Month: March 2022

CADCHF reversed from support area Likely to rise to resistance level 0.7300 CADCHF continues to rise after the earlier reversal from the support area located between the key support level 0.7200, lower daily Bollinger Band Read more…

GBPCHF reversed from support area Likely to rise to resistance level 1.2280 GBPCHF currency pair recently reversed up from the support area located between the multi-month support level 1.2135 (previous monthly low from October) and Read more…

Spot gold hit $2000 per ounce this morning, for the first time since August 2020, as uncertainty about global economy in light of the consequences of the Russia-Ukraine war and Western sanctions on Russia, as Read more…

Dax index opened with gap-lower on Monday and broke below 13000 marks to hit 1650, the lowest since November 2020, driven by fresh wave of risk aversion. Global markets panicked after the US and Western Read more…

The armed conflict in Ukraine continues to have a destabilizing effect on the markets. With no visible signs of de-escalation over the weekend, markets opened the week with impressive gaps. They continued to move in Read more…

The euro is coming off a nasty week and has continued its downswing on Monday. EUR/USD fell 3% last week and the pair has dropped 0.9% on Monday, to 1.0830. Earlier, the euro dropped to Read more…

The Russia-Ukraine conflict remains the main driver of the risk-off sentiment, with stocks coming sharply down in Europe, while crude oil moves to 2008 levels. Bloomberg reported that the US was looking to ban Russian Read more…

Gold price started a major increase above the $1,950 resistance against the US Dollar. The price broke the $1,980 resistance level to move further into a positive zone. The rally even extended above $1,995 and Read more…