Forex News

EUR/USD remains depressed near 1-1/2 week lows, sub-1.1400 level

   •  Dismal German factory orders data exerted fresh pressure on the Euro.    •  The continuation of the recent rally in the USD adds to the selling bias. The EUR/USD pair held on the defensive through the mid-European session and is currently placed at the lower end of its daily trading range, around the …

AUD/USD drops 64 pips to 0.7175 as RBA’s Lowe says rate outlook is more evenly balanced

The AUD is taking a hit on dovish comments from RBA’s Lowe. The central bank governor said that interest rate cuts as likely as rises. The Aussie dollar is being offered across the board in response to comments by Reserve Bank of Australia’s (RBA) governor Lowe that the rate outlook is now more evenly balanced. …

EUR/USD Technical Analysis: Are Euro bulls really throwing in the towel ?

EUR/USD daily chart EUR/USD is trading in a bear trend below the 200-day simple moving average (SMA).  EUR/USD 4-hour chart The main SMAs are coiled together suggesting that in the medium-term investors are undecided.   EUR/USD 30-minute chart EUR/USD is trading above the 1.1400/20 support in a consolidation day.  EUR/USD bulls might reach 1.1460 before …

USD/CAD Technical Analysis: Eyes falling trendline hurdle after the bullish RSI divergence

The USD/CAD pair is currently trading at 1.3117 and could rise test the falling trendline resistance, currently at 1.3170, as the relative strength index (RSI) on the 4-hour chart has diverged in favor of the bulls. 4-hour chart The bullish divergence of the RSI occurs when the indicator clocks higher lows in response to lower …

EUR/USD parked around 1.1440 following EMU data

The pair trades within a tight range near 1.1440. DXY approaches the 95.80 region, or daily highs. EMU Sentix index dropped to -3.7 in February. The mood around the shared currency stays somewhat depressed on Monday, with EUR/USD parked around the 1.1440 area so far. EUR/USD weaker on EMU data The pair remains confined to …

USD/JPY: Fed put in play, risk takers back in the driver’s seat

USD/JPY has erased the majority of the Fed’s sell-off. USD/JPY is currently trading at 109.52, up from a low of 109.43 and a touch below the session high of 109.59. USD/JPY benefited from the jump in US yields on Friday following the NFP report that sent the pair rallying from 108.90 to almost 109.60 after …

EU economy for the year 2018 – a record for the last 10 years

Trade war with the USA, the distrust of the partner countries, the skeptics do not interfere with the expectations of the EU’s economy to grow. With indicators rolled over limit point every year. This threatens the worldwide changes in both economic peace and financial terms. Read more in the article.

What Factors Can Influence the Stock Market?

In this article, we will highlight features of economic relationships at the stock market as well as factors impacting the stock market. Features of Economic Relationships at Stock Market The stock market is one of the system elements of the finance market. Like other market types, it denotes the interaction of entities of economic affairs …

What Forex Pairs Are The Best For Beginner Traders?

In this article, we will find out which currency pair is more profitable to trade for a Forex newbie. Imagine you decided to study medicine, and you need to choose a specialty. You can’t be a dentist, a gynecologist, and a vascular surgeon at once. You should opt for one specialty among hundreds of options …

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