Another reason traders may not want to reduce their euro short positions is ahead of tomorrow's release of the eurozone flash PMis for January. Another dire set of confidence readings will only encourage the ECB to look through the tick-up in...
GBP/USD Hello. I think the same thing is happening here as with the eurodollar. The price dropped into local purchases, a test and is trying to rise in the resumption. On the left side there is still a breakout of the local maximum, its test too. I...
NZD/USD Analysis Good Morning guys! The New Zealand's CPI rate had remained at 0.5% yesterday. Today, President Turm Speak will again be released. Also, the US unemployment rate and Crude Oil Inventories will be released today. So, the NZD / USD...
GBP/USD In terms of margin zones, both the pound and the euro are in a long trend. That is, the main direction of movement is to buy. What is down is considered a correction. GBPUSD The option with a correction to the lower level of the profitable...
WTI crude oil futures have recently experienced a period of volatility, pulling back from a six-month high of $79.36 to the $75.00 level. This decline was accompanied by a weakening in technical indicators, signaling a potential shift in momentum. A...