This week starts pretty dull for the stock market. Has it lost its momentum?
Daily Market Analysis
Information is not investment advice
AUD/NZD formed a “shooting star” candlestick on the W1. The pair ran into the resistance line from the 2018 highs and failed to close above the 200-week MA at 1.0650.
On April 30 at 14:30 MT time the ECB will unveil its future measures to support the euro zone economy.
YouTube and Google Cloud good results pushed up Alphabet's share price. Will that be maintained?
NZD appears to be pretty strong lately. Will it maintain this course?
Oil is the subject of heated debates these days as nobody really knows what to do with the “humiliated” asset.
Since the middle of March, the AUD has been getting stronger. Will that go far?
GBP/AUD has breached the support line from August 2019. What is happening at the chart looks like a pretty big change.
Doom for some, opportunity for others. Netflix gained more than 15mln subscribers thanks to the virus. Will this growth be maintained?
The Euro Area Manufacturing PMI is lower than expected. What does it mean?
The movement in GBP/USD hasn’t started yet, but it surely will. For now the pair’s consolidating in the 1.2390/1.2295 area.
What is moving the Forex market this Thursday? Check the article and set your levels.