The below is the daily chart of the USDOLLAR. Further to our previous article, yesterday’s candle may be a bullish reference candle (blue arrow). I.e. a candle with higher lows on either side of it. If today’s candle closes above yesterday’s high (black horizontal line), it will give weight to...
Important upcoming events and publications
Important upcoming events and publications for April 2 (GMT): 06:30 Swiss CPI has slowed since August last year and is expected to maintain this trend in March, reaching 0.5% y/y against 0.6% y/y one month earlier. After weak Eurozone inflation...
NZD/USD Technical Analysis: Hits 3.5-week low, nears six-month ascending trendline
NZD/USD is currently trading at 0.6773, the lowest level since March 8, representing a 0.43 percent drop on the day. More importantly, the pair is no The post NZD/USD Technical Analysis: Hits 3.5-week low, nears six-month ascending trendline appeared first on FXCM News .
Bitcoin Climbs Above 4,513.4 Level, Up 8%
Bitcoin Climbs Above 4,513.4 Level, Up 8% The post Bitcoin Climbs Above 4,513.4 Level, Up 8% appeared first on FXCM News .
Asian Stocks Edge Up; Brexit In Focus as Parliament Rejects All Alternative Plans
Asian Stocks Edge Up; Brexit In Focus as Parliament Rejects All Alternative Plans The post Asian Stocks Edge Up; Brexit In Focus as Parliament Rejects All Alternative Plans appeared first on FXCM News .
EOS Climbs Above 4.2059 Level, Up 0.16%
EOS Climbs Above 4.2059 Level, Up 0.16% The post EOS Climbs Above 4.2059 Level, Up 0.16% appeared first on FXCM News .
WTI Technical Analysis: 200 DMA under pressure
The price is now testing the 200-D MA and on the verge of a break rising wedge's prior resistance of 60.71. If 61.90 holds, 2018 April's soli The post WTI Technical Analysis: 200 DMA under pressure appeared first on FXCM News .
The price of populism: Brexit cost Britain $ 785 million per week
Goldman Sachs on Monday estimated Britain’s economy has lost nearly 2.5 percent of GDP relative to its growth path prior to the mid-2016 referendum on exiting the European Union, and has lagged other advanced economies as uncertainty dents investment. “Politicians...
EUR/USD Technical Analysis: Euro drifting down and flirting with the 1.1200 handle
EUR/USD daily chart EUR/USD is trading in a bear trend below its 200-day simple moving average (SMA). EUR/USD 4-hour chart EUR/USD is trading The post EUR/USD Technical Analysis: Euro drifting down and flirting with the 1.1200 handle appeared first on FXCM News .
S&P500 Technical Analysis: US Stocks en route towards the 2,890.00 level
S&P500 daily chart The S&P500 is trading above its main simple moving average suggesting bullish momentum. S&P500 4-hour chart The S&P500 is The post S&P500 Technical Analysis: US Stocks en route towards the 2,890.00 level appeared first on FXCM News .