EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, after growing and reaching 50.0% fibo, the asset is trading to the downside. This movement may be considered another descending impulse within the downtrend; its closest target is the low at 1.1186, a breakout of which may lead to a further decline […]
EURUSD, “Euro vs US Dollar” EURUSD is still consolidating near the lows around 1.1330; it has already expanded the range both downwards and upwards to 1.1290 and 1.1334. At the moment, the asset is correcting to the downside. Possibly, today the pair may complete the correction by falling and reaching 1.1307. If later the market […]
EURAUD Looking For Lift OffEURAUD looks poised to breakout here. Price has been holding in a block of consolidation between the 1.5671 level support and resistance at the 1.5876 level, sitting in the lower portion of a large triangle pattern. With both MACD and RSI bullish here, and with the market pressuring the topside level […]
Metals Well-Bid On Monday But FOMC LoomsThe metals complex has started the week with a positive tone as both gold and silver see decent demand across the European open on Monday. With USD continuing to hold within the narrow block of consolidation which has formed recently, and with equities markets tanking, gold prices look likely […]
As the Federal reserve releases its position paper on CBDCs, the Russian Central Bank instigates yet another crypto ban scare. 950 Total views 30 Total shares Last week, two central banks dropped public reports that can have a sizable impact on the crypto landscape in their respective countries and beyond. The U.S. Federal Reserve published […]
Delta Air Lines DAL, +0.13% was upgraded to buy from hold by Berenberg analysts, who see “a better value propopsition than the European flag carriers. The U.S. airlines’ demand recovery is more advanced (partly due to their domestic bias), valuations are more compelling relative to history and balance sheets are generally in a better position; […]