Forecasts & Analysis | , Page 5
Crude Oil Forecast – Crude Retreats After Touching 4-Week High
Crude prices have dipped on Friday, after briefly pushing across the $54 level. Investors remain unnerved by the China coronavirus and are keeping an eye on OPEC’s proposal to cut production.
GBP/USD Daily Forecast – Sterling Recovers on Positive UK PMI Report
PMI data from the UK showed the economy continuing to expand, triggering an extension higher in the GBP/USD recovery.
EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – 21/02/20
It’s a bullish start to the day. The majors will need to move back through the early highs, however, to avoid a return to the red.
U.S. Dollar Index Futures (DX) Technical Analysis – Should Rally Until Euro Reverses to Upside
Based on the early price action and the current price at 99.735, the direction of the March U.S. Dollar Index into the close is likely to be determined by trader reaction to yesterday’s close at 99.597.