FX Industry
MKRUSD Price May Reverse at Support Level of $501
MKRUSD Price Analysis – October 28 Further increase in the bulls’ momentum will make the price to break above the resistance level of $601, above it are $679 and $743...
Read moreGold (XAUUSD) Breaks down Key Support Levels of $1,787, Further Price Reduction Envisaged
Gold Weekly Price Analysis – November 28 The ability to break down the support level of $1,787 will drive the precious metal to the June low at $1,683. Failure to...
Read moreQuick Decisions Over Digital Euro Demanded By German Finance Minister
Olaf Scholz stands as the Finance Minister of Germany, and has recently expressed his views when it comes to the EU making a potential central bank digital currency. He did...
Read moreEmirates Airline Remains Unsure On Boeing 777X Delivery Schedules
Middle-Eastern giant airline Emirates is renowned for operating the biggest Airbus A380 fleet in the world. On top of it, it has two variants of the Boeing 777, including the...
Read moreGold (XAU/USD) Crashed Below $1,800 Amid Optimism For Economic Rebound
Gold is set for the biggest weekly plunge since mid-March. On November 27, 2020, gold lost 2%. The precious metal broke below the critical $1,800 support level to a near...
Read moreOil Prices Mixed But Enroute For Weekly Gain As OPEC+ Meeting Approaches
The OPEC+ ministers are scheduled to meet on November 30, and rumors state that they are leaning towards delaying 2021’s planned increase in oil output. Today, oil prices were mixed,...
Read moreEURJPY Price: Double Top Chart Pattern Formed, Price May Fall to $121 Level
EURJPY Price Analysis – November 27 The breakdown of the two dynamic support levels may send the price to the previous low at $122 level. Further increase in the sellers’...
Read moreGBPUSD Price: Resistance Level at $1.32 Is Penetrated Upside, Further Increase Envisaged
GBPUSD Price Analysis – November 27 GBPUSD is currently exposed to the resistance level of $1.34, and the level may be tested. Further increase in the bulls’ momentum may penetrate...
Read moreFurther Price Decrease Envisaged in USDJPY Market
USDJPY Price Analysis – November 27 Should the sellers maintain their momentum, the support level of $103.2 will be reached and it may be penetrated downside and decline to $102.1...
Read morePayPoint Sees 19% Fall in Half-Yearly Profits
U.K.-based retail payments platform PayPoint published its half-yearly financial results, which shows a decrease in profit across all its major metrics. It shows the profit dropped by 19%, which means...
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