Tag - usd

Oil price in 2020 is one of the central discussions among the analysts. What it will be depends on the factors of influence, which we examine in the article.

NZD/USD has been performing really well since the start of December as it managed to break above the line connecting 2018 and 2019 highs.

No important events in the economic calendar but the technical picture is promising. Let's take a look at AUD/USD, NZD/USD, USD/JPY, and USD/CAD.

The economic calendar doesn't provide interesting events to trade on. Let's take a look at the technical setup to get signals. EUR/USD, GBP/USD, USD/JPY, and XAU/USD are under consideration.

The American manufacturing PMI by the Institute of Supply Management will be out at 17:00 MT time on January 3.  

Markets will be closed earlier due to coming Christmas. However, it's not a reason to avoid trading.

The American Crude Oil inventories will be announced at 18:00 MT time on December 27.

Market sentiment was supposed to improve due to the positive comments about US-Sino trade tensions.

Currently EUR/NZD found some support around 1.6780 (78.6% of the July-October advance). The return to the 1.6825/60 area will likely provide selling opportunities.

The American Durable Goods orders will be announced at 15:30 MT time on December 23.

Last week EUR/USD met resistance of the descending 50-week MA (currently at 1.1188).

Parliament Brexit Vote is the major event that will affect not only the British pound but market sentiment in general.