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GBP/USD currency pair analysis


The pound against the dollar is back to test the resistance level 1.2590 again, as it opened today's trading positively, as it rebounded from the support level 1.2470 affected by the positivity of the stochastic indicator, which gives a bullish signal.

The moving average 50 is a resistance for the …

EUR/USD currency pair analysis


The EUR/USD pair returns to test the resistance level 1.0750 again, in an attempt to return to the bullish path again. This is supported by positive support from all technical indicators, as they are pressuring the price positively in order to break the mentioned resistance.

The continuation of trading above …

Euro stocks rise ahead of the ECB meeting


News of the day, Monday, June 6

European stocks are about to open higher on Monday as ECB is meeting soon to discuss monetary policy normalization. DAX futures traded 0.3% higher, CAC 40 futures were up 0.5%, and FTSE 100 futures climbed 0.7%.

The U.S. dollar decreased earlier today ahead …

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