Technical Analysis

Daily Technical analysis for March 2, 2021

The euro is moving against the US dollar in a downward direction on the hourly interval. The pair broke the classic bullish channel, and it may target 1.1980 pr

Daily Technical analysis for February 25, 2021

The euro is moving against the US dollar in an upward direction on the hourly interval. We should await the breach of the 1.2180 level to buy again.

Daily Technical analysis for February 24, 2021

The euro is moving against the US dollar in an upward direction on the hourly interval. We should await the breach of the 1.2180 level to buy again.

Fundamental Analysis

Crude oil prices rise as US production slows

US crude oil prices rose during trading today, Monday, in light of the slow return to production levels in the United States after the halts due to the freezing

Euro drops after weak European manufacturing data

The levels of the euro declined during Monday trading, with the beginning of February, in light of the weak economic data issued by the euro zone, along with a

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

Forex News

Strong exports, construction sector boost German

Data released today from the German economy showed improved levels of growth during the fourth quarter, better than expected, in light of strong exports and con

US Treasury yield rises as inflation expectations soar

The yield on US Treasury bonds witnessed a noticeable rise in light of expectations of an acceleration of the economic recovery, thanks to the stimulus package

American employers add fewer than forecast jobs

The United States released the government jobs report for the month of January for the non-farm payrolls, where the data witnessed a fewer than forecast job cre