WTI cracks psychological $40 barrier after OPEC+ decision to extend production cut
WTI oil rose on Monday and cracked psychological $40 barrier, hitting the highest in three months after major oil producers agreed to extend a deal on production cuts to the end of July.
OPEC+ group decided on Saturday to extend reduction…
Read More...
Read More...
The dollar rises near psychological 110 barrier after NFP shocker
The pair rose to two-week high on Friday after US NFP shocker inflated dollar.
Fresh bullish acceleration extends advance of past three days through key Fibo barrier at 109.52 (61.8% of 111.71/105.98) and cracked next strong barrier at…
Read More...
Read More...
Aussie cracks psychological 0.70 level en-route to key barrier at 0.7032
The Australian dollar cracked psychological 0.70 barrier on Friday, in extension of steep bullish acceleration this week (the pair is on track for weekly gains of nearly 5%).
Bulls approach key barrier at 0.7032 (31Dec 2019 high) and break…
Read More...
Read More...
Bulls crack main technical barrier ahead of US NFP data
Cable cracked 200DMA barrier (1.2665) on Friday after double close above 100DMA (1.2560) generated fresh bullish signal.
The pair holds in green for the seventh straight day, as dollar continues and traders maintain cautious optimism for a…
Read More...
Read More...
Bulls eye 2020 high after taking out the last barrier; US jobs data in focus
The Euro continues to trend higher, extending steep uptrend into ninth consecutive day and hit new nearly three month high at 1.1383 in early European trading on Friday.
ECB’s decision to increase bond-buying program for additional 600…
Read More...
Read More...
The dollar falls across the board after ECB announced increase of bond buying program
The dollar fell across the board after the ECB announced the increase of bond buying for additional Eur 600 billion, bringing the total of the program for supporting the economy after pandemic (PEPP) to Eur 1.135 trillion.
The action of…
Read More...
Read More...
Euro eases from new high awaiting fresh signals from ECB / US jobless claims
The Euro eases from new 11-week high at 1.1257 on Thursday, partially due to overbought conditions and partially as positioning ahead of ECB’s policy announcement. |
The pair holds in steep uptrend which lasts almost three weeks, boosted…
Read More...
Read More...