The EUR/USD pair rebounded from the resistance level 1.0575, and reached the first target 1.0475, which constitutes a strong support level for the price.
Technical indicators support the bullish scenario, where the 20-50 moving averages form a strong support for the price and press it to end the bearish movement. …
News of the day, Wednesday, May 18
Iran: sanctions over Russian crude export opened the market for Iranian oil.
Goldman Sachs has lowered the Chinese 2022 GDP prognosis from 4.5% to 4%.
Finland’s Rehn suggests ECB will increase the interest rate in the summer.
Billy Markus, a Dogecoin co-founder: 95% …
Gold failed to breach the resistance 1827.20, then returned to complete the descending path within the descending channel shown in the chart. And it reached the support level 1810.90 and is trying to breach it, and the target will be the level of 1780.00.
The moving averages formed resistance levels …
Don't have your language?
