The pair is still moving within the narrow range around the resistance area 109.90 – 110.10 … It is better to wait until this resistance is breached and confirm the upside move to be the next potential targets around 110.90 as the first target and 111.70 as the second target. but the drop and the […]
The potential bearish scenario remains valid with steady trading below 1.1410 … The pair may be heading towards its second target around 1.1290 support and then the main target around 1.1220 (the low of November 2018) … The saturation of the Stochastic and RSI indicators on the four hour frame may push Pair to test […]
The pair is maintaining its stability below 1.3000 – 1.3030 which keeps the possibility of the downside to the list to head to the second target at 1.2810 support, which could push the price to head to 1.2700 as a third target. A break of the SMA 50 with a four hour closing above 1.3030 […]
By Tom Finn LONDON (Reuters) – The dollar rose on Monday as concerns grew that U.S.-China talks this week would not heal a rift over trade between the world’s largest economies. The greenback is being lifted by its safe-haven appeal as investors, worried about a sharp global economic slowdown, pile into the world’s most liquid […]
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By Henning Gloystein SINGAPORE (Reuters) – Oil prices rose on Tuesday after Washington imposed sanctions on Venezuelan state-owned oil firm PDVSA a step that may curb the OPEC member’s crude exports to the United States. Despite the move, which comes as the U.S government looks to pile pressure on President Nicolas Maduro to step down, […]
By Saikat Chatterjee LONDON (Reuters) – The dollar held near a two-week low on Tuesday as growing concern over the trade conflict between the United States and China heightened the safe-haven appeal of the Japanese yen and the Swiss franc. The United States on Monday announced criminal charges against China’s Huawei Technologies Co Ltd, escalating […]
