The European Central Bank’s (ECB) Governing Council has reportedly agreed that there is no need to overreact to euro gains. To be updated…

The Single currency remains on the positive side after the European Central Bank’s decision to keep interest rates unchanged, which prompted the EUR/USD pair to stay in the 1.1840 area on Thursday. The pair is extending its bullish momentum after touching its weekly lows on Wednesday near 1.1750. The European …

At its monetary policy meeting held on September10th, the Governing Council of the European Central Bank (ECB) decided to leave the interest rates on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility unchanged at 0.00%, 0.25% and -0.50%, respectively, as expected. …

The UK housing market rally intensified in August, a survey said, with prices hitting a four-year high as buyers seek garden properties, and the survey also sent a warning signal that the recovery could lose momentum. The Royal Institute of Chartered Surveyors’ monthly house price index rose to +44 in …

The German Institute for Economic Research said that it expects the country’s economy to decline by 6% this year due to the Coronavirus pandemic, revised by raising its previous estimate of a contraction of 9.4%. “The German economy is doing very well, given the circumstances,” said Klaus Michelsen, an analyst …

The precious metal returned to the positive steps found a strong support floor around our target, which it reached during this week’s trading at 1909 and pushed it to rebound higher. On the technical side, the current moves are witnessing stability above the 1934 resistance at 50.0% Fib retracement with …

The single currency continued its negative movements within the expected downward path, approaching the critical level of 1.1720, and flirting with session low at 1.1749. Technically, today’s trading is witnessing attempts to re-test the previously broken support, which became a resistance level at 1.1855/1.1850, which is also the broken support …

The British Pound was painting a clear negative picture against the US dollar, flirting with the target levels for the current range at 1.2890, reaching its lowest level during the previous trading session at 1.2885. Technically, the pair’s moves are witnessing an attempt to re-test the previously broken support level …

The Dow Jones Industrial Average witnessed mixed trading in New York during the previous session as it attempted to bounce back to the upside again. Technically speaking, despite the inclination towards the upside, we still maintain the bias towards negative trades, considering the price remains stable below 28200/28195 in addition …

US crude oil futures were trading on the positive side after several losses, and we indicated in our latest analysis that the continuation of the decline depends on confirming the break of 36.00 in order for oil to be able to form a strong floor around the aforementioned level. An …