
EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
2019-11-11 • Updated
There's a bearish 'Shooting Star', but confirmation of this pattern isn't enough. So the market is likely going to test the 144 Moving Average, which could be a departure point for a bullish price movement
The last 'Shooting Star' led to the current decline, but there's an opportunity to have a local upward correction. Even so, bears are likely going to test the lower 'Window' afterwards.
EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
What happened? It looks like the decline in EUR/CHF to 1…
4H Chart Daily Chart EURUSD managed to rise further on Friday inline with our expectations, reaching our entire targets mentioned in our previous notes at 1…
The past several weeks have been a real triumph for the bulls in the oil market. The Brent spot price grew by 8.5% during the last month.
Gold prices are rising for three consecutive days ahead of the Federal Reserve (Fed) interest rate decision, which is expected to remain unchanged due to declining inflation and a positive economic outlook. Investors are keen on the Fed's interest rate guidance, fearing a hawkish stance that could trigger market risk aversion.
Amid concerns of a Chinese economic slowdown, reports of declining investment often overlook China's efficient investment strategy in emerging sectors for long-term growth. China has taken measures to stabilize foreign and private sector investments, like reducing the reserve requirement ratio to boost investor confidence.
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