EUR/USD bids above 1,0832 – Commerzbank

FXStreet Karen Jones, the head of FICC Technical analysis at Commerzbank, the assumption that the positive prospects of the pair above the key 200-day SMA of today 1,0832. Important Quotes “The Euro has eroded in the last week of the 5-month downward trend, the 55-week MA of 1,0926 and the 61.8% Retracement of 1,0974 and […]

GBP/USD fluctuates under 1,3000

FXStreet – The better sentiment towards the Greenback is forcing the GBP/USD from its previous High from the field just below 1,3000 withdraw. GBP/USD decline from the multi-month high The Cable can be shaped by its upward movement in the Asian trade on 1,2990 in a sustainable way. After the High was formed at the […]

Oil falls below $ 50/Barrel, traders lose the patience – ANZ

FXStreet – The ANZ analysts have published their latest weekly commodities report on Monday, and this gives insights into the Oil market. Important Points: • The energy-weighted commodity Index in China falls • Oil falls below USD 50/Barrel, while the traders will lose their patience in relation to the realignment of the market • Although […]

EUR/USD correction to the Macron victory for 1,0970

FXStreet – After the Eröffnungsgap to new multi-month high above 1,0000, moved the EUR/USD to 1,0970/60. EUR/USD offers after French elections Buy the rumor and Sell the fact seems to be ahead of the European opening bell called for, after the independent candidate Emmanuel Macron, the second round of the French presidential elections with 65% […]

Doji Candle in the USD/CAD

The upward trend of the USD/CAD slows down after the one-week chart, a Doji was formed. The candlestick pattern normally does not change in the short term, the market sentiment from bullish to neutral, but after the RSI moves in the time zone above the 60% mark, there is repentance, the possibility of a trend […]