Technical Analysis

Daily Technical analysis for January 28, 2020

The EURUSD is still moving in a downside direction on the hourly interval, as shown in the following image. It is likely that it will find support at the price

Daily Technical analysis for January 27, 2020

The EURUSD is still moving in a downside direction on the hourly interval, as shown in the following image. It is likely that it will find support at the price

Daily Technical analysis for January 24, 2020

The EURUSD is still moving in a downside direction on the hourly interval after breaking the head and shoulders pattern and breaking the level of 1.1088, as we

Fundamental Analysis

Asian shares slump amid rising concerns of Coronavirus

Asian shares fell during Thursday’s trading, as there was no sound above the Corona virus and the concern it raises in global markets about the impact of the vi

Asian shares slumps amid rising concerns of Coronavirus

Asian shares fell during Thursday’s trading, as there was no sound above the Corona virus and the concern it raises in global markets about the impact of the vi

Gold hits two-week high amid rising Coronavirus concerns

Gold rose during Monday’s trading to reach a high of more than two weeks, amid fears that the coronavirus would harm the global economy, which has turned invest

Forex News

Germany business confidence unexpectedly drops

Business confidence in Germany showed an unexpected drop in January, raising some concerns about growth in Europe’s biggest economy.

Euro area private sector growth stabilizes in January

Business activity in the euro area private sector slowed stability in January, as the improvement in the manufacturing was offset by the slowdown in the service

Chinese yuan drops to one-week low after virus outbreak

Both Chinese onshore and offshore yuan dropped from six-month peak versus the U.S. dollar on Tuesday as the outbreak of a pneumonia-like virus in China boosted