Forex News Category

August 5, 2020
Technical Overview of Nasdaq100

????????? ???????? ?? ?????? ???   A more critical look at NASDAQ 100 futures shows that while another record high was set, the file stays inside a limited scope of an obstruction somewhere in the range of 10964 and 11058. These were highs set a month ago. Negative RSI difference shows blurring upside energy which

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July 15, 2020
Dollar Pullbacks Positive over U.S. Data

Dollar Pullbacks Positive over U.S. Data!   On Wednesday morning the dollar was down in Asia and will continue to retreat the session from the safe side according to the data released on Tuesday US inflation. The US consumer price index has posted a 0.6% increase data month by month that was seems higher in

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July 13, 2020
Dollar Goes Down Over the Next Week of Earning

Dollar Goes Down Over the Next Week of Earning The Dollar was seemed down on Monday morning in Asia it will continuously go to the bullish trend over the upcoming week of the economic data as the increasing number of COVID-19 patients. It will be reported over the 15,000 new cases in 24 hours on

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July 8, 2020
Technical Overview of GBP/USD -8/7/2020

The GBP/USD will take the bid and go near the 1.2490 up to the 0.05% during this Monday on Asian Session. The Cable pair will extend the bounce off on this Friday with the bounce off 200 bar SMA. It will reach the head and shoulder pattern formation according to the 4 hour chart. The

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July 8, 2020
USD/JPY: US Dollar Consolidated and Decline Below 107.50s

The USD/JPY pair will be currently traded at 107.35 within the range of the tight pips. Moreover, overnight the pair will be choppy between the 107.26 to 107.77 range. It will slightly go lower in spite of the US ISM non manufacturing. The USD/JPY will fall against the G10 currencies during the 2 year and

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