How to trade gold in 2020?
Daily Market Analysis
Information is not investment advice
The Mexican peso and the South African rand show very similar movement patterns. What are they?
It’s worth paying attention to AUD/JPY. The pair has approached the resistance line connecting April and May highs.
The way EUR/GBP bottomed around 0.8700, then rose above 0.8870 and jumped from the trendline support at 0.8910 shows that the pair possesses bullish momentum.
The stock market has had three days of rising and finally stopped. Is it a tipping point or just a pause before the next upswing?
There’s still scope EUR/JPY to rise towards the 118.70/119.85 area, where a reversal to the downside should take place.
There is a certain resemblance of the S&P chart now and how it performed in June 2019 with relation to the MACD. The conclusion may not be very consoling.
S&P 500 and other stock indexes rose over the past 12 months despite the global recession. Should you buy it now?
GBP/USD formed a “Piercing line” pattern on the D1. The pair rose to the resistance line that connects April 30 and May 8 highs.
WTI trades right below the resistance of $33. What will its nearest step be?
The recent initiative for a $546-bln financial aid package in the Eurozone made the EUR/USD break local resistance. How much fuel does it have?
The coronavirus has changed everything. When analysts gave forecasts for 2020 at the end of last year, no one could foresee that the whole world would be seized by the pandemic.