In general, previous trading session the currency rate spent moving downwards, as expected. Apart from rebound from the two month maximum at 1.3550, the drop was driven by anxiety over affirming vote on tax bill as well as new...
The massive plunge which was caused by the Canadian GDP and employment data releases mid-Friday was followed by a subsequent movement downwards. The Greenback dashed through the monthly S1 at 1.2739 and fell down to the November low at...
The pair remains strong in a bullish bias held since November 28th session and according to our projections, EUR/NZD is expected to find buyers at the current stage. That’s a likely scenario, taking in consideration that our Fibonacci levels...
Formation of a minor pennant pattern, indeed, pushed the further downwards. However, the bottom edge of a junior ascending channel was expected to withhold the pressure. The fact that the buck continued to appreciate against the gold in based...
In accordance with expectations, in first half of previous trading session the cable made a minor pull back to 1.3440 and then resumed the surge. An existence of two barriers located at the 1.3500 and 1.3530 levels was confirmed,...
During the previous trading session, the Australian Dollar was fluctuating between the 200-hour SMA and the monthly S1 in the 0.7592/0.7558 territory. As previously expected, the strong resistance of the 200– and 55-hour SMAs and the weekly PP reversed...
As it was forecasted yesterday, the resumption of surge towards the 1.1910 level was halted in resistance zone that contained both the weekly PP with the 55-hour SMA as well as the 61.8% Fibonacci retracement level and the 100-hour...
As it was warned yesterday, publication of encouraging news from the United States one after another led to notable appreciation of the buck whose surge was stopped only is support zone located around the weekly S1 at 1.3231. Since...
In line with forecasts, an improvement in consumers’ sentiment dragged the pair to the weekly PP at 1.1864, while the subsequent news that two hesitating senators agreed to join other Republicans to support tax reform pushed the pair even...
<div class="MN_div"> <div class="MN_content"> <img class=" wp-image-2025 aligncenter" src="https://mlwk09qqpzc1.i.optimole.com/w:auto/h:auto/q:mauto/ig:avif/https://rangeforex.com/wp-content/uploads/2017/10/Screen-Shot-2017-10-17-at-1.55.00-PM.png" alt="" width="846" height="591" />In result of the previous trading session the price of gold decreased by more than 0.86% amid the better than expected New York Manufacturing Index release and...
