Is the uptrend over for the S&P? No - in fact, just confirming the projections. Check it out.
Daily Market Analysis
Information is not investment advice
Oil wend down after peaking above $40. What are we going to see next?
WTI is at $40. What are we to expect?
The fresh coronavirus outbreak in Beijing waned. Economists upgraded their forecasts for the Chinese economic growth.
2020 is the final year of Brexit. Will the GBP improve once it's over?
Our previous projection for the bounce from local support was correct. What does the way ahead of S&P look like now?
XAU/USD rose to the highest levels since 2012. The advance has become stretched and the price may try to correct down.
Today at 5:00 MetaTrader time the Reserve Bank of New Zealand will publish the rate statement. What do we need to expect?
The Canadian dollar started this week with the positive footing. What’s the reason?
Have you seen the USD? It lost value against the EUR and JPY - a rare situation - grab it!
EUR/GBP continues trading within an uptrend. The pair has managed to break above 0.9000 (38.2% Fibonacci retracement of the March-April decline) which now acts as support.
June is not as straightforward as May was in terms of moods. USD/JPY reflects that in an interesting way - use that in your trade.