the market looks worried about near-term problems on the virus front. As a result, oil failed to settle above the $46 level. on the daily chart but if you look the short time frame the price is trending between $45 and $46 price range look for buying opportunities on the 30m time frame as long as 45.14 is your support
looking a sell set up for ETHUSD hers mine! price has got rejected from the resistance level and its trending below its 50 &200 M for me that three clear conformation look for selling opportunities as long as the price is trending below the resistance level at $519
same scenario for both EUR USD AND GBP USD ! There are no important economic reports scheduled to be released in the U.S. and UK today so GBP/USD traders will mostly focus on Brexit news to recent reports, negotiations between EU and UK have stalled. British Prime Minister Boris Johnson and President of the European Commission Ursula von der Leyen will hold...
EUR USD has found its self under a pressure again despite the positive data about "ZEW COMIC STATAEMENT INDEX REPORT" EUR/USD traders are more focused on any Brexit news. Negotiations have stalled, and the risks of a no-deal Brexit are increasing. If Britain leaves EU without a deal, EUR will likely find itself under pressure.
U.S. West Texas Intermediate crude oil futures are under pressure Tuesday, following through to the downside after yesterday’s weak session. The selling was driven as California tightened its pandemic lockdown through Christmas and coronavirus cases continued to surge in the United States and Europe. its more likely to see a lot of noisy in the oil markets its...
GBP USD has moved almost 140 points in today's session , it is very likely that we are going to continue to see noisy conditions, but ultimately this is going to come down to whether or not the EU and the UK can knock off the nonsense and finally signed a piece of paper.
EUR/USD is straggling to settle above the resistance at 1.2140 and it my bounce back moving towards the nearest support level at 1.2075. while the U.S. dollar is trying to move higher against most of currency pairs wait for price conformation before bulling the trigger , look for buying opportunities if the 4hr candle breaks the resistance line else look...
oil prices slipped from their highest levels since March as a continued surge in coronavirus cases globally forced a series of renewed lockdowns, its not surprising news to hear some countries going back to lockdown after down trend move the market has its found support at 45.66 look for buying opportunities as long as is your support
the British pound continues to make inroads against the US dollar, as the pair is poised to complete a fifth straight winning week. There have been many artificial deadlines in the Brexit saga, but there is no ignoring the Dec. 31 deadline, as the UK will withdraw from the European Union on that date, done deal or not. The markets have priced in an agreement...
ERU USD broke higher during the course of the week, slicing through the 1.21 level. That is an area that has been massive resistance previously, so it does make sense that we would continue to go higher now that we have done this. The fact that we are closing towards the top of the weekly candlestick is a bullish sign as well, but it should be noted that on...
U.S. West Texas Intermediate crude oil futures are traded higher on Friday as major producers agreed on a compromise to continue some cuts to production to cope with coronavirus-hit demand even though these fell short of expectations. The market surged early in the session but the rally ran out of steam following a test of a key technical level. The price action...
Crude oil markets have pulled back a bit on Wednesday to reach down towards the previous support and it looks like we are trying to continue the overall uptrend. in this whole week oil has been trending between $45- $44 after all were in boll setuition look for buying opportunity as long as 44.40 is your support
EUR USD managed to settle above the resistance at 1.2090 and its testing the next resistance level at 1.2150, while the U.S. dollar remains significant pressure on the forex market market. today EUR has released which come out better than expected In addition, traders will take a look at Euro Area Retail Sales data for October. Analysts expect that Retail Sales...
The EUR surged higher overnight on an assortment of reflation libations that rocket-fuelled the global growth upswing narrative, specifically early vaccine approvals, and US stimulus optimism. And Fed hopes came off the ropes after a weaker than expected ISM overnight. look for buying opportunities if the 4hr candle breaks the 200MA