Category «Uncategorized»

The dollar forms a strong bearish signal

The dollar index Bloomberg broke its September-December upward trend, as the weighty index elements – EUR and JPY – climbed higher at night, pulling the index below its key support; the close with a break on Thursday will confirm the formation of the peak near the 200-day moving average and will focus on the November …

Cloud mining is at your home

Every day, and this – without exaggeration, the popularity of crypto currency is growing. Together with it, their value also increases, which, as is known, has already reached unprecedented heights. Everyone who is at least familiar with them, dreams of becoming their happy and, of course, a rich owner. But, not everyone can buy such …

Favorites and outsiders of the foreign exchange market

While the foreign exchange market is stagnant, individual instances still manage to please the speculators. According to the results of the trading week, the best results relative to the US dollar showed: South African rand (+ 3.86%). Cyril Ramafosa, vice president of South Africa, won the election of the head of the African National Congress …

Commerzbank’s technical view on euro / yen

Karen Jones, head of technical analysis at Commerzbank, details the possible bull and bearish scenarios in EUR / JPY. “EUR / JPY is limited in growth – it can be a top or continuation pattern. We note that intraday signals have become more negative. He again bounced off the support line at 132.17, but it …

TD advises to sell the US dollar

Forex has responded to weak wage growth, and not to the employment rate, most likely, given that the dollar declined after the employment report, said Mark McCormick, head of the TD office for North America. “Given the renewed attention of the Fed to inflation, weak data on wages, most likely, provoked a depreciation of the …