Overview: Recently, EUR/NZD has been moving downward. The price tested the level of 1.6681. In the daily time frame, we can observe a strong supply bar. Also, the price is moving below our SMA10 and SMA50. The price performed a fake breakout of a downward channel. Selling EUR/NZD at this stage is preferable. I am […]
Overview: Recently, EUR/NZD has been moving downward. The price tested the level of 1.6681. In the daily time frame, we can observe a strong supply bar. Also, the price is moving below our SMA10 and SMA50. The price performed a fake breakout of a downward channel. Selling EUR/NZD at this stage is preferable. I am […]
Overview: Recently, EUR/NZD has been moving downward. The price tested the level of 1.6681. In the daily time frame, we can observe a strong supply bar. Also, the price is moving below our SMA10 and SMA50. The price performed a fake breakout of a downward channel. Selling EUR/NZD at this stage is preferable. I am […]
Overview: Recently, EUR/NZD has been moving downward. The price tested the level of 1.6681. In the daily time frame, we can observe a strong supply bar. Also, the price is moving below our SMA10 and SMA50. The price performed a fake breakout of a downward channel. Selling EUR/NZD at this stage is preferable. I am […]
The market was pushed lower after breaking below the major demand levels around 1.2100 and 1.2000 where historical bottoms were previously established back in July 2012 and June 2010. The EUR/USD pair lost almost 1600 pips since the beginning of 2015. Moreover, EUR/USD bears have already pushed the market slightly below the monthly demand level […]
The market was pushed lower after breaking below the major demand levels around 1.2100 and 1.2000 where historical bottoms were previously established back in July 2012 and June 2010. The EUR/USD pair lost almost 1600 pips since the beginning of 2015. Moreover, EUR/USD bears have already pushed the market slightly below the monthly demand level […]
The market was pushed lower after breaking below the major demand levels around 1.2100 and 1.2000 where historical bottoms were previously established back in July 2012 and June 2010. The EUR/USD pair lost almost 1600 pips since the beginning of 2015. Moreover, EUR/USD bears have already pushed the market slightly below the monthly demand level […]
The market was pushed lower after breaking below the major demand levels around 1.2100 and 1.2000 where historical bottoms were previously established back in July 2012 and June 2010. The EUR/USD pair lost almost 1600 pips since the beginning of 2015. Moreover, EUR/USD bears have already pushed the market slightly below the monthly demand level […]
The market was pushed lower after breaking below the major demand levels around 1.2100 and 1.2000 where historical bottoms were previously established back in July 2012 and June 2010. The EUR/USD pair lost almost 1600 pips since the beginning of 2015. Moreover, EUR/USD bears have already pushed the market slightly below the monthly demand level […]
The market was pushed lower after breaking below the major demand levels around 1.2100 and 1.2000 where historical bottoms were previously established back in July 2012 and June 2010. The EUR/USD pair lost almost 1600 pips since the beginning of 2015. Moreover, EUR/USD bears have already pushed the market slightly below the monthly demand level […]
The market was pushed lower after breaking below the major demand levels around 1.2100 and 1.2000 where historical bottoms were previously established back in July 2012 and June 2010. The EUR/USD pair lost almost 1600 pips since the beginning of 2015. Moreover, EUR/USD bears have already pushed the market slightly below the monthly demand level […]
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Asian markets remained steady in Monday trading, with dollar holding onto gains after being boosted on Friday following strong US jobs numbers, adding optimism over recovery in the world’s largest economy. USDJPY opened in Asia at 95.96, hitting highs of 96.24 yen, where the pair hovered at close to Friday’s 3-1/2 year high. The dollar […]
The euro rose to a session high of $1.3074 after satisfactory numbers from the Purchasing Managers’ Index (PMI). Germany showed the best improvement, with its services PMI remaining in expansion territory at 54.7, up from a previous 54.1 points and beating expectations. Germany accounts for about 30 percent of euro zone output so the data […]
We are glad to announce the successful completion of the XEMarkets F1 FX Demo Contest exclusively designed for our Malaysian clients. A large number of Malaysian traders and investors who registered for the F1 FX Demo Contest running between 15th February and 1st March 2013 grabbed the opportunity to test their trading skills and go […]
Presidential elections were held in Cyprus this Sunday with Conservative leader Nicos Anastasiades winning a majority of votes in the second round. The first round a week ago led to a run-off due to a lack of clear majority for any candidate. 66-year old Anastasiades who has been the leader of the Democratic Rally party […]
Saudi Aramco has said completion of the Moneefa giant oilfield has been delayed by at least two years, Reuters has reported. The state-controlled firm has been developing its 900,000 barrels per day (bpd) heavy crude Moneefa project since 2006 with an anticipated completion date of 2013. Aramco had previously said Moneefa would compensate for declining […]
Iraq’s oil ministry has said that oil exports through the Turkish port of Ceyhan have resumed yesterday through Kirkuk, after a five-day interruption because of sabotage to a pipeline in northern Iraq, Aswat al-Iraq news agency has reported. ‘The Ministry is pumping 640,000 barrels of oil per day to compensate for the shortage caused by […]
Abdulla Al Nuaimi, director of privatization at Abu Dhabi Water and Electricity Authority (Adwea) has said the authority will launch the tender for a giant power and desalination project aimed at helping meet soaring domestic electricity and water demand in Q1 2010, Dow Jones News has reported. The new complex, to be built and run […]
Hamud Al-Zadjali, Governor of Oman’s central bank, has said that oil prices have risen to ‘a good level’ that will help the Sultanate implement its development plans, Reuters has reported. Oman is boosting oil production at a time when OPEC members, which supply about 40% of the world’s crude oil, have reined in output. Related […]
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Qatar Kentz has won a multi-million dollar turnkey engineering, procurement and construction with Laffan Refinery in Qatar. The contract is for a receiving and loading facility, which will be built at the Ras Laffan Industrial City. The project includes developing a new automated gantry facility to load diesel products into up to eight road tankers […]
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