Oil is a combustible asset

Oil is a combustible asset

Against the backdrop of worsening relations between the US and Iran, the stubborn and unshakeable conviction that Trump, as a true Republican, will defend the interests of oil companies with all his might and maintain high oil prices, continue to disperse bullish sentiments. But all this fundamentally speculative basis is shaky and temporary. Just yesterday, […]

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Technical analysis: Intraday Levels For EUR/USD, May 22, 2018

Technical analysis: Intraday Levels For EUR/USD, May 22, 2018

When the European market opens, some economic data will be released such as German Bundesbank Monthly Report. The US will release economic reports too such as Richmond Manufacturing Index. So amid the reports, EUR/USD will move with low to medium volatility during this day. TODAY’S TECHNICAL LEVELS: Breakout BUY Level: 1.1846. Strong Resistance:1.1839. Original Resistance: […]

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