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Technical analysis 09.11.2018

EURUSD

The pair is in downtrend due to stronger position of the USD rate following the Fed meeting which indicated the regulator’s firm intent to continue raising interest rates. The pair may still recover thanks to partial profit taking, but it’s more likely to continue falling, considering that the Fed …

Oil Analysis 08.11.2018

Crude oil futures fluctuated in a narrow range during the Asian session, showing mixed performance, offsetting the rise in the US dollar index, adding to its second-lowest session since October 22 according to the inverse relationship between them following developments and economic data followed Thursday. On the Chinese economy, the …

GBPUSD Technical Analysis 08.11.2018

The British pound rose during the US session to its highest since October 17 against the US dollar following developments and economic data that followed Wednesday on the British Royal Economy. Following the disclosure of the results of the midterm elections of the US Congress and on the eve of …

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