NZD/USD analysis for May 6, 2021
Looking at the graph on the four-hour time frame, we see that after reaching the previous high at 0.74645, there was a drop to…
EUR/USD analysis for May 6, 2021
Looking at the graph on the four-hour time frame, we see that the EUR/USD pair is moving in a descending channel, making certain…
Dogecoin analysis for May 6, 2021
Looking at the chart on the hourly time frame, we see that Dogecoin is losing strength, falling below the moving averages of MA20,…
Bitcoin analysis for May 6, 2021
Looking at the chart on the four-hour time frame, we see that yesterday Bitcoin managed to consolidate at a price of around $…
Spain puts billions in to fight for a part of the European electric vehicle sector
Spain plans to land new battery and electric vehicle plants. It will use billions…
The dollar fell from a two-week high
The U.S. dollar declined from a two-week high on May 6. Remarkably, traders are focused on economic data that may provide clues…
Oil and gold prices boosted on Thursday; Why’s that?
Oil prices increased on Thursday, recovering early losses, as crude stockpiles in the United States, the…
Janet Smoke and Mirrors
Weak overnight trading gave way to tepid European session with a predictable buying interest at the U.S. open - which fizzled out though…
U.S. Stocks Recovered Following a Technology-led Selloff
U.S. stocks rose on May 5, after a technology-led selloff a day earlier, with growth stocks recovering…