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The 200 SMA has turned into support for EUR/USD

EUR/USD broke below the MAs which were acting as support and they have turned into resistance now which is a bearish signal Full Article

5 M
Can buyers push EUR/USD above the 50 SMA?

EUR/USD has been surging in the last few days after bouncing off the 100 daily SMA, but it is facing the 50 MSA as resistance now. Full Article

7 M

We decided to open a sell EUR/GBP signal after the bounce today, as German GDP posted a decline in Q4, ahead of the ECB meeting Full Article

8 M
If central banks keep hiking rates, global recession will be inevitable

Last week the ECB and BOC delivered rate hikes, while this week the FED and the BOE are on schedule to raise interest rates Full Article

11 M
Can the ECB send the Euro higher above parity today?

Yesterday the 75 bps hike from the BOC didn't help the CAD much, so let's see if today' 75 bps hike from the ECB will have much impact on th Full Article

1 year
Will Europe face energy cuts this winter?

EUR/USD continues to trade close to parity (1.00) despite the ECB planning to raise rates by 75 bps this week Full Article

1 year
Lagarde disappointed Euro buyers

Markets were anticipating an announcement of a 0.50% interest rate increase in July by the ECB, but Lagarde is going for 25 bps hikes Full Article

1 year
The trend has turned really bearish for EUR/USD

ECB continues to disregard inflation, which is pushing the Euro down Full Article

2 years
forex

The broad-based US dollar edged higher for the third day in a row after unexpectedly strong US inflation data surprised markets and... Full Article

2 years

The EUR/USD pair was closed at 1.1984 after placing a high of 1.1990 and a low of 1.1916. EUR/USD pair posted gains for the third consecutiv Full Article

3 years
The retrace seems to be over on the H4 chart

EUR/USD has climbed 200 pips this week, as we await the ECB today Full Article

3 years
Gold Climbs Higher as Number of Coronavirus Cases Grows Across the World

Gold prices have resumed their bullish trend early on Thursday over worries about the higher number of new coronavirus cases being reported Full Article

4 years
GBP/USD

Today, the economic calendar is fully loaded with high impact events from the Eurozone and UK. The European Central Bank will remain in... Full Article

4 years
The business confidence keeps weakening in the Eurozone

The ECB will also release the minutes of its latest meeting minutes later in the day but this is usually not a major market mover... Full Article

4 years
ECB Day

On Thursday, the U.S. dollar is trading mostly steady, after exhibiting dramatic bullish trends during the U.S. session. The dollar... Full Article

4 years
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