Analytical Overview Of The Main Currency Pairs: EUR/USD - Still Bearish?
Article By:
Rick Ristov
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Monday, December 20, 2021 8:02 AM EDT
From a technical point of view, the EUR/USD on the hour time frame is still bearish. The price is trading in a wide corridor. Against the background of a sharp strengthening of the dollar index on Friday, the EUR/USD quotes fell sharply.
GBP/USD Forecast: Poised To Break 1.3400, Awaits UK Jobs Data
Article By:
Rick Ristov
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Tuesday, November 16, 2021 4:36 AM EDT
The GBP/USD price forecast is bearish as Greenback maintains its bullishness while Brexit concerns weigh on the Sterling.
Market Talk - Monday, Nov. 8
Article By:
Rick Ristov
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Tuesday, November 9, 2021 5:42 AM EDT
British businesses reported faster growth in October, helped by fewer curbs on foreign travel, but the Bank of England is likely to be worried about record rises in the costs faced by businesses, which are being passed on to consumers.
In this article: FXE, DIA, FXB, FXY, GLD, OIL, UGA, USO, UUP, NDX, SPX, DAX, UNG, BNO, QQQ, IWM, FXF
EUR/USD Is Making A Bearish Continuation
Article By:
Rick Ristov
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Friday, November 5, 2021 11:49 AM EDT
EUR/USD is bearish. We can clearly see the trend line break and a series of lower lows.
GBP/USD Price Analysis: Weak Under 1.35 After BoE, Eying U.S. NFP
Article By:
Rick Ristov
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Friday, November 5, 2021 6:43 AM EDT
As the bears await the US NFP report, the GBP/USD price falls below 1.3500 after a 200-point decline caused by the Bank of England.
Remembering The Legendary Volkswagen Short Squeeze
Article By:
Rick Ristov
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Thursday, November 4, 2021 11:13 AM EDT
Thirteen years ago this month, the Frankfurt-listed shares of Volkswagen more than quadrupled in two days, briefly making the German automaker the most valuable company in the world.
Rates Spark: Pushing Back
Article By:
Rick Ristov
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Thursday, November 4, 2021 5:02 AM EDT
Technical factors should still prove supportive for EUR rates going into month-end before the ECB meeting is likely to stir things up.
In this article: FXE
Is CAC 40 Index Headed For A Steep Decline?
Article By:
Rick Ristov
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Monday, November 1, 2021 11:44 AM EDT
The French stock market has been very strong this year, with the CAC 40 Index streaking higher into late summer.
Eurozone Sentiment Improves Ahead Of ECB, GDP And Inflation Figures
Article By:
Rick Ristov
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Monday, November 1, 2021 10:04 AM EDT
Mounting inflation pressures and strong employment expectations do add to hawkish pressures for the European Central Bank this afternoon.
German Inflation Still Unstoppable
Article By:
Rick Ristov
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Monday, November 1, 2021 6:44 AM EDT
German inflation continues to accelerate and we're unlikely to see a turnaround until early next year.