GBP/USD is moving inside the ascending channel. Since it’s in the lower part of this channel, the pair should reverse up and continue moving in zig-zag.
Daily Market Analysis
Information is not investment advice
The South African rand has dropped against the US dollar. What are the reasons?
What is tapering? Tapering is the reduction of the rate at which a central bank buys new assets…
Besides US Retail Sales data, Australian Unemployment Rate and New Zealand GDP this week will bring us Quadruple Witching – one of the four most important days of a year for futures and options!
Usually, the gold price is driven by political and economic uncertainty, like economic crises, election pressure, pandemic effects. But in the face of year-and-a-half lasting monetary stimulus program the price of the haven asset acts differently.
Do you want to know what companies can rocket in September? Here you go! Top 3 most promising stocks!
Why? Despite the fact that analysts and experts have been predicting the US stock market crash during pash year S&P500 doubled since March 2020 crush and NASDAQ is also gaining permanently…
About PayPal PayPal is an electronic commerce company that facilitates payments between parties through online transfers…
Last Friday’s NFP was disappointing. The reaction of the markets was astonishing. Will it last longer? Let's find out the main trade opportunities for the upcoming week.
For the last several weeks gas was skyrocketing at an enormous pace. It has gained more than 17% from August 18. What is the reason for such moves?
Institutional investors speak about further growth in the stock market. In the exact market that has doubled since COVID-19 and doesn’t plan to stop. Is it possible?
This week is full of important news, starting with PMIs in the key economies, with Jackson Hole Symposium as a cherry on the top.