Monthly Archives: April 2022
April 6th – Daily FX Fundamental Update
Written on April 6, 2022 at 2:05 am, by Designer
Market overview In today’s market update: The greenback hits its highest in two years. The euro was at its lowest in nearly a month. Sterling was at its lowest since November 2020. Gold futures traded lower to $1,923. FOREX USDX The greenback edged up to its highest in two years after jumping overnight on hawkishContinue Reading
April 5th – Daily Market Insight
Written on April 5, 2022 at 8:54 am, by Designer
Market News Summary EURGBP From the daily time frame, the overall trend for price in EURGBP looks bullish. Price currently reacting to a level of 0.8360 which is in confluence with the upward trend-line before a possible move to the bullish direction. Price is also in divergence with the RSI and MACD indicators. PIVOT POINT:Continue Reading
April 5th – Daily FX Fundamental Update
Written on April 5, 2022 at 2:00 am, by wwwstartraddev
Market overview The U.S. proposes new sanctions on Russia The EU suffers from higher price pressure Gold is losing for Fed rates bets FOREX the Dollar Index traded marginally lower at 98.955, just below the one-week high of 99.083. The dollar has been drifting this week so far as investors await the arrival of theContinue Reading
April 4th – Daily FX Fundamental Update
Written on April 4, 2022 at 9:28 am, by Designer
Market overview In today’s market update: U.S. employment gives hope, and oil inventories drop. Gold is heading down towards $1,900. Better than expected NFP U.S. Unemployment rate is lowest in 2 years FOREX EURUSD The dollar started the week in a solid run as treasury yields rose with expectations of accelerated Fed rate hikes. Meanwhile,Continue Reading
April 4th – Daily Market Insight
Written on April 4, 2022 at 8:39 am, by Designer
Market news summary US INDEX From the higher time frame, the overall trend for US INDEX is bullish. Down to the hourly time frame price seems to be in a range after an initial impulsive move in the bullish direction as the 200 EMA is moving in between prices. Price is currently retesting a minorContinue Reading