Technical Analysis

Daily Technical analysis for January 22, 2021

The Euro is moving against the US dollar in a downward direction on the hourly interval. We await the breach of the 1.2140 price level to buy.

Daily Technical analysis for January 21, 2021

The Euro is moving against the US dollar in a downward direction on the hourly interval. We await the breach of the 1.2140 price level to buy.

Daily Technical analysis for January 20, 2021

The Euro is moving against the US dollar in a downward direction on the hourly interval. The pair breached the falling trend line, and we are waiting for a rete

Fundamental Analysis

Pound drops on restrictions, dull UK economic data

The British pound dropped for the first time in four days versus the U.S. dollar on Friday, amid possibility that corona restrictions in the U.K. may last unit

Euro rises ahead of ECB meeting

The euro managed to rise during trading Thursday’s trading session, ahead of the European Central Bank meeting, in light of the decline in the levels of the US

Dollar hits four-week high ahead of Yellen hearing

The U.S. dollar index rose for a second straight session on Monday, resuming its rebound from its lowest level since April 2018 hit two weeks ago, after a repor

Forex News

Inflation in Britain begins to rise on Brexit, corona

Inflation rates in Britain accelerated during the month of December to start a series of rises during this year, according to expectations. This comes in light

US retail sales tumble 0.7% in December

U.S. retail sales for November witnessed an unexpected decline in December, in light of lower consumer spending rates due to the negative effect of the second w

US jobless claims rise to five-month high

Initial claims for unemployment benefits rose in the United States last week to its highest level in five months, in light of the continuation of closure measur