On Monday, November 12, there is no important statistics are scheduled to be published from the USA and Europe.
Market interest is expected to remain concentrated around:
— the likely agreement of OPEC+ to reduce production by 1 million barrels per day;
— speculation that May is losing support from the government on the Brexit issue;
— standoff over Italy’s budget: any changes should be submitted to the European Commission by Tuesday.
See the detailed Economic calendar here
- USDJPY broke key resistance level 155.00 - Likely to rise to resistance level 160.00…
- Ebay reversed from support level 49.35 - Likely to rise to resistance level 52.55…
Even though the Bank of Japan left the key rate and parameters of the QE…
Market picture Market Dynamics: The cryptocurrency market stabilised, losing just 0.1% of capitalisation and dropping to…
- GBPCAD reversed from key support level 1.6910 - Likely to rise to resistance level…
- GBPAUD reversed from support level 1.9135 - Likely to rise to resistance level 1.9360…
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