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The primary currency pair surged even higher on Friday. The current EURUSD exchange rate stands at 1.0990. The market is full of optimism and interest in risk, benefitting the EUR and reducing the attractiveness of the USD as a safe-haven asset. The December meeting of the European Central Bank ended neutrally, precisely as expected. The […]
The British pound sterling has risen to four-month highs against the US dollar. The current GBPUSD exchange rate stands at 1.2767. The Bank of England kept its monetary policy at the December meeting without any changes. The interest rate remained at 5.25% per annum. The market noticed that the British regulator spoke about prospects or […]
Futures Weekly Wrap-Up #ES #NQ #YM To access the weekly review of the price action in the emini futures markets and today’s real-time actionable analysis for the Friday trading session use the links below, please like & share! Emini SP500 https://youtu.be/JZ-z0uEMhU0?si=6krBfWtUcTpb1zEk Emini Nasdaq https://www.youtube.com/watch?v=r2T8PoIaVW4 Emini DowJones https://youtu.be/2iiOvRx4z3c?si=Q3wigFT0pV6Zs_0_ Source: Tickmill
FTSE Surges Post-BOE On the back of the Bank of England meeting yesterday, the FTSE is attempting to breakout above the 7678.8 level range highs. The meeting saw the BOE holding rates steady, while pushing back against those calling for imminent rate cuts. Instead, the bank warned that the battle against inflation was still not […]
EURUSD, “Euro vs US Dollar” EURUSD has formed a Hanging Man reversal pattern near the resistance level on H4. Currently, the instrument is going by the reversal signal in an ascending wave. The correction target could be the support at 1.0950. However, the price might rise to 1.1070 and continue its upward movement without testing […]
Brent Brent quotes are hovering below the 200-day Moving Average on H4, revealing a prevailing downtrend. The RSI is approaching the overbought area. In this situation, the price is expected to test the 2/8 (78.12) level, rebound from it, and fall to the support at 0/8 (75.00). The scenario can be cancelled by rising above […]