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On Tuesday, EURUSD continues to rebound from the lower boundary of the current bearish trend amid positive inflation signals and a slowing rally in oil prices: The final assessment of inflation in the EU for August revealed that core inflation remained unchanged, but overall inflation was revised down by 0.1% from the previous estimate to […]

Crude Continuing Higher Crude oil prices continue to rally this week with the market breaking out to fresh highs for the year. The market has been firmly bullish on the back of the recent news that Saudi Arabia and Russia will extend their supply cuts through year end. The tow two producers, which effectively head […]

EURUSD, “Euro vs US Dollar” EURUSD has completed a wave of growth to 1.0697. At the moment, the market is consolidating under this level. The consolidation range might extend to 1.0700. Next, a decline to 1.0655 could happen. And a breakout of this level could open the potential for a wave to 1.0608. After the […]

The major currency pair appears stable on Tuesday. The current EURUSD exchange rate stands at 1.0680. All the time that has passed since the meeting of the European Central Bank, the euro exchange rate has been trying to recover but has so far failed to do so. In fact, the euro has been maintaining a […]

TitleEURJPY H4 | Bearish reaction off 61.8% fibo? TypeBearish Reversal Preference: Price is approaching our pivot point at 157.91, which is an overlap resistance, aligning with the 61.8% fibo retracement. If price reacts bearishly from our pivot point, then price could fall to the 1st support level at 157.41, which is a swing low support, […]

CAD Boosted by Oil Gains The Canadian Dollar is rallying firmly this week. With oil prices pushing on to fresh highs for the year, CAD has been well supported and looks poised for further gains near-term. While the BOC has been on hold recently, the bank continues to stand by its message that further tightening […]