QUICK MARKET UPDATE 21TH JUNE
QUICK MARKET UPDATE 21TH JUNE AUD and NZD both moved substantially higher (for an Asian range day) with AUD/USD up around 40 points from its lows while NZD/USD up a similar amount circa +40 points. Fresh news and data were light only. EUR didn’t do too much, yen and GBP added on a […]
TECHNICAL UPDATE 21TH JUNE
TECHNICAL UPDATE 21TH JUNE EUR/USD In general, EUR/USD is moving downwards. As of late, EUR/USD broke beneath the critical resistance of 1.19. European Central Bank President Lagarde will be talking later in 2030 (GMT+8). Likewise, she will affirm before the European Parliament Economic and Monetary Affairs Committee at 2215 (GMT+8). During these occasions, there might […]
Technical Market Analysis 16th June
Technical Market Analysis 16th June EUR/USD Generally, EUR/USD is running across. As of late, EUR/USD bobbed off the opposition zone of 1.21500. EUR/USD’s next support zone is at 1.19700 and the following obstruction zone is at 1.21500. Search for momentary selling chances of EUR/USD up until the U.S. FOMC meeting tomorrow at 0200 (GMT+8). The […]
QUICK MARKET WRAP
QUICK MARKET WRAP The Australian dollar fell after the announcement of the meeting minutes, dropping by about 15 points to a low of around 0.7695. The New Zealand dollar/U.S. dollar fell a few points. Since then, the two have become a little bit apart. US dollar/Canadian dollar and US dollar/Japanese yen. The scope of all […]
TECHNICAL UPDATE 15th JUNE
TECHNICAL UPDATE 15th JUNE EUR/USD EUR/USD bounced up from the key level of 1.21. USD’s next support zone is at 1.19700 and thus the subsequent resistance zone is at 1.21500. look for selling opportunities of EUR/USD. The EUR/USD pair is marginally higher at the beginning of the week, trading above the 1.2100 thresholds. The EUR/USD […]
Bundesbank: German economy prepares for post-pandemic growth and price recovery
Bundesbank: German economy prepares for post-pandemic growth and price recovery It now expects the German financial system to attain pre-pandemic tiers as quickly as the subsequent quarter, developing with the aid of using 3.7% this yr, 5.2% subsequent yr, and 1.7% in 2023. “The German economy is overcoming the pandemic-related crisis,” said Bundesbank President […]
Bitcoin, Cardano’s and Ethereum Weekly Technical Analysis
Bitcoin, Cardano’s and Ethereum Weekly Technical Analysis!!! It will be a mixed start to the day for the major cryptocurrencies. It will go choppy to the Sunday session high with the failure of the break backs to test the majors. Bitcoin will be rose by 2.50% at the end of the weekend on 12th […]