Blogs

<p>First, a review of last week’s events: </p> <p> </p> <p>- EUR/USD . The European currency has been growing all week, even despite the rather weak statistics on the Euro zone economy. The pair was helped to break through the upper limit of the 1.0750-1.1000 &nbsp;corridor and rise to the height of 1.1145 by the [

<p>EURUSD Daily Outlook – The US has been in total chaos in the past few days with Black Lives Matter protests, Presidential twitter meltdowns, weak U.S economic updates, and geopolitical tensions with China, all the while the Coronavirus death toll rises to 104 thousand. With that, it’s no surprise that the US Dollar didn’t receive [&h

<p>In this Weekly Market Outlook 01-06-20, our analyst looks into the trading week ahead, possible market moving data releases across the globe and the technical analysis to accompany it!</p> <p><iframe src="https://www.youtube.com/embed/dyMz7WJQpJ8" width="100%" height="481" frameborder="0&qu

<p>Eurozone inflation continued to decline due to falling oil prices, but the underlying price pressure remained stable, which is an encouraging sign for ECB which tries to keep prices and inflation expectations from falling into deflation.</p> <p>Consumer prices in 19 Eurozone countries fell to a four-year low of 0.1% in May from

The EUR/USD bears were not encouraged by the White House’s retaliation to China for Hong Kong Forex has been radically changed by the global recession! In a different situation, the talks about the expansion of the euro-area QE would result in the euro sell-offs. Under the current conditions, the EUR/USD has reached its two-month high also because

Overview of the main events of the Forex economic calendar for the next trading week 01.06.2020 to 07.06.2020 Trading on key Forex news: we are expecting the publication of important macro statistics from China, the US, Australia, Germany, Canada, the Eurozone, as well as the results of the meetings of the central banks of Australia, […]

The pair EUR/USD remains likely to grow. Estimated pivot point is at a level of 1.1017. Main scenario: consider long positions from corrections above the level of 1.0871 with a target of 1.1250 – 1.1490. Alternative scenario: breakout and consolidation below the level of 1.0871 will allow the pair to continue declining to the levels […]

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