Best European Forex Brokers 2020
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EUR/USD fails multiple times to breach short-term downtrend line
EUR/USD is under pressure again after finding support around 1.1196, which is the 23.6% Fibo retracement of the up leg from 1.1026 to 1.1249 and the 1.1180 level from June 18.
After failed attempts to move above the downtrend line, the…
Bitcoin continues bullish rally at 15-month high
Bitcoin is testing a new 15-month peak of 11,427, creating a strong bullish rally over the last three weeks.
While the slowdown in the red Tenkan-sen and the blue Kijun-sen lines could be a warning sign that the bullish action may soon…
USD/JPY plummets to fresh 5-month low
USD/JPY is tumbling to a new five-month low near 106.77 today, struggling within the downward sloping channel.
The RSI is trending south in the oversold zone, while the MACD is heading down below 0, posting a bearish cross with its trigger…
Dollar Index futures scope for further losses but short-term downside softer
The position in the US dollar index futures is on the back foot for the fourth consecutive day and near a three-month low of 95.47 following the rejection from the 20- and the 50-day simple moving averages (SMA).
The price has so far…
EUR/USD beats 200-day SMA for first time in a year
EUR/USD staged a quick recovery last week, with the price crawling above the 200-day simple moving average (SMA) for the first time in more than a year.
On Monday, the bullish pattern gained extra credence as the EUR/USD pair extended its…
Forex » The week ahead from June 23th to 28th 2019
As heightened trade tensions force central banks around the world to take a dovish turn, the fate of the US-China trade talks will be determined at the G20 summit in Japan.
The planned meeting between US President Trump and Chinese…
USD/CHF falls the most in three years; looks oversold
USD/CHF experienced its worst daily trading in more than three years on Thursday, posting a sharp dip towards a 6 ½ -month low of 0.9790.
The price is currently hovering around the lower Bollinger band, while the RSI is set to shift higher…
Bitcoin bulls rest below 38.2% Fibonacci
Bitcoin is stubbornly testing the 38.2% Fibonacci ratio of the long 19,384-3,187 bearish wave for the fourth consecutive session that the bulls failed to successfully breach a year ago.
While the slowdown in the red Tenkan-sen and the blue…
USD/JPY still bearish below moving averages
USD/JPY remains stuck in a bearish phase as the momentum oscillators struggle in negative territory.
The RSI is trending downwards below the 50 level, while the MACD histogram is heading back down below 0, though it’s holding above its red…