Global markets retreated from highs on Friday morning on news from the USA. The short-term momentum of profit-taking in the markets was created by a sudden surge in jobless claims. However, the negative should be more than offset by the $1.9 trillion relief package announced...
The currency pair plunged on Thursday and tested 1.2631. USD/CAD stays above this level at press time. Closest support areas: 1.2631, 1.2594, 1.2552 Closest resistance areas: 1.2669, 1.2697, 1.2726 Macroeconomic data USD Core Retail Sales...
Yesterday the XAU/USD traded in different directions in the range of $1828-$1857 and closed the day without significant changes. Today, gold was trading in a narrow range of $1846-55, staying close to yesterday's closing price. On the hourly chart, XAU/USD is still trading below...
GBPUSD trading plan: Biden released details of the $1.9 trillion “American Rescue Plan” on Thursday, which includes a wave of new spending, more direct payments to households, an expansion of jobless benefits and an enlargement of vaccinations and virus-testing programs....
During today's Asian trading, the US dollar rose against the euro and was little changed against the yen. Investors are assessing new measures to support the US economy, proposed on Thursday by President-elect Joe Biden. The $ 1.9 trillion package of measures, among other...
At the beginning of this week, the quotes of the largest cryptocurrencies underwent a serious downward correction but then resumed their growth and won back some of the previously lost positions. BTC is currently trading around 38200.00 (–6.5%), ETH is at 1250.00 (–1.5%), USDT...
Copper prices are falling on Friday due to the decline in Chinese stock indices. At 10:01 a.m., March futures on the Comex exchange fell 1.45% to $3.61. Copper was up 0.49% at the end of yesterday - It closed at $8048.5 a tonne with delivery in 3 months. Today the negative...
The currency pair plunged on Wednesday and broke down 0.7188. NZD/USD stays above this level at press time. Closest support areas: 0.7188, 0.7169, 0.7148 Closest resistance areas: 0.7206, 0.7224, 0.7239 Macroeconomic data NZD Building Consents...
Yesterday the EUR/USD was trading lower and closed the day in the red around the $1.2150. Today it was trading in a narrow range of $1.2135-70, remaining close to a 5-week low. On the hourly chart, EUR/USD is still trading below the MA line (200) H1 ($1.2235). The situation is...
