• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On November 30th, three OPEC+ representatives indicated that OPEC+ is likely to maintain its first-quarter 2026 oil production levels at its Sunday meeting, a move that would moderate its efforts to regain market share amid growing market concerns about oversupply. Similar comments were made by other sources this week. The organization had been cutting production for years until April of this year, when eight member countries began increasing output to restore market share.November 30th - The 2026 national civil service examination for central government agencies and their affiliated institutions was held today. The Administrative Aptitude Test was held from 9:00 AM to 11:00 AM, and the Essay Writing Test was held from 2:00 PM to 5:00 PM. The 2026 national civil service examination plans to recruit 38,100 people, a decrease of 1,600 from last year. Although the number of recruits has decreased slightly compared to last year, the number of applicants has reached a record high. According to data released by the State Administration of Civil Service, 3.718 million people passed the qualification review by employing units, with a ratio of approximately 98:1 between those who passed the qualification review and the planned recruitment number.On November 30, Venezuelan Foreign Minister Silva issued a statement via social media on the 29th, strongly condemning the US governments actions that threatened Venezuelas airspace sovereignty, calling it a "colonial threat" and "illegal aggression," and announcing that the US actions had forced the suspension of flights for Venezuelan migrants to return home. The statement noted that US President Trump posted a message on social media that day attempting to exercise "illegal extraterritorial jurisdiction" over Venezuela, issuing "orders" over Venezuelan airspace. The Venezuelan government firmly opposes this, believing that it seriously infringes upon Venezuelas airspace sovereignty, territorial integrity, and aviation safety, and is a "hostile, unilateral, and arbitrary act" that violates the purposes and principles of the UN Charter.American Airlines stated that the aircraft affected by the Airbus software glitch have been repaired.Ukrainian President Volodymyr Zelensky will meet with French President Emmanuel Macron in Paris on Monday.

In EUR/USD Price Analysis, around 1.0450, an oversold RSI tests the bears

Alina Haynes

Jun 30, 2022 16:06

 截屏2022-06-30 上午11.16.05.png

 

During the lethargic Asian session on Thursday, the EUR/USD hovers at a two-week low as oversold RSI conditions threaten more losses. Therefore, the principal currency pair will trade between 1.0450 and 0.40 at the absolute latest.

 

Even if the price resists the oversold RSI and continues to decline, the upward-sloping trend lines from May 13 at 1.0420 and 1.0400 will prevent additional losses.

 

Notably, the 1.0380 level and the yearly low at 1.0350 are further barriers to the south that might challenge EUR/USD bears.

 

Alternately, a six-week-old horizontal zone between 1.0460 and 1.0470 safeguards the price's immediate rebound.

 

The EUR/USD bulls will then be challenged by a downward-sloping resistance line at 1.0500 beginning on June 28.

 

If the pair rises above 1.0500, a confluence of the 50-SMA and 100-SMA around 1.0535 will precede the 200-SMA and weekly top near 1.0600 and 1.0615, allowing sellers to take their final positions.