EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: confirmed 'Hanging Man'
2019-11-11 • Updated
There's a 'Hanging Man', which has been confirmed enough. So, the market is likely going to test the nearest support at 1.1511 in the short term. A pullback from this level could be a departure point for another bullish rally.
The pair is consolidating along the Moving Averages. It's likely that the market is going to test the lower 'Window' soon. If we have a pullback from this level, there'll be a moment for an upward price movement towards the nearest resistance at 1.1660.
A United Nations agency is warning that the central bank’s actions create a high risk of pushing the global economy into recession.
Inflation in New Zealand is the highest since 1990, edging to 7.3% in Q2 2022. The currency is under heavy pressure as the Reserve Bank of New Zealand is trying to reverse the inflationary spiral. The week ahead will give us a valuable clue about the country’s monetary policy, and we are here to talk about that.
In the middle of September 2022, the Canadian dollar has fallen to a 2-year low against the USD