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Analytical Overview Of The Main Currency Pairs - Wednesday, Dec. 29
The ECB reduced the pace of its asset purchases. This is a positive factor for the strengthening of the Euro. However, it should be noted that the FED is also cutting the QE program.
S&P 500 Hit A New All-Time High
On Monday, the US stock market continued confident growth, with the S&P 500 index renewing its all-time high.
Analytical Overview Of The Main Currency Pairs - Tuesday, Dec. 28
From a technical point of view, the USD/CAD currency pair trend is bullish. But the price has tested the priority change level for the third time; the sellers are trying to intercept the initiative.
The U.S. Federal Reserve's Balance Sheet Hits A New Record
The US Federal Reserve's balance sheet has reached a new record of $8.8 trillion. But it should be noted that the Fed's bond buying pace is declining now.
Analytical Overview Of The Main Currency Pairs - Monday, Dec. 27
From a technical point of view, the EUR/USD on the hour time frame is still bearish. The MACD indicator has become inactive.
Analytical Overview Of The Main Currency Pairs - Friday, Dec. 24
From a technical point of view, the EUR/USD on the hour time frame is still bearish. The MACD indicator has become inactive; volatility is decreasing before the Christmas holidays. It is better to consider sell deals from the priority change level.
Analytical Overview Of The Main Currency Pairs - Thursday, Dec. 23
From a technical point of view, the EUR/USD on the hour time frame is still bearish.
World Stock Indices Are Growing Amid Renewed Investors' Appetite For Risk
The US stock indices closed with strong growth yesterday. The rebound was observed in almost all sectors except Healthcare and Consumer Defensive.
Analytical Overview Of The Main Currency Pairs - Wednesday, Dec. 22
From a technical point of view, the EUR/USD on the hour time frame is still bearish. The MACD indicator has become inactive.
Analytical Overview Of The Main Currency Pairs - Tuesday, Dec. 21
Electricity prices in Europe increased to record levels due to the cold weather on Monday. Also, there is a rising incidence of disease in the region. Bundesbank predicts that the German economy may contract this quarter due to the Omicron strain.
Analytical Overview Of The Main Currency Pairs - Monday, Dec. 20
From a technical point of view, the EUR/USD on the hour time frame is still bearish. The price is trading in a wide corridor.
The U.S. Stock Market Is Selling Off Again
The US stock indices ended Thursday's trading in the red zone.
Analytical Overview Of The Main Currency Pairs - Friday, Dec. 17
The ECB expectedly kept the base interest rate at zero level, while the deposit rate was left at minus 0.5%. The ECB will end its PEPP program in March 2022.
Federal Reserve Accelerates QE Program Cuts And Forecasts 6 Interest Rate Hikes In Next Two Years
According to the results of the FOMC meeting, the US Federal Reserve kept the interest rate at 0-0.25%.
Analytical Overview Of The Main Currency Pairs - Wednesday, Dec. 15
From a technical point of view, the EUR/USD on the hour time frame is still bearish. The price is trading in the corridor, while there is an expansion of borders in the form of false breaks.
The Analytical Overview Of The Main Currency Pairs - Tuesday, Dec. 14
The EUR/USD on the hour time frame is still bearish. The price is trading in the corridor, and there is a narrowing of liquidity in the form of a pattern "triangle." The MACD indicator has become inactive.
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