For seven consecutive trading sessions, the EUR/USD pair is trading in the range of a declining channel driven by the strong demand the US dollar after the recent Federal Reserve Bank decisions that stimulate the American economy in the face of a possible economic recession.
WTI Crude Oil Forecast: Reaches Major Milestone
It’s very likely that the market will continue to find plenty of reasons to sell as we continue to weigh the oversupply of crude oil against the lack of demand.
GBP/USD Technical Analysis: After its Recent Collapse
Wednesday's trading session was the bloodiest for the British pound in the face of the strong USD and the strong demand from investors to buy it.
Gold Technical Analysis: Amid Cautious Optimism
Some optimism has returned to the financial markets after the recent actions by the United States of America to face the consequences of the Coruna epidemic and its threat to global economic growth.
LTC/USD: Are Conditions Present For A Price Action Recovery?
While the cryptocurrency market remains under stress due to the outflow of institutional capital, the LTC/USD presents patient traders with an excellent opportunity.
Aussie Suffers Losing Streak as Markets Expect Rate Cuts
The Aussie has been plummeting since Thursday last week, losing about 0.65 percent since then until the end of Tuesday's session.
Traders Run Towards Safe Assets as Coronavirus Outbreak Increases Unease
Market participants are once again concerned (or, perhaps, more concerned than they have been lately) because of the effects of the coronavirus epidemic on global economic performance.
Can Cryptocurrencies Still Be Safe Havens?
The most popular cryptocurrencies markets have been falling since the start of the week, putting into question their status as "safe haven" assets.
Mexican Peso Falls on News Reports
The Mexican peso has been going through a rough patch since the end of the third week of February.
Euro Rallying Despite Negative Fundamental Data
The Euro has been rallying against the dollar since February 21, closing Tuesday's session with a 0.38 percent gain, and adding around 3.58 percent during the past two weeks.