19 December, 2018
Euro gains ground versus US dollar today. The EUR/USD pair added 0.40% to trade at 1.1410 level. Overall this week, the single currency gained 1% versus the USD, as the greenback eased awaiting Fed’s statement on monetary policy...
Growth of the UK consumer prices slowed in November, hitting its lowest level in 21-months. Office for National Statistics (ONS) reported, that annual rate of the UK consumer price index (CPI) rose 2.3% last month, after a 2.4% increase in October...
It seems that the United States and China are moving forward in negotiations about trade. Both sides held several rounds of negotiations in recent weeks...
Trading is neutral, as consolidation from 141.17 extends. The forecast will remain cautiously bearish as long as support turned resistance 144.02 keeps...
Stance of trading is neutral, as the cross is limited in a range of 127.61/129.25. Hitting of 127.61 will resume the fall from 130.14 and aline support 126.63...
Trading tone is neutral for consolidation below 0.9086. Still, further growth is expected as long as resistance turned support. 0.8931 keeps...
Trading is on the upside for resistance 1.1356, as the bounce from short term bottom 1.1224 resumes after reaching minor resistance 1.1301. Pivot points are at: (S1) 1.1260; (P) 1.1279; (R1) 1.1301...
Trading is neutral for consolidation from temporary top 1.5887. Trading above 1.5887 will aline support turned resistance 1.5984...
Trading tone is neutral for consolidation above temporary low 0.7151. Deeper decline is expected to retest low 0.7020...
Trading is on the upside, as bounce resumed after hitting resistance 1.3444 and reached high 1.3496...
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