Energies
Monthly Archives: April 2022
14 April 2022 – FX daily insight
Written on April 14, 2022 at 6:30 am, by Designer
MARKET NEWS SUMMARY U.S. Dollar Index (USDX) USDX failed to break above the resistance level of 100.40, which caused the corrective movement towards the support of 99.40. Based on the chart pattern, the US dollar index should have a high possibility to bounce back as long as it is trading above 99.4. On the otherContinue Reading
14 April 2022 – Daily FX Update
Written on April 14, 2022 at 6:10 am, by Designer
Market overview U.S. Dollar weakening amid the inflation data EU ban on Russian oil might not occur Gold rallies above $1,970 Crude oil holds despite the supply data FOREX U.S. dollar index (USDX) The U.S. dollar weakened in early trades Thursday, retreating from a two-year high as the rally in U.S. bond yields paused forContinue Reading
13 April 2022 – Daily FX Update
Written on April 13, 2022 at 7:40 am, by Designer
Market overview U.S. inflation is at the highest since 1981 The U.K. CPI is at 30 years peak Russian-Ukrainian peace talks reached a dead end FOREX US Dollar Index (USDX) The U.S. dollar edged higher in early trades after the release of the inflation data. Meanwhile, the Dollar Index traded 0.2% higher at 100.48. TheContinue Reading
13 April 2022 – FX daily insight
Written on April 13, 2022 at 7:00 am, by Designer
MARKET NEWS SUMMARY Euro (EURUSD) The Euro was dragged down by the heavy selling pressure amid the U.S. inflation data. EURUSD remains red for the ninth consecutive day and is expected to trade lower until the end of this week. However, EURUSD is trading above the light support level of 1.0820 mentioned yesterday, while theContinue Reading
12 April 2022 – FX Daily insight
Written on April 12, 2022 at 5:00 am, by Designer
MARKET NEWS SUMMARY Euro (EURUSD) In the daily time frame, the Euro is trading around the level of the previous hammer candle closed on Friday near 1.0880. Meanwhile, in the hourly chart, the pair is trading green for the last three trading hours, closing to the 20 candles moving average near 1.0886 at the timeContinue Reading
12 April 2022 – Daily FX Update
Written on April 12, 2022 at 5:00 am, by Designer
Market overview The U.S. inflation data this week The U.K. unemployment is lower than before Gold remains the safe haven OPEC: Russian oil supply is unreplaceable FOREX U.S. dollar Index The U.S. dollar surged higher in early the trades today, supported by high U.S. bond yields and the anticipated inflation data. The upcoming release mostContinue Reading
11 April, 2022 – Daily FX Insight
Written on April 11, 2022 at 8:59 am, by Designer
MARKET NEWS SUMMARY Euro (EURUSD) The long-term trend for EURUSD looks bearish. On the 1-hour time frame, the price seems to be making a series of lower lows, indicating a further decline. Price is currently trading below the 20 period MA at the level of 1.0895. The RSI and MACD both show that the priceContinue Reading
11 April, 2022 – Daily FX Fundamental Update
Written on April 11, 2022 at 8:55 am, by Designer
Market overview French elections affect the Eurozone China’s COVID-19 worries the market Fresh inflation data coming this week U.S. Dollar strengthening FOREX U.S. Dollar Index (USDX) The U.S. dollar edged higher in early European trades on Monday, helped by the continued strength of the U.S. bond yields. The U.S. Dollar Index traded 0.2% higher atContinue Reading
April 8th – DAILY FX INSIGHTS
Written on April 8, 2022 at 6:38 pm, by Designer
MARKET NEWS SUMMARY Sterling Pound (GBPUSD) From the daily time frame, the overall trend for the Cable is bearish. However, from the hourly time frame, GBPUSD seems to be moving horizontally after an initial break to the downside. The RSI and MACD are within the centre-line which shows that price is likely to keep movingContinue Reading
