The S&P 500 had a good week due to the impressive start of Q1 earnings and favorable inflation data. In March, the consumer price index rose 5%, lower than the previous month's 6%, and met economists' expectations.
EUR/USD on the way to reach higher levels
2019-11-11 • Updated
EUR/USD has been refreshing its multi-anual highs across the board, with the help of a weak US Dollar in the FX space and now we’re seeing that it’s correcting recent gains and looks forward to test a key Fibonacci area. Such zone lies between the 1.1864 and 1.1803 level, where the pair could start to gain momentum to reach the next target around the -23.6% Fibonacci retracement level at 1.2165. Of course, once it breaks above August 29th highs.
RSI indicator still hovers in the oversold territory.
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Hey guys, this is the last full trading week in May, and many forward-looking individuals like myself are already preparing themselves to seize whatever opportunities June may have in store. On this note, I will review a few commodities that have satisfied my quest for swing-trading opportunities in the coming month. Follow me!
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