bimobio

The EUR/USD is building a bullish breakout above the double top. An uptrend continuation is imminent as long as price stays above the key support zone (green box) at 1.1325. 4 hour chart The EUR/USD has been using the long-term moving averages as a cushion for continuous bullish bounces. The uptren

Speaking to reporters after a cabinet meeting on Friday, Japanese Finance Minister Taro Aso dismissed reports that the coronavirus stimulus spending may force the government to ditch its 2025/26 fiscal target. Key quotes “I’m aware there are negative factors, including extra budget spending, surroun

USD/CAD remains depressed near one-week low of 1.3504. A horizontal area from early-June lures sellers amid bearish MACD. Bulls can refrain from entries below 200-bar EMA. USD/CAD drops to 1.3504 as Tokyo begins Thursday’s trading session. In doing so, the loonie pair refreshes weekly low while ext

WTI stays pressured beyond $40.00 despite multiple bounces off 200-HMA. MACD conditions suggest bears rolling up their sleeves for entry. Bulls will have multiple upside barriers beyond $41.00. WTI recedes to $40.31, down 1.06% on a day, during the early Monday’s trading. The black gold extends lat

AUD/JPY fails to keep the uptick to 75.00 after Aussie Unemployment Rate matches downbeat forecast. Market’s risk-tone dwindles amid recent worries concerning the Sino-American relations. A busy day ahead with Chinese GDP be the immediate catalyst. AUD/JPY declines to 74.80 during Thursday’s Asian