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The most traded currency pair in the market starts a new week of May with a decline. EUR/USD is now retreating to 1.0860.The US dollar has risen noticeably because of increased demand for safe-haven...
The EUR/USD had a bear breakout with follow-through below the moving average (blue line) and is probably Always In Short. However, it is important to realize that the market is Always In Short, in...
Eurostat today reported that eurozone industrial production fell by 4.1% in March, the most significant drop since July last year. Compared with the same month of the previous year, output fell by...
Bitcoin is bearish since the price reached new all-time highs but only with three waves, so ideally, that was big wave B as part of a big flat or a triangle formation, with more weakness in view soon...
The Omicron variant continues to rage through Europe and the U.S., but the markets are in a positive mood. Why? There is a feeling that Omicron is much milder than Delta, which means that a wave of...
The energy sector has recovered this year, driven by the reopening of economies and the subsequent rebound in oil demand. Despite the pullback in oil prices and energy stocks in recent weeks, energy...
When we look at Tesla's (NASDAQ:TSLA) chart, we can see that the company's downward trend continued since its all-time high in late November.There was an attempt to climb higher earlier this week, but...
It’s December 2021, and the Turkish lira is near an all-time low against the US dollar as President Recep Erdogan continues to implement what the Wall Street Journal calls “unconventional...
U.S. GDP grew at a 4.6% clip in current dollar terms during the first quarter, according to U.S. Government officials at the Bureau of Economic Analysis.On the surface, the data makes...
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