Daily Briefing- US futures lower ahead of consumer confidence data
Daily Briefing Currencies EUR/USD: The pair is trading above its uptrend line on a 30 minute time frame. The next resistance is at 1.1288 and the support is at 1.0963.…
Daily Briefing- US futures soft ahead of data
Daily Briefing Currencies EUR/USD: The pair is trading near the support zone (1.0732-1.0711) on a 30 minute time frame. The next resistance is at 1.108 and the support is at 1.071. USD/JPY: The…
GBPUSD- MACD confirming downward momentum slowing
The GBP/USD is trading in a minor support zone on a 60 minute time frame. The pair has briefly broken its downward trend line but it is trading once again…
EUR/USD- MACD and RSI showing divergence
The EUR/USD pair is trading below its downward trend line on a 30 minute time frame. This confirms that the trend is towards the downside. Moreover, the price is also…
European markets closing the week on higher note
European markets are trading higher this morning and set to end the week on a higher note on the back of mega mergers and sufficient liquidity in the market. This…