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GBPUSD Analysis 26.11.2018

26.11.2018

Market Review

The British pound weakened during the US session on Tuesday, the third consecutive weekly loss against the US dollar, amid a slump in economic data by the British economy and following economic developments and data followed by the US economy, the world's largest economy. 

GBPUSD closed down 0.77% to 1.2797 …

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Technical Analysis 26.11.2018

26.11.2018

Market Review

EURUSD

The pair is slowly recovering after Friday’s drop caused by the negative data of the industrial and service business activity index in Germany and the eurozone. It’s trading below 1.1356. The pair may reverse downwards, if today’s data from Germany and the head of ECB Mario Draghi’s statement aren’t …

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EURUSD Analysis 26.11.2018

26.11.2018

Market Review

The single currency of the euro area fell during the US session on Friday to see its second session in four sessions of its highest since November 7 and is poised to resume its weekly loss for the seventh week in nine weeks against the US dollar following developments and …

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Amazon Analysis 23.11.2018

23.11.2018

Market Review

Amazon shares continue to move in line with the downward trend that has started since October 1.

As it reached the level of support on Wednesday 1429.28 and rebounded in trading on Thursday and the price is still trading below the moving averages that push the price and push it …

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Gold Analysis 23.11.2018

23.11.2018

Market Review

Gold futures fluctuated in a narrowly bearish range to see their rebound for the second consecutive session of its highest since November 7, deflecting the US dollar's sixth index decline in nine sessions from its highest since January 22. In 2017 according to the inverse relationship between them amid a …

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USDJPY Analysis 23.11.2018

23.11.2018

Market Review

The US dollar fluctuated in a narrow range slipping towards the Asian session to see its fifth session decline in nine sessions from its highest since October 4, 2018, against the Japanese yen following developments and economic data that followed on the Japanese economy and amid a lack of economic …

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NZDUSD Analysis 23.11.2018

23.11.2018

Market Review

The New Zealand dollar fluctuated in a tight range slipping towards the Asian session to see a rebound to the fourth session in six sessions since June 26th against the US dollar amid a lack of economic data in the last session of the week by the New Zealand economy …

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EURUSD Analysis 23.11.2018

23.11.2018

Market Review

The single currency of the European Union region fluctuated in a narrowly bullish range against the US dollar following developments and economic data that followed on the Eurozone economies and amid a lack of economic data Thursday by the US economy due to the Thanksgiving holiday in the United States. …

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Technical Analysis 23.11.2018

23.11.2018

Market Review

EURUSD

The weak data of the industrial business activity index in Germany negatively affected the pair and it dropped to the support level of 1.1365. It’s supposed that if the eurozone’s indicators show the same values, the pair will continue its local fall.

The price is below the middle Bollinger …

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Technical Analysis 22.11.2018

22.11.2018

Market Review

EURUSD

The pair is slowly growing as Thanksgiving Day is celebrated in the US. It’s likely to remain within the range of 1.1360–1.1455. It’s affected negatively by the dispute between Italy and the European Commission over the country’s budget, but supported by the expectations of the Fed taking a break …

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