Don’t waste your time – keep track of how NFP affects the US dollar!
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On H4, the EUR/TRY pair has been moving to the support in the range of 6.52-6.5030 but the level of 6.5453 has been preventing the fall. A breakthrough below 6.5453 will lead EUR/TRY to the range. A move below the range will cause the following decline to 6.4055. If the pair rebounds, we can anticipate a rise to 6.5985 but remember about the trendline that will limit the upward movement.
The U.S. Commerce Department said it will issue an order Friday that will bar people in the United States from downloading Chinese-owned messaging app WeChat and video-sharing app TikTok starting on September 20.
After yesterday's equity sell-off things are looking mixed in the Asian session this morning.
US stock markets tumbled at the opening on Thursday as the Federal Reserve's warnings about a slow recovery from the pandemic.
The New Zealand dollar is rising for the sixth straight day, outperforming its major peers. What is the reason? Let’s find out!
The U.S. Commerce Department said it will issue an order Friday that will bar people in the United States from downloading Chinese-owned messaging app WeChat and video-sharing app TikTok starting on September 20.
Oil keeps rallying for the fourth day in a row after Goldman Sachs claimed that the oil market is in deficit and also because of the recent storm in the Gulf of Mexico, which led to the sharp decline of oil production. It is the best week for oil since June!
