Last week marked the consolidation for the most active assets of March 1-15 (which is oil and gold). But next week has a lot to show, be ready to take part!
EUR/USD: 'Tower' pattern on the 34 Moving Average
2019-11-11 • Updated
It seems like there's a 'Tower' pattern on the 34 Moving Average. So, the market is going to reach the next resistance at 1.1862 in the short term.
We've got a bullish 'Hammer', which has been confirmed. In this case, after a short break, the price is going to test the nearest 'Window" (1.1815).
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…
Let's dive into the world of gold. Currently, the price of gold, represented by XAUUSD, is stuck in indecision, hovering around the $1,975 mark. The market is anxiously awaiting two important factors: the release of the Federal Reserve's meeting minutes and the extension of the US debt ceiling.
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!
The Bank of England (BoE) has dramatically shifted its economic forecasts. They no longer expect a recession in the UK and have upgraded their growth projections. This year, the BoE predicts GDP growth of +0.25%, a significant improvement from previous expectations. Next year's forecast is even more optimistic, with a projected growth of 0.75%.