Blogs

USD/RUB: Is a Global Reversal Ahead?

Forex

<p>Good day!</p> <p>The currency pair USD/RUB broke the lower side of descending triangle, gaining support at the 70.50 level. It is also targeting the broken side of this triangle as well as the level of 72.70. It sees that the asset might soon pull from the broken lower side of triangle and drop. It is […]

Eurozone Data Improving But ECB Concerns Remain

Forex

<h2>Economy Begins To Bounce Back</h2> <p>Eurozone recovery hopes continue to blossom this week. Following last week’s release of better than expected flash manufacturing data for the both the Eurozone and Germany, the German Ifo index released this morning also came in above expectations.</p> <p>The reading, which is

Precious Metals Monday 25-05-2020

Forex

<h2>Gold</h2> <p>Gold prices have seen renewed selling pressure over recent sessions following the breakout to fresh highs on the year last week which quickly reversed. The move above the 1747.15 level came with plenty of divergence on momentum studies and was short lived as both equities and the US dollar continue to see support,

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