daily fall Generally speaking, EUR/USD is going across. As of late, EUR/USD broke underneath the vital resistance of 1.18 after the arrival of the solid U.S. retail deals information. In any case, the specialized standpoint is probably going to stay negative except if the pair makes […]
EUR/USD edges higher around 1.1820, during Thursday’s Asian session
EUR/USD edges higher around 1.1820, during Thursday’s Asian session EUR/USD keeps on trading underneath the 50 and 100-time frame SMAs. Regardless, the specialized improvements don’t highlight a negative change in the close term viewpoint. Generally speaking, EUR/USD is going across. As of late, EUR/USD ricocheted up from the vital resistance of 1.18. European Central Bank […]
EUR/USD: Bulls struggle to close in the green, bears eye 1.1780
EUR/USD: Bulls struggle to close in the green, bears eye 1.1780 Generally speaking, EUR/USD is moving upwards. As of now, EUR/USD is trying to break over the critical resistance of 1.18. Its next support zone is at 1.17600 and the following resistance zone is at 1.19000. If EUR/USD breaks over the vital resistance of 1.18, […]