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Gold analysis

Gold continues its bearish movement, as it managed to break several levels of support, before settling at the support level 1735.00, and then rebounding to the level of 1746.00, affected by the positive sign of the stochastic indicator, which is moving within the oversold area.

We continue to suggest the …

Euro plummets to a two-decade low

News for today, Wednesday, July 6

European stock futures are up today after yesterday’s slump. DAX futures traded 1.1% higher, CAC 40 futures were up 1.2%, and FTSE 100 futures rose 1%.

The U.S. dollar slid today with the DXY index down 0.1%, while EUR/USD achieved its two-decade weakest level …

EUR/USD currency pair analysis

The EUR/USD pair declined and managed to break the support level at 1.0330, and reached the next target at the value of 1.0250, which is a historical bottom for the price, and it is settling around this level. Affected by the negativity of the stochastic indicator and the negative pressure …

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