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GBP/USD reaches above 1.2500 level
Thu, 02 Jul 2020 11:08:58 GMT
 
The strong technical resistance cluster did not hold on Wednesday. The scenario of a surge occurred and the rate reached the scenario's target of 1.2483. On Thursday, the pair continued >>
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Tesla builds RNA microfactories
Thu, 02 Jul 2020 10:52:53 GMT
 
Tesla's CEO Elon Musk announced on Wednesday that the electric carmaker was constructing "RNA microfactories" for CureVac, the coronavirus vaccine developer, in Germany. >>
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USD/ILS 1H Chart: Short-term decline expected
Thu, 02 Jul 2020 10:33:22 GMT
 
The USD/ILS exchange rate continued to trade within the falling wedge pattern. As apparent on the chart, the rate declined below the 3.4600 level. >>
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EUR/USD reaches 1.1300 mark
Thu, 02 Jul 2020 10:27:47 GMT
 
Despite shortly being pierced, the 1.1200 level held and caused another surge. By mid-day the rate's surge had reached the resistance of the 1.1300 level, which provided resistance. Economic Calendar Analysis The >>
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USD/MXN 1H Chart: Rising wedge pattern in sight
Thu, 02 Jul 2020 10:20:41 GMT
 
The USD/MXN currency pair has been trading upwards within a rising wedge pattern. Currently, the pair is testing the lower pattern line at 22.60. >>
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Crude oil gains value
Thu, 02 Jul 2020 09:47:27 GMT
 
During Thursday's European trading hours, crude oil price benchmarks surged, as a drop in US stockpiles was recently revealed. >>
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Global food price index surges in June
Thu, 02 Jul 2020 09:39:33 GMT
 
World food prices soared in June, marking their first rise of 2020 and a minor rebound after the plunge caused by the coronavirus outbreak, the UN food agency reported on >>
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XAU/USD squeezed by moving averages
Thu, 02 Jul 2020 09:35:22 GMT
 
Yesterday, the XAU/USD exchange rate pierced the lower line of the medium-term ascending channel. During Thursday morning, the rate was testing the 55– and 100-hour SMAs in the 1,773.00 area. >>
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USD/JPY consolidated at 107.40
Thu, 02 Jul 2020 09:29:29 GMT
 
On Wednesday, the USD/JPY currency pair declined to the 107.40 level. During today's morning, the pair consolidated at the given level. >>
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GBP/USD exceeded 1.2500
Thu, 02 Jul 2020 09:22:09 GMT
 
Yesterday, the GBP/USD exchange rate breached the medium-term descending channel north. During Thursday morning, the rate exceeded the 1.2500 level. >>
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EUR/USD jumped to 1.1300
Thu, 02 Jul 2020 09:13:45 GMT
 
On Wednesday, the EUR/USD currency pair reversed north from the Fibo 38.20% at 1.1200. During today's morning, the pair pierced the upper line of a medium-term descending channel. >>
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NZD/USD likely to maintain channel
Thu, 02 Jul 2020 08:04:17 GMT
 
The New Zealand Dollar has surged by 63 pips or 0.98% against the US Dollar since Wednesday's trading session. The weekly pivot point at 0.6444 provided support for the exchange >>
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Fed's Bullard sees financial crisis risks
Thu, 02 Jul 2020 07:56:11 GMT
 
James Bullard, the President of Federal Reserve Bank in St. Louis, warned that a surging number of bankruptcies caused by the coronavirus pandemic could trigger a financial crisis. >>
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USD/CAD awaits NFP
Thu, 02 Jul 2020 07:34:46 GMT
 
The US Dollar has surged by 53 pips or 0.39% against the Canadian Dollar since yesterday's trading session. The currency pair tested a resistance cluster formed by the 50– and >>
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AUD/USD two scenarios likely
Thu, 02 Jul 2020 07:10:17 GMT
 
The Australian Dollar surged by 44 pips or 0.65% against the US Dollar on Wednesday. The currency pair tested the 0.6940 level during yesterday's trading session. >>
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