Forex News

Market To Consolidate, Go Long Only If Market Closes Above 14966 For Nifty and 36290 For BankNifty
Last Trading Session: Indian Stock Market opened positive as predicted by EquityPandit. EquityPandit predicted that Nifty and Sensex formed B…

Oil steady ahead of OPEC+ meeting

Crude prices are steadying ahead of Thursday’s pivotal OPEC+ meeting.  Crude demand has clearly been improving as global stockpiles have steadily come down.  The energy market is bracing for more supply t…

FX

The Norwegian krone rallied against its major trading partners following the resilience with crude prices.  Recent weakness for the krone stemmed from the sharp increase in coronavirus infections for the Nordic country.  Oslo already a…

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Article By RoboForex.com

XAUUSD, “Gold vs US Dollar”

As we can see in the H4 chart, the descending impulse continues. After forming several reversal patterns, such as Hammer, close to the horizontal support level, XAUUSD is reversing and …

Article By RoboForex.com

EURUSD, “Euro vs US Dollar”

EURUSD continues the correction. Possibly, today the pair may reach 1.2010 and then form a new consolidation range near the current lows. Later, the market may break the range to the up…

by JustForex

The EUR/USD currency pair
Technical indicators of the currency pair:

Prev Open: 1.2071
Prev Close: 1.2048
% chg. over the last day: -0.19%

Trading on Monday was calmer than on Friday. The euro showed a gradual decline again…

After a stellar session on Monday that saw the S&P enjoy its strongest day of gains in nine months, Europe opened on the defensive. Warnings over asset bubbles from Chinese officials, fresh concerns over Covid numbers and dismal German…

Oil looks to OPEC

After an almost 3% sell-off in the previous session, the oil bears remain firmly in control as attention turns squarely to the OPEC+ meeting on Thursday. Expectations are growing that the group will ease current output c…