Recent content by Mikhail Kurakin

LiteForex analitics. EUR/USD: general review Current trend EUR strengthened against USD on Thursday amid a refutation regarding the introduction of US tariffs on cars from the EU before Christmas made by the European Commission. The single currency was also supported by positive labor market...

LiteForex analitics. NZD/USD: general analysis Current trend Yesterday the pair strengthened by 65 points after the speech of Fed Chairman Jerome Powell. In general, the speech was neutral. USD was under pressure due to the mentioned necessity of balancing the current monetary policy in order...

LiteForex analitics. XAU/USD: gold prices are going down Current trend Gold prices declined on Tuesday, updating local lows of November 15. Investors are still focused on the US-Chinese trade conflict. In anticipation of the G20 summit in Buenos Aires starting on Friday, US President Donald...

LiteForex analitics. GBP/USD: the pound remains under pressure Current trend Yesterday, the GBP/USD pair continued the development of the “bearish” impulse formed at the end of last week. The endorsement of the text of the Brexit agreement by the EU members at the last summit reassured the...

LiteForex analitics. XAU/USD: gold is trading in both directions Current trend Gold prices showed a decline last Friday, departing from local highs updated during the last week. The reason for the emergence of "bearish" dynamics was the growth of the US currency, as well as significantly...

LiteForex analitics. USD/CAD: technical analysis USD/CAD, D1 On the daily chart, the pair is trading in the upper Bollinger band. The price remains above its moving averages that are directed up. The RSI is testing from above its longer MA. The Composite is falling, having formed a Bearish...

LiteForex analitics. GBP/USD: the instrument trades ambiguously Current trend Yesterday, the GBP/USD pair fell slightly, continuing the development of the “bearish” impulse formed the day before. British investors are focused on Brexit. Prime Minister Theresa May met with European Commission...

LiteForex analitics. EUR/USD: the Euro returned to declining Current trend EUR showed a decline against USD on Tuesday, retreating from updated local highs of November 7. In the absence of significant economic releases, investors are focused on the UK, where Prime Minister Theresa May is...

LiteForex analitics. XAU/USD: the price can decrease Current trend After a significant decline from the beginning of April to mid-August, the gold price is trading within an upward correction. During the autumn months, it has recovered by more than 80 points. However, in the long term, the...

LiteForex analitics. USD/JPY: technical analysis USD/JPY, D1 On the daily chart, the pair is trading in the lower Bollinger band. The price remains above the EMA65, EMA130 and SMA200 that are directed up. The RSI is approaching its strong support region. The Composite is about to test its...

LiteForex analitics. EUR/USD: euro is growing moderately Current trend Yesterday, EUR rose slightly against USD and renewed its highs since November 9. The investors are focused on Brexit negotiations. On Wednesday, traders seriously hoped that the deal would be concluded and ratified, and EU...

LiteForex analitics. USD/CAD: instrument consolidated Current trend Yesterday, USD rose slightly against CAD, failing to update Tuesday’s highs. Investors ignored the moderately optimistic macroeconomic statistics on US CPI and responded with purchases only to the speech of the Fed’s Jerome...

LiteForex analitics. Brent Crude Oil: general review Current trend Today, the rate of Brent fell below the level of 69.00, after which it was adjusted to the area of ​​69.40. The main factor putting pressure on oil is the high level of oil production in the USA. On the eve of Saudi Arabia's...

LiteForex analitics. SX5E: technical analysis SX5E, D1 On the daily chart, the instrument is trading in the upper Bollinger band. The price remains below the EMA65, EMA130 and SMA200 that are directed down. The RSI is approaching its strong resistance region. The Composite is about to test...

LiteForex analitics. EUR/USD: general analysis Current trend USD strengthened against EUR after the US Federal Reserve interest rate decision: as expected, the rate was kept at the level of 2.25%. In the accompanying statement, the regulator focused on the strength of the country's economy...