Daily reviews

The price of gold futures fell during the Asian session amid the rise of the dollar index, showing its rebound to the second session of its lowest since October 22, according to the inverse relationship between them following the developments and economic data that followed Thursday the Chinese economy, the …

The single currency of the European Union region rose during the US session, its highest since October 22 against the US dollar following developments and economic data on Wednesday on the eurozone economies. Following the release of the results of the midterm elections of the US Congress and on the …

NZDUSD

The pair is in uptrend due to RBNZ’s decision to remove mentioning of possible raise of interest rates from their resolution, as well as the remaining expectations that the US and China will reach a trade deal at the G20 meeting in Buenos Aires that will take place in …

EURJPY

The pair is trading below 129.30. It may preserve the upwards tendency as the ECB is no longer expected to stop the economic stimulus measures in the eurozone, as well as positive industrial inflation data that will be released today.

The price is above the middle Bolliger band, above …

EURUSD

The pair is trading above 1.1400 amid the surging demand for risk assets caused by Donald Trump’s  promise to offer a new trade deal to China at the G20 summit. This demand may even overwhelm positive US employment market data and lead to the pair’s growth, but only as …

GBPUSD

The pair is trading above 1.2820 on the eve of the Bank of England monetary policy meeting. The meeting is not expected to bring favorable news for the GBP. Moreover, if the general market sentiment gets worse, the pair will likely reverse and drop.

The price is above the …

EURUSD

The pair is trading on the level of 1.1340 following the release of data indicating a slowdown of the European economy, and the announcement of the German chancellor Angela Merkel that she would not seek reelection as leader of her party. 

The price is below the middle Bollinger band, …

EURUSD

The pair is trading below 1.1390, while consolidating in the expectation of consumer inflation data in the eurozone and employment data in the US that will be released this Friday.

The price is below the middle Bollinger band, a little above SMA 5 and SMA 14. RSI is below …

EURUSD

The pair is trading above 1.1380. Today, the market is awaiting the publication of the US inflation data. If they confirm the inflation growth in the country, it may put pressure on the pair.

The price is below the middle Bollinger band, on the level of SMA 5, but …

EURUSD

The pair is trading below 1.1380. It’s under pressure after the ECB meeting indicated that the bank is going to be extremely careful in its monetary policy, which points to its softer variant. Another source of pressure for the pair is the USD getting stronger as a safe haven …