OPEC members failed to agree on production cut, the price of oil continued declining, breaking through the psychological round-figure support of $40 per barrel.
EUR/USD went off the recent descending channel on the four-hourly timeframe (see the chart below), completing the mid-term reversal pattern.
The most popular currency pair in the binary options market started the past trading week with a bearish continuation of the recent trend.
The exchange rate has got extremely close to a previous top (0.98289) on December 20 when USD/CHF was testing EMA55 from below.
The single European currency accelerated the recent downtrend versus the U.S. dollar this past week, registering the largest weekly loss since September last year
The British pound was one of the four major currencies gaining strength versus the greenback this past week. Call options for GBP/USD were in demand despite the plunge of the British stock index FTSE
The most popular currency pair in the binary options market continued the downtrend this past week, declining -0.59% (65 pips) to 1.1025. The price action was similar to several previous weeks and it
The first part of the training week came under the sign of call-option buyers. EUR/USD was trying to recover from previous losses, the Bulls had several attempts to lift the exchange rate above
The trading week by January 17 promises to be rich and quite positive! The main major note is the long-awaited signing of the first stage of the trade agreement between China and the USA.
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