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Gold Price and Oil Price Eye More Upsides

Gold price started a fresh increase from the $1,810 level. Crude oil price is rising and might gain pace above the $113.75 resistance. Important Takeaways for Gold and Oil· Gold price started a decent increase after it formed a base above $1,810 against the US Dollar. · There

ETHUSD and LTCUSD Technical Analysis – 26th MAY, 2022

ETHUSD: Bearish Engulfing Pattern Below $2,087Ethereum was unable to sustain its bullish momentum last week, and after touching a high of 2,084 on 23rd May started to decline heavily against the US dollar. We can see a strong bearish momentum this week and this is putting downward pressure

5 common issues that traders often face

In this video, FXOpen UK COO Gary Thomson lists and studies the 5 most common issues that traders often face. Why do retail traders find it difficult to make a profit when trading forex? What are the ways to avoid loss of funds? How to manage risks? All these forex

Pfizer stock becomes active, yet only increases by 1%

During the course of the years 2020 and 2021, the 'big pharma' stocks, a phrase referring to publicly listed shares in large, multinational pharmaceautical companies, had been riding the wave of popularity during a time at which every newspaper and television channel was repeatedly churning out Covid-related messages. That has

BTCUSD and XRPUSD Technical Analysis – 24th MAY 2022

BTCUSD: Triple-Top Pattern Below $30,775Bitcoin was not able to sustain its bullish momentum this week, and after touching a high of 30,652 on 23rd May, started to decline heavily against the US dollar; it touched a low of 28,860 today in the Asian trading session. The drop

The era of the ruble. Currency of the future?

As the Russian energy industry continues to take settlements from Western customers in rubles and inflation across the European and North American continents continues to rise as an equal issue festers alongside it, that being the extreme increase in the cost of living, the ruble is once again on the

EUR/USD and EUR/JPY Eye Additional Gains

EUR/USD started a fresh increase from the 1.0350 zone. EUR/JPY is also rising and might gain pace if it clears the 136.80 resistance zone. Important Takeaways for EUR/USD and EUR/JPY· The Euro started a steady increase above the 1.0480 and 1.0500 resistance

ECB Hints At Positive Rates, Sending EUR Higher

The euro started the trading week on a higher note after the ECB President, Christine Lagarde, said that the central bank is ready to raise the rates during the summer. In a blog posted on the ECB’s website, Lagarde said that the lift-off date is drawing closer, and it

The rise of the petro-ruble exposes unstable US Dollar

Emerging economies with developed and diversified industry bases are beginning to look toward joining the economic and trade blocs which are not aligned with Europe or the United States, as Argentina becomes the latest to explore joining the BRICS (Brasil, Russia, India, China, South Africa) economic group. Argentina is home

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