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EUR/USD Forex Signal: Divergence Ahead of Georgia Election

Bullish ideas Buy the EUR/USD hoping the bullish trend will continue. Put a take profit at the psychological level of 1.2300. Add a stop loss at 1.2200 Bearish ideas Short the EUR/USD hoping for a pullback. Put a take profit at 1.2200. Add a stop loss at 1.2300. The EUR/USD pair is holding steady ne

GBP/USD Forex Signal: Bullish Rebound from 1.3551

Today’s GBP/USD Signals Risk 0.75%. Trades may only be entered before 5pm London time today. Short Trade Ideas Short entry following a bearish price action reversal on the H1 time frame immediately upon the next touch of 1.3647 or 1.3759. Put the stop loss 1 pip above the local swing high. Adjust th

EMERGING MARKETS-Taiwan dollar jumps nearly 2%, South Korea won eases

Jan 5 (Reuters) - The following table shows rates for Asian currencies against the dollar at 0207 GMT. CURRENCIES VS U.S. DOLLAR Currency Latest bid Previous day Pct Move Japan yen 103.120 103.1 -0.02 Sing dlr 1.319 1.3204 +0.09 Taiwan dlr 27.987 28.483 +1.77 Korean won 1086.100 1082.1 -0.37 Baht 29

Singapura: Produksi Industri Terlihat Sehat – UOB

Ekonom Senior UOB Group Alvin Liew memberikan pendapatnya terhadap rilis data terbaru di Singapura. Kutipan Utama “Produksi industri (PI) Singapura mengalahkan ekspektasi pasar dengan rebound solid 17,9% y/y (+7,2% m/m sa) di November… Selain itu, penurunan Oktober direvisi sedikit ke -0,8% y/y, dar

USDCNH Dives to Fresh Lows; Bears Could Catch a Breather in Short Term

USDCNH stretched its seven-month old sell-off to the new year, diving to a fresh 2 ½ -year low of 6.438 on Monday. Although the bearish market structure, which develops below the Ichimoku Cloud and the simple moving averages (SMAs), keeps sentiment negative, with the falling momentum indicators also

Jack Ma's disappearing act fuels speculation about billionaire's whereabouts

BEIJING (Reuters) - Alibaba founder Jack Ma’s absence from public view in the past two months, including missing the final episode of a TV show on which he was to appear as a judge, has fueled social media speculation over his whereabouts amid a Chinese regulatory clampdown on his sprawling business

Top currency pairs technical analysis forecast 2021

EUR/USD WHAT an interesting year it has been! Four years ago (2017) we had an Annual Key Reversal Up. This was followed three years ago (2018) with a countering Annual Bearish Dark Cloud Cover Pattern. In 2019 that left us with a sort of follow on lower that extended out into the 1 st Quarter of 202

Will Gold Breakout Higher?

The precious metal was seen consolidating near the 1900 level. Price action previously tested this level before pulling back recently. In the process, we have a potential ascending triangle pattern emerging. If the 1900 level of resistance breaks, then we expect to see further gains coming. A breako

What are Gold’s new year’s resolutions?

2020 is dead! Long live 2021! The new year should be positive for gold, but to a lesser extent than the previous year. Finally, 2020 has drawn to a close! It was a strange year all right, bringing with it disaster for many people all over the world, so it’s a good thing that it’s passing. Few will m

PRECIOUS-Gold set for strongest year since 2010

(Updates prices) * European shares retreat, set to end year with losses * Silver up 48% this year, also on track for best year since 2010 * Palladium up for fifth straight year, gains 22% in 2020 * Interactive graphic tracking global spread of coronavirus: Dec 31 (Reuters) - Gold p

Nishimura Jepang: Dapat Pertimbangkan Keadaan Darurat Terkait Tingkat Virus

Menteri Ekonomi Jepang Yasutoshi Nishimura mengatakan pada hari Kamis, bahwa Jepang dapat mempertimbangkan keadaan darurat terkait tingkat virus. Selama pembaruan virus corona (COVID-19) terbaru, media Kyodo mengatakan, "Pemerintah metropolitan Tokyo melaporkan 944 kasus baru virus corona

PBOC sets yuan reference rate at 6.5249

The People's Bank of China (PBOC) has set the yuan reference rate at 6.5249 versus the previous day's level of 6.5325. Ahead of the release, Reuters expected 6.5228 level for today while Bloomberg eyed 6.5238 from its latest survey. The Chinese central bank also infused 80 billion yuan via 7-day rev

Genesis Ceases Support for XRP Trading, Custody and Loans

Photo: Reuters XRP continued its plunge on Wednesday and gave up all of its early gains as more exchanges and partners are distancing themselves from the fourth-largest crypto asset by market capitalization. Genesis, a New York-based cryptocurrency trading and lending platform, has joined the growin

EUR/USD to target April 2018 high at 1.2413

The EUR/USD pair hit 1.2310 this Wednesday, its highest level since April 2018, after finding buyers around 1.2250. Market players are eyeing 1.2413, April 2018´s monthly high, FXStreet’s Chief Analyst Valeria Bednarik reports. Key quotes “The bullish case is strong, supported by intraday technical

GBP/USD holds steady near weekly tops, awaits UK Parliament vote on Brexit deal

GBP/USD gained strong follow-through traction for the second straight session on Wednesday. The prevalent risk-on environment undermined the safe-haven USD and remained supportive. Investors now await the UK Parliament vote on the Brexit trade deal amid thin trading volumes. The GBP/USD pair maintai

Pull-up Update