Tag: Forex Daily

Forex analysis review 2019-03-25 11:22:51

When supply balances between OPEC production cuts and growth in the United States, oil prices are determined by the dynamics of global demand. In this regard, the fall of Brent and WTI quotes against the background of the collapse of European business …

Technical analysis of AUD/USD for March 25, 2019

Overview: The AUD/USD pair is set above strong support at the level of 0.7046 which coincides with the 23.6% Fibonacci retracement level and 0.7168. This support has been rejected four times confirming the uptrend. Hence, the major support is seen at…

Technical analysis of GBP/USD for March 25, 2019

Overview: The GBP/USD has broken resistance at 1.3221 which acts as support this morning. The pair is moving between the levels of 1.3221 and 1.3382. As the trend is still above the 100 EMA, a bullish outlook remains the same as long as the 100 EMA i…