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Forex investments
Gold Should Continue Corrective Decline – Credit Suisse

Gold Should Continue Corrective Decline – Credit Suisse

Credit Suisse analysts write that the dollar’s fall is corrective, although the main bullish trend is unlikely to return anytime soon, as long as the metal is trading below $ 1,916. “Gold has stabilized as…

Forex investments
The GBP / USD begins positively – Analysis – 23/12/2020

The GBP / USD begins positively – Analysis – 23/12/2020

The GBPUSD pair starts today positively to move above the minor bullish channel’s support line, but we notice that the EMA50 forms negative pressure that we expect to push the price to decline again, to…

Forex investments
GBP / USD Forecast: British pound established a swing low around 1.32120

GBP / USD Forecast: British pound established a swing low around 1.32120

Wave Analysis Earlier this week the British pound established a swing low around 1.32120. As long as the price remains above this level, we expect nothing but further momentum upwards but should not go beyond…

Forex investments
EUR / GBP: 100/200-HMA caps fall

EUR / GBP: 100/200-HMA caps fall

EUR / GBP is trading near 0.9090, down 0.05% ahead of the European opening on Wednesday. The pair dipped below the bullish trendline from last Thursday, but failed to continue falling below the 100 and…

Forex investments
GBP / USD picked up 1.3400 again

GBP / USD picked up 1.3400 again

GBP / USD has pulled back from an intraday high of 1.3412 and is now trading 0.26% higher at 1.3400 ahead of the London session opening on Wednesday. The pair was supported by a decline…

Forex investments
Barnier: negotiations have reached a critical stage

Barnier: negotiations have reached a critical stage

GBP / USD has continued to decline in response to these comments and has recently traded 0.85% lower at 1.3350.

Forex investments
USA: CB consumer confidence index fell to 88.6 in December

USA: CB consumer confidence index fell to 88.6 in December

Forecast 97.0, prev. 96.1 Component of the assessment of the current situation 90.3 vs. 105.9 Expectations Component 87.5 vs. 89.5

Forex investments
sales in the secondary housing market amounted to 6.69 million in November

sales in the secondary housing market amounted to 6.69 million in November

The USD started to rally again and the DXY recently rallied above 90.50, adding more than half a percentage point from its opening price. Meanwhile, the EUR / USD pair dropped below 1.2200 and is…

Forex investments
Brent oil price begins with new negativity – Analysis – 22/12/2020

Brent oil price begins with new negativity – Analysis – 22/12/2020

Brent oil price opens today’s trading with bearish bias after the strong rise that it witnessed in the previous sessions, which hints the price head to resume the correctional bearish wave, supported by stochastic negativity,…

Forex investments
USA: Richmond Fed Manufacturing Index was 19 in December

USA: Richmond Fed Manufacturing Index was 19 in December

Forecast 10, last month the index fell from 29 to 15 Deliveries 12 against the previous. 20 New orders 24 versus prev. 12 Number of employees 20 versus prev. 13