The Euro looks ahead to important EU economic data releases while facing several headwinds, while EUR/USD tests 2017 lows. Weekly price broke 200 SMA for the bearish reversal: the price is located far below 200 SMA in the primary bearish area of the chart and trying to break 1.0471 support level on close weekly bar for the bearish trend to be continuing. But the weekly price is on oversold market condition according to UniRSI indicator, ...
It's official: 2022 is the year of the sequel. Movie theaters have been dominated by franchise films for years, but the pandemic has crunched the past couple of years worth of blockbusters into one bonanza year at the box office (apart from the ones that are delayed until 2023). 2022 release dates: Along for the Ride (May 6, 2022)Doctor Strange in the Multiverse of Madness (May 6, 2022)Shin Ultraman (May 13, 2022) ...
Gold fell last week as traders moved out of risk assets, boosting the US Dollar to its strongest level since December 2002. The yellow metal faces a tough path if Greenback strength persists. Daily price broke Ichimoku cloud to below for the primary bearish reversal: the price is crossing 1,821 support level to below for the bearish trend to be continuing with 1,799 target to re-enter. more...
The Australian Dollar fell, extending losses this past week. Will a jobs report revive some strength for AUD/USD? Technical and sentiment analysis seems to hint otherwise. Daily price is located far below Ichimoku cloud in the bearish area of the chart. The price is on secondary ranging within 0.6828/0.6967 support/resistance levels waiting for the direction of the strong bearish trend to be resumed or the secondary bear market rally to ...
Cable continues to be plagued with the ‘stagflation’ tag as risk to growth restrict lofty rate hike plans. The NI protocol issue returns following the EU’ new proposal. Weekly price is on bearish breakdown located in the bearish area of the chart. The price is trying to break the bearish triangle pattern with 1.2275 support level to below for the primary bearish trend to be continuing. more...
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