Daily ArchivesDecember 3, 2020 - Forex Broker LiteForex Nigeria

EUR/USD broke over the long-term descending trendline. It has dominated the long-term picture since July 2008. With the clear break above this trendline, we should look for a continuation higher towards at least 1.2852 in the coming weeks/months. If also the equality target at 1.2852 is broken the next upside target will be seen at […]

Technical Market Outlook: The GBP/USD pair has broken above the level of 1.3395 and made a new local high at the level of 1.3439, but was capped at the end of the rally and a Bearish Engulfing candlestick pattern was made. Nevertheless, this situation is only temporary and there is no indication of the up […]