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<p>The Euro holds in red for the third consecutive day and probes again below cracked strong Fibo support at 1.0831 (61.8% of 1.0635/1.1147) after Thursday’s attack failed to clearly break lower. Stronger dollar weighs on the single currency, which accelerated lower after bull-trap above 55DMA. Converged 5/10DMA’s and 30/55DMA’s are about to

<p>WTI oil price eventually broke below critical $20 support zone and dipped to new lowest since Oct 2001 at $18.02 in European trading on Friday. Weak China’s GDP data, released overnight, signaled that the economy of the world’s second biggest oil consumer has slowed significantly during the lockdown, with country’s oil ru

<p>The NZD/USD currency pair rebounded from the bottom border of an ascending channel pattern on Thursday. As a result, the Kiwi Dollar edged higher by 98 pips or 1.65% against the Greenback during yesterday’s trading session. After the exchange rate tested the weekly pivot point at 0.6005, the pair began to decline. Most likely, a [&he

<p>The US Dollar declined by 160 pips or 1.13% against the Canadian Dollar on Thursday. The currency pair tested the monthly pivot point at 1.4013 during Thursday’s trading session. The exchange rate bounced off the monthly PP on Friday morning. Most likely, the USD/CAD pair will continue to edge higher within this session. The possible

<p>The Australian Dollar surged by 114 pips or 1.81% against the US Dollar on Thursday. The 200– hour simple moving average provided support for the exchange rate during yesterday’s trading session. Everything being equal, the AUD/USD currency pair could decline within this session. A potential breakout through the lower boundary of an