Euro News

GBPUSD Price Analysis – October 20 The GBPUSD had closed on Friday above its opening price after recovering from early selling pressure and trending higher for the 4th day consecutively in a row. After failing to reverse from its highs, the FX pair is unstable and due to weekend UK parliament vote on Brexit, with […]

Europa Metals Ltd stock (LSE:EUZ) is currently experiencing a rally in the context of a downtrend. But there is likehood that the rally would not be sustained unless the condition stated below is met. From May to August 2019, price went flat. Then it rallied massively in August – only to start coming downwards in […]

In the prior session, the pair closed lower for the second day in a row, but currently, the GBPJPY displays a weakness further downside of the pair while retaining its wider medium-term outlook by temporal reversal on the level at 130.75. Key Levels Resistance Levels: 148.66, 137.80, 135.774 Support Levels: 130.75, 128.68, 126.54 GBPJPY Long […]

EURUSD Price Analysis – September 23 The eurozone keeps on battling, thus resulting in selling pressure on the EURUSD pair, as fragile worldwide conditions and the U.S-China trade dispute have negatively affected the manufacturing sector in Germany and the remainder of the alliance. On the off chance that the U.K. leaves Brexit without a bargain, […]

China plans to release a new digital currency which would bear some similarities to Facebook’s Libra coin. It would be usable across several platforms like WeChat and Alipay. In a recent interview with the Shanghai Security News on the 6th of September, the deputy director of the People’s Bank of China, Mu Changchun, stated the […]

Swiss financial regulators have signaled that Facebook’s cryptocurrency, Libra is mandated to meet up to extra requirements besides acquiring a payment system license before they can begin operations in the region. In a recent press release, the Swiss Market Supervisory Authority (FINMA) explained that the diverse services projected by Libra have created the need for […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK manufacturing production unexpectedly rose in July In the UK, manufacturing production unexpectedly climbed by 0.30% on a MoM basis in July. In the prior month, manufacturing production had dropped 0.20%. UK industrial production surprisingly climbed in July In the UK, industrial […]

USDCHF Price Analysis The pair is moving to a new session high and in the process is exiting from it’s moving averages 5 (red line) and 13 (blue line) at 0.9805 and 0.9785 respectively. Currently, a base on the level at 0.9775 area, at the horizontal line has formed and has allowed for a temporary […]

In an Active Mode, GBPJPY Gets Set for the Upside Momentum GBPJPY Price Analysis – August 28 The pair is likely to stay uneventful in the short-term as the RSI and the moving averages are flattening and the price is rising slowly. In any case, the recent fundamentals affecting the Pound had made the pair […]

EURJPY Price Analysis – August 23 In today’s trading session, the common European currency traded sideways against the Japanese Yen. The currency pair was trading below the moving average 5 and 13 since yesterday’s trading session. We may see bearish traders pressurize the currency pair towards the level at 117.50 before the end of today’s […]