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Hundreds of thousands of Algerians demand radical change

Source: Dukascopy Bank SA
Hundreds of thousands of demonstrators marched through the streets of Algeria on Friday, to demand sweeping change to the country's outdated and opaque political apparatus.
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08 Apr 2019

EUR/AUD 4H Chart: Will aim for resistance cluster at 1.5905

Indicator4H1D1W MACD(12;26;9)SellSellSell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)SellSellSell SAR(0.02;0.2)BuySellSell Aggregate⇒⇘⇘ [ANNOUNCE]A four-month descending channel pattern has guided the common European currency lower against the Australian Dollar. This decline began after the currency pair made a U-turn from the upper boundary of the medium-term descending channel at 1.6369 on January 3.[/ANNOUNCE]The exchange rate breached the 50-hour simple moving average at 1.5814 during the morning hours

05 Apr 2019

USD/RUB 1H Chart: Falling wedge in sight

Indicator4H1D1W MACD(12;26;9)BuySellSell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)BuyNeutralSell SAR(0.02;0.2)SellBuySell Aggregate⇒⇒⇘ [ANNOUNCE] The USD/RUB exchange rate continued to trade within the falling wedge pattern. As apparent on the chart, the rate has already reversed from the lower pattern line at 63.70. [/ANNOUNCE] Currently, the currency pair is trading near the upper pattern line at 65.60. From a theoretical point of view, it is expected that a

05 Apr 2019

EUR/RUB 1H Chart: Upside potential

Indicator4H1D1W MACD(12;26;9)BuySellSell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)BuySellSell SAR(0.02;0.2)BuyBuySell Aggregate⇗⇒⇘ [ANNOUNCE] The EUR/RUB currency pair reached the lower boundary of the falling wedge pattern located circa 72.45. [/ANNOUNCE] As apparent on the chart, the pair has already reversed north from the given line. Currently, the exchange rate is testing the Fibonacci 38.20% retracement at 73.49. Given that the rate is being supported by the 55–