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Day: February 18, 2019

California AG: At least 13 states suing over Trump’s national emergency

California and a dozen other states are filing a lawsuit challenging President Donald Trump’s national emergency declaration on Monday, California Attorney General Xavier Becerra said. “The president admitted that there’s not a basis for the declaration, he admitted there’s no crisis at the border, he’s now trying to rob funds that were allocated by Congress …

California AG: At least 13 states suing over Trump’s national emergencyRead More

EUR/USD Outlook: Recovery Extends Near Pivotal Fibo Barrier But Risk of Stall Exists

The Euro enters the US session at the front foot as recovery extended in European session and reached high just ticks ahead of key barrier at 1.1341 (Fibo 38.2% of 1.1514/1.1234/last week’s highs. Fresh risk appetite on trade optimism keeps the Euro supported, along with reversed momentum and north-heading stochastic. However, bulls need to register …

EUR/USD Outlook: Recovery Extends Near Pivotal Fibo Barrier But Risk of Stall ExistsRead More

EURNZD Recovers from 2-Month Low after Hitting Lower Bollinger Band

EURNZD has declined considerably over the previous three days, recording a new two-month low around 1.6408 and touching the lower Bollinger Band. Currently, the price is paring some of the losses, approaching the 1.6500 handle. Technical indicators in the daily timeframe are reversing back to the upside. The stochastic oscillator is turning higher in the …

EURNZD Recovers from 2-Month Low after Hitting Lower Bollinger BandRead More

Gold Records 3-Week High, Ichimoku Suggests Further Gains

Gold prices edged sharply higher in the previous days, hitting a more than two-week high earlier today. Also, the metal is approaching the eight-month high of 1326 and a successful jump above this strong barrier would resume the bullish outlook. The RSI indicator is holding around the overbought zone and the 70 level, while the …

Gold Records 3-Week High, Ichimoku Suggests Further GainsRead More

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