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GBP/USD Selling Near 1.2050 During COVID Crisis in China
28 Nov 2022 @ 18:59
GBP/USD is facing mild selling pressure around 1.2050 before London open today. GBP/USD is trying to cheer the impetus hopes during the anxiety of main strikes in the United Kingdom and Coronavirus agitations in China. A report from Reuter has it that British public-sector pay won’t be able to match the rising inflation. This is […]
EUR/USD Continues to Gather Profits Above 1.0250 During USD Pullback
22 Nov 2022 @ 20:57
EUR/USD continues to move further above the 1.0250 mark during the opening hours of the European trading period. A lower hawkish tone from the Federal Reserve is burdening the United States Dollar. At the same time, European Central Bank officials see the need for a reduced interest rate come next December. Meanwhile, the United States […]
AUD/USD Appears Weak Near a Week Low During Wide USD Recovery
22 Nov 2022 @ 02:10
AUD/USD continues its downward retracement from last week. The pair slides from the 0.6800 price level and subsequently drew some selling order today. AUD/USD retained its tone throughout the opening of the North American trading period. Now, the pair reclines near a week’s low, barely above the $0.6600 price level. The United States Dollar gains […]
EUR/GBP Continues to Record Moderate Profits Beyond Mid-0.8700S, Lacks Upside Momentum
14 Nov 2022 @ 22:02
EUR/GBP moves higher for the 2nd day in a row today (Monday). Also, it is now holding to moderate in-day profits during the opening hours of the European session. The pair is now positioned beyond the mid-0.8700s however lacks any follow-through buying confidence. The pair keeps attracting some assistance from bets for an increased policy […]
USD/JPY Records Moderate Gains But Loses It
11 Nov 2022 @ 22:09
USD/JPY recorded moderate gains during the early hours of today (Friday). This saw the pair recovering some losses due to a CPI-induced dip towards 140.20. Nevertheless, the in-day uptick failed around 142.00s and the USD/JPY pair gave up most of its in-day gains, as it falls below 141.00 in the first part of the European […]
EUR/USD Retraces Downwards to 0.9950 Before United States CPI
10 Nov 2022 @ 23:41
EUR/USD lost its footing and has fallen under the 1.000 price level during the early hours of today (Thursday). The short-term outlook reveals that this price decline is due to a lack of buyers. Nevertheless, the United States October CPI data will soon give a new direction to the pair. The risk avoidance situation helped […]
GBP/USD Stays Steady Around 1.1550 During Risk Aversion
09 Nov 2022 @ 20:33
GBP/USD oscillates near the mid-1.1500s, this happened while the 4 days uptrend as buyers and sellers struggles during early Wednesday. The pair’s past gains can be related to the wide USD lack of upside momentum. The BOE Economist Huw Pill pointed out recession worries during panel discussion. He as well included that the Bank of […]
XAU/USD Maintains Focus on $1,683
08 Nov 2022 @ 23:30
Gold appears to be putting an end to its downtrend. This is happening as the subdued United States Treasury yield provided some assistance. The United States Dollar rebounds strongly during a cautious market sentiment on Mid-term Election Day. Gold bulls stay optimistic as strong support lies at the $1,660 price level. XAU/USD price recently obtained […]
BTC Relinquishes the Price Level of $21,000, While SOL Dips by 14%
08 Nov 2022 @ 00:41
Within a few days of being sold and bought beyond the $21,000, Bitcoin lost this support, as it retraced lower by some hundreds of dollars. Some other alternative coins as well experienced huge falls yesterday, while Solana had the lion’s share of the fall, as it fell by 14%. Solana Steep Dive Solana stood among […]
Solana Rallies to a Two-Month Height Following Google Running a Validator Node
06 Nov 2022 @ 23:55
Besides Being Restricted at $21,500 and dipping by some hundreds of dollars BTC has strived to remain beyond the $21,000 price level. Many of the existing altcoins are quieter today on daily bases. However, Solana has moved up to a two-month height near the $40 price mark. The Recent Solana Bull Run Caused by Google […]
