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EURUSD Holds at Technical Support
The euro continues to extend declines amid a resurgent greenback. Price action extended declines from Monday, following the break down near the trend line. This led to the euro ...
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Fed’s First Rate Hike Can Happen Earlier Than You Expect, Hints Evans
Us Futures Steadily Recover on Wednesday Thanks to Rush Impatient Buyers Which Ignore the Risk of Deeper Drawdown. The Rally Is a Bit Cautious but Bot...
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Pfizer On Course to Get First Vaccine Results
Shares in US pharmaceutical firm Pfizer are trading almost 1% higher pre-market on Wednesday. Pfizer and its German partner BioNTech have been working on a COVID vaccine. They ...
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EUR/USD Continues to Decline on Coronavirus Fears, Disappointing Eurozone Indicators
EUR/USD continued to decline today. Market analysts speculated that the decline was a result of coronavirus fears and today’s macroeconomic releases in the eurozone, some of which ...
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Boe Governor Makes U-turn on Negative Rates
Gbp Traders Have Seen Plenty of Volatility This Week With Gbp Sinking Lower Over the First Half of the Week. The Sell-off Comes Despite the Governor O...
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USDCNH Correction Hints At 5-Wave Impulse
The current USDCNH structure shows an a-b-c zigzag, with waves a and c being 5-wave impulses. Bearish correction b has recently completed as a zigzag consisting of sub-waves ...
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Uk Pm Announces New Covid Restrictions
The British Pound Has Come Under Heavy Selling Pressure This Week as the Country Prepares for the Start of the New Set of Covid-19 Restrictions Announ...
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GBPAUD Bears Eye Yearly Lows
GBPAUD has remained on a bearish footing from the yearly highs achieved in March. The recent bearish divergences on the momentum indicator hint at further downside. Currently, the ...
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Daily Market Outlook, September 23, 2020
Asian Equity Market Is Mostly Higher This Morning Following Yesterday’s Modest Gains in Europe and the Us. The New Zealand Central Bank Left Interest ...
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Powell Warns Congress Over Further Stimulus
Pelosi-Mnuchin Finally Reach Agreement The US index closed 0.44% higher on Tuesday as it rose above 94 for the first time since July. The ascension on the greenback was buoyed as ...
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