News for today, Tuesday, February 8
The US dollar has increased by 0.22% on Tuesday after a hawkish announcement of ECB officials in the last week. The euro has gained 2.7% then, yet hadn’t beaten the resistance level around $1.1483 and had consequently decreased to 1.1418. On the other hand, …
The GBP/USD pair hovers around the 1.3525 level without confirming its position in relation to this level, which makes us stay neutral until we get a clearer indication of the next direction.
We remind that breaking of the mentioned level will put the price under additional negative pressure that targets …
Gold price resumed its positive trading to reach the awaited target at 1825.15, and obtains continuous positive support from the EMA50. It supports the chances of surpassing this level and opening the way for extended gains that reach 1860.00.
Thus, we continue to suggest the bullish trend for the upcoming …
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