The EUR/USD rose for the first time in six days as investors waited for the important US inflation data and European Central Bank (ECB) decision set for Thursday. Euro bounces back The EUR/USD price has been on a steep downward trend in the past few weeks as investors focus on the $1.9 trillion stimulus package and its impact on the American economy. The pair has dropped … [Read more...] about EUR/USD Forms Massive Head and Shoulders Pattern ahead of ECB
Euro Master Review
Euro Master is a 100% automated Forex EA launched on 6th November 2020, that trades in the EUR/USD with the help of Artificial Intelligence (AI) technology. As per vendor claims, it is capable of adapting to market conditions and analyzing the market thoroughly for finding the best entry points. Apparently, this system is suited to all broker conditions and does not require … [Read more...] about Euro Master Review
Earning Profits by Trading the GBP/AUD: The Fundamentals
Seasoned traders, as well as newcomers, prefer to trade in the GBP/AUD since it is a highly volatile and liquid currency pair. But in order to be successful, you need to follow the latest news updates, monitor the real-time chart situations, and keep an eye on the exchange rate. Since the market is highly unpredictable, you may end up losing all your money if you don’t know the … [Read more...] about Earning Profits by Trading the GBP/AUD: The Fundamentals
USD/NOK: Bearish Breakout Likely as Bets of High Norwegian Rates Rise
The USD/NOK is hovering near the lowest level since November 2018 as investors reflect on the Norwegian economy resurgence and higher oil prices. It is trading at 8.4700, which is a few pips above the year-to-date low of 8.3200. Norway’s economic rebound After struggling in the first and second quarters of last year, the Norwegian economy has been bouncing back. The … [Read more...] about USD/NOK: Bearish Breakout Likely as Bets of High Norwegian Rates Rise
American Consumer Sentiment Climbs to One-Year High
American consumer sentiment reached a one-year high in early March on the back of optimism on the world's biggest economy, according to Bloomberg. The preliminary sentiment of University of Michigan improved to 83 versus 76.8 the previous month. This is the highest since February 2020. Analysts predicted 78.5.The barometer of current economic conditions jumped to a … [Read more...] about American Consumer Sentiment Climbs to One-Year High
