Analytics

EUR/USD ready to wake up with US data

November 27, 2019 Off

EUR/USD has been holding its ground amid upbeat trade headlines. A big bulk of US data is set to rock markets ahead of Thanksgiving. Wednesday’s technical chart is pointing to falls for euro/dollar. President Donald Trump has suggested that US-Sino talks are in their “final throes” – a term that is often used for describing…

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Uber is without its London operating license anymore

November 26, 2019 0

Recently Uber, an international organization which provides services for passengers in different countries, has need stripped of the license to work in London. The company received such a prohibition by the transport regulatory company of this metropolis with more than 8.5 millions of citizens. The most essential reason for such a ban got on Monday…

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EUR/USD has three reasons to fall from here

November 21, 2019 Off

Pessimism about US-Sino trade talks is beneficial for the safe-haven dollar. The greenback is getting a boost from the Fed’s minutes.  The ECB’s minutes may reveal openness to more stimulus, weighing on the euro. Thursday’s technical chart remains mixed amid tight range trading.  Are we witnessing the calm before the storm? EUR/USD has been trading within…

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GBP/USD may take aim at the highs amid Boris’ boost

November 21, 2019 Off

GBP/USD has resumed its gains as opinion polls continue showing Conservatives well in the lead. Further political developments are set to rock the pound today. Thursday’s technical chart is showing cable bounced off critical support. Corbyn comeback? Not so fast. Labour leader Jeremy Corbyn may have exceeded expectations in Tuesday’s televised debate – but opinion polls…

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EUR/USD rally awaits Trump – tweets may end it

November 18, 2019 Off

EUR/USD has been extending its gains amid optimism about trade talks.  Comments on negotiations from President Trump are awaited.  Monday’s four-hour chart is showing that critical resistance is close. Brick by brick, EUR/USD is rising in response to reports that trade talks have been constructive. The upbeat mood in markets is supporting the euro and weighing…

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GBP/USD surging on the Boris boost, but it is already overbought

November 18, 2019 Off

GBP/USD has been rising after weekend polls showed gains for the Conservatives. Further developments related to British politics and trade talks are eyed. Monday’s four-hour chart is pointing to overbought conditions Boris is back to a double-digit lead in polls – and the pound likes it. The  has shown a substantial increase in the ruling Conservative Party’s lead…

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EUR/USD has open door to further falls

November 12, 2019 Off

EUR/USD has been looking for a direction amid trade headlines. President Trump’s speech and speculation about Fed policies are set to dominate trading. Tuesday’s four-hour chart is pointing lower after exiting oversold conditions.  Even a dead cat bounces when it hits the floor – this pattern has been dominating EUR/USD trading in recent days – but…

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Natural Gas ready to rally amid a cold snap

November 12, 2019 Off

The US is bracing for a cold snap that could increase demand for natural gas. NG prices are on an uptrend every winter. Mid-November’s technical chart is showing higher lows, a bullish sign. No fewer than 148 daily record lows are now forecast to be broken – the prediction of America’s National Weather Services is music to…

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