Blogs

EURUSD Neutral In Short-Term But Still Bearish In Medium-Term

Forex

<p>EURUSD has been trading within a symmetrical triangle formation since March 20, with a break outside it likely to determine the next trend direction. Moreover, the price rebounded after it found support near the uptrend line and the 1.0730 support, enhancing the argument that the picture may not be entirely negative at the moment in the [&

Dollar Edges Down Ahead Of Fed, Aussie’s Bull Run Continues

Forex

<p>Dollar drifts lower in mostly risk-on mood ahead of Fed statement Virus success powers aussie to 7-week high, euro perks up too Oil steadies, stocks move higher in lacklustre trading Dollar pressured amid lockdown easing, eyes Fed meeting The mood of cautious optimism continues to prevail in the markets on Wednesday as several countries ha

EU Indices Slightly Up | TA Focus On Standard Chartered

Forex

<p>INDICES Yesterday, European stocks charged higher, with the Stoxx Europe 600 Index advancing 1.7%. Germany’s DAX 30 rose 1.3%, the U.K.’s FTSE 100 increased 1.9% and France’s CAC 40 was up 1.4%. EUROPE ADVANCE/DECLINE 78% of STOXX 600 constituents traded higher yesterday. 86% of the shares trade above their 20D MA vs 78%

Italy Is Downgraded

Forex

<p>Italy was downgraded following the significant impact of the global Covid-19 pandemic Rating agency Fitch has downgraded Italy’s rating to “BBB-” from “BBB+” with a stable outlook, saying “the downgrade reflects the significant impact of the global Covid-19 pandemic on Italy’s economy and the sover

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