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  • EURUSD – bulls take a breather ahead of fresh advance
  • GOLD rises over 3% on weaker dollar
  • UK inflation jumps to four-month high in July
  • DOLLAR INDEX breaks key supports
  • GOLD – bulls take a breather under new multi-week high ahead of US economic data
  • US inflation eases in July
  • Brent price falls after recovery failed to clear important $90 barrier
  • Reserve Bank of Australia keeps rates unchanged but signals possible further policy tightening
  • EURUSD – bulls hold grip but continue to face strong headwinds at 100DMA / daily cloud top
  • USD INDEX – key technical support zone remains under increased pressure

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Technical Outlook

The pair probes again through key Fibo barrier, following multiple failures in past few sessions

Slobodan Drvenica Sep 8, 2020
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Market News

Breaking: Eurozone Q2 GDP -11.8% vs -12.1% expected

Slobodan Drvenica Sep 8, 2020
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Technical Outlook

Bears extend into fifth day as fears of no-deal Brexit scenario rise

Slobodan Drvenica Sep 8, 2020
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Technical Outlook

Bears need repeated close below 1.1816 Fibo support to sideline existing risk of stall

Slobodan Drvenica Sep 8, 2020
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Technical Outlook

The dollar attempts to resume recovery, ignoring last week’s double-Doji with long upper…

Slobodan Drvenica Sep 7, 2020
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Technical Outlook

Oil extends steep fall into fourth straight day and hits two-month low

Slobodan Drvenica Sep 7, 2020
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Technical Outlook

Weekend news on rising chances of no-deal Brexit increase pressure on pound

Slobodan Drvenica Sep 7, 2020
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Technical Outlook

Double failure at key Fibo supports weakens bears’ grip

Slobodan Drvenica Sep 7, 2020
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Market News

WTI oil drops below $40 for the first time in one month

Slobodan Drvenica Sep 4, 2020
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Uncategorized

Unexpected sharp drop in US unemployment and solid NFP data lift dollar

Slobodan Drvenica Sep 4, 2020
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Latest Posts
  • EURUSD – bulls take a breather ahead of fresh advance
  • GOLD rises over 3% on weaker dollar
  • UK inflation jumps to four-month high in July
  • DOLLAR INDEX breaks key supports
  • GOLD – bulls take a breather under new multi-week high ahead of US economic data

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