Correlation of Euro and goldEURUSD trading plan: We are expecting a bearish rally today. "The Governing Council expects the key ECB interest rates to remain at their present or lower levels until it has seen the inflation outlook robustly converge to a level sufficiently close to, but below, 2%...
DAILY NEWS - CONSERVATIVES WIN UK ELECTIONS1. The Conservative Party will receive an absolute majority of seats in the British Parliament 2. The United States and China are close to a trade agreement. 3. The mood of major manufacturers in Japan has deteriorated GBP / USD pair soared today by 2.4% and is...
Morning Market Review 13/12/2019EUR/USD EUR has shown steady growth during today's Asian session, adding about 0.5%. The instrument also managed to update local highs of August 13, rising to the level of 1.1198. The reason for such a significant increase in EUR was the moderately optimistic results of...
Gold Spot technical analysis 13.12.2019Gold consolidates before the trading start in London in the wake of reaching an understanding on the first phase of the US-China trade agreement. Rising demand for risk will push gold prices to further decline. The price is below the middle Bollinger band, below SMA 5 and SMA...
Today’s Commentary Friday, Dec 13EUR/USD Intraday: the bias remains bullish. Pivot: 1.1125 Our preference: long positions above 1.1125 with targets at 1.1155 & 1.1170 in extension. Alternative scenario: below 1.1125 look for further downside with 1.1110 &...
Analytics on 12/12/2019. Stocks cheer the Fed’s tone, oil struggles around $64European stock markets are slightly higher on Thursday as investors digest a market-friendly message from the Federal Reserve, as the central bank held steady as expected and signaled that rates would remain accommodative with no hikes expected in 2020. In Europe, the European...
Correlation of USDJPY and stock marketsUSDJPY trading plan: We are expecting the continuation of the bullish rally in the stock markets which will have a positive impact on the value of this currency pair. The Federal Open Market Committee left its benchmark rate unchanged in the range of 1.5% to 1.75%....
Morning Market Review 12/12/2019EUR/USD EUR is showing moderate growth against USD during today's Asian session, updating local highs of November 4. The growth of the euro is promoted by not the strongest positions in the US currency, which received an additional impetus to decline after the Fed...