EURUSD – bullish engulfing on the Daily chart – 16.08.21

The EURUSD pair has been moving in an uptrend since March 2020 until the end of the year, setting a 30-month high of 1.2350...

Ahead of today’s U.S. CPI data release, stock markets in Europe may open positive

The Stoxx600 and FTSE250 once again hit new record highs yesterday, with the FTSE100 index closing at its highest level in a month, as...

Yesterday CPI, today PPI – what it means and what effect it can have...

Yesterday (13.07) we had CPI (consumer price index), today PPI. After yesterday's strong reading of US CPI inflation data, attention will once again turn...

Important day for EUR and USD – ECB rate decision and CPI in USA

A quick glance at the economic calendar reveals that the forex market may be waking up a recently dormant market. Volatility fell to levels...

EUR/USD with final target at 2018 highs, says Credit Suisse

The declines since the beginning of the year on EUR/USD are just a correction, according to Credit Suisse. A key resistance level in the region...

EURUSD with a bullish engulfing on daily chart – 08.02.2021

The EURUSD currency pair after establishing a minimum at the level of 1.0630 in March last year moved in an upward trend to reach...

EURUSD – on a strong support 1.20 – what now? – 04.02.21

The EURUSD pair at the beginning of January reached the level of 1.2350, establishing almost a 3-year maximum. From this level, the price steadily...

Will there be a bullish correction on USD? – 11.01.2021

At the end of last week, after the Democrats gained an advantage in the US Senate, the US dollar gained to most currencies. Could...

EURUSD close to confluence of supports – 10.12.2020

The EURUSD pair, after a period of strong increases ending with a maximum of 1.2176 this year, has started a downward correction between the...

EURUSD – is the bullish engulfing a signal for correction? – – 23.09.2020

The first two days of the current week for the EURUSD pair have been falling, the exchange rate has dropped by nearly 150p. Today...

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