[Forex1 | Euro vs US Dollar] We can say that additional bearish movements could be seen during current session, particularly if it succeeded to maintain prices below (1.2913) zones. A proper confirmation would occur if the EURUSD will manage to fall beyond the (1.2850) support level.We will be looking to sell EURUSD upon any price retracement.
[Forex1 | Euro vs US Dollar] The outlook has grown increasingly bearish since EURUSD had remained below its latest swing high at (1.2899). If this resistance level is broken to the upside, the outlook will deteriorate.Our bias is on selling EURUSD with a stop loss above (1.2899) for today.
[Forex1 | Euro vs US Dollar] We see high chances of the pair move down gradually towards (1.2805 – 1.2764). A proper confirmation would occur if the EURUSD will manage to close below the (1.2847) support over today`s trading session.Shorting EURUSD is advisable for today.
[Forex1 | Euro vs US Dollar] EURUSD maintains a bid tone for now. Break above (1.3038) may trigger further recovery of the EURUSD. Going bellow latest swing low at (1.2843), however, would confirm continuation of the bearish trend, towards next objective downwards (1.2688).Our bias is on selling EURUSD with a stop loss above (1.3038) for today.
[Forex1 | Euro vs US Dollar] We expect a bearish overall direction for today. as far as (1.3038) remains intact; targeting (1.2888) then (1.2842). A close above (1.3038) resistance area will extend gains to (1.3120).Try to sell on rallies with a stop loss above (1.3038).
[Forex1 | Euro vs US Dollar] We see high chances of the pair move down gradually towards (1.2915 – 1.2889). A proper confirmation would occur if the EURUSD will manage to close below the (1.2947) support over today`s trading session.Shorting EURUSD is advisable for today.
[Forex1 | Euro vs US Dollar] Weakness in EURUSD is likely to continue. We see a less chances of an immediate rise on the instrument for short-term technical outlook. Next downside barriers follow (1.2939) at (1.2914) and (1.2889).You may try to sell from (1.2999), (1.3053), and (1.3086) with a stop loss above (1.3177).
[Forex1 | Euro vs US Dollar] We see high chances of the pair move in a range between (1.3177 – 1.3000). A proper move above (1.3177) confirms a probable rally towards (1.3194). However, if EURUSD manage to close below (1.3000) will support a call for bid tone.We need to keep a closer look on how prices would behave on today`s trading session.
() has announced that chief financial officer George Cole has resigned following the company’s choice to transport its finance department to Almaty, Kazakhstan. The company have been working to ascertain full scale production on the Benkala copper mine in Kazakhstan. Current KazCopper chief financial officer Marzhan Nurumbetova have been appointed as interim CFO. In a [...]
Gold bumped into more headwinds, shedding greater than US$20 as equities regained momentum following the non-farm payrolls figure on Friday. Spot gold slumped US$25.86 to US$1,443.13, with quite a lot of technical analysts suggesting the failure breach either US$1,475 or US$1,480 within the current rally is a worrying sign. Not even another central bank boosting [...]
