Latest Market News

EURUSD, “Euro vs US Dollar” On H4, EURUSD quotes are above the 200-day Moving Average, which reveals the prevalence of an uptrend. The RSO is testing the support line. The quotes are currently expected to rise above 5/8 (1.0803) and reach the resistance at 6/8 (1.0864). The scenario can be canceled by a downwards breakout […]

EURUSD on Monday looks neutral. The current quote is 1.0790. This week not only starts a new month but also opens a quarter. Many important reports are scheduled for this period, so investors will definitely need forces. Last Friday, the US presented a cardinal release of the basic personal consumption expenses index in February. This […]

EURUSD, “Euro vs US Dollar” The currency pair continues developing a consolidation range around 1.0700. At the moment, the market has extended it up to 1.0928. If the price breaks it upwards, a pathway for growth to 1.1080 will open. If the price breaks the range downwards, the structure of decline could continue to 1.0455, […]

EURUSD, “Euro vs US Dollar” The currency pair has completed a link of decline to 1.0800. Today the market is forming a consolidation range around this level. If the price escapes the range downwards, a wave of decline to 1.0740 might follow. And if the pair breaks this level as well, a structure to 1.0677 […]

Daily Market Outlook, April 03, 2023 Opec+ Oil Shock As The Cartel Cuts 1.6Mln Barrels Of Supply, Oil Surges 8% Asia equity markets start the holiday shortened trading week with modest gains as investors digest a surprise move by Opec+, with the announcement of a supply cut issued Sunday afternoon, the cartel have committed to […]

XAUUSD, “Gold vs US Dollar” Near the resistance, gold has formed a Shooting Star reversal pattern. The instrument is now going by the reversal signal in a descending wave. The target for the correction might be 1920.00. Upon testing the support, the price could rebound from it and continue the uptrend. However, the quotes may […]