Oil has surged to March highs amid optimistic vaccine news and the peaceful presidential transition. Read to know forecasts!
Tag - fundamental analysis
The euro has started the week on a positive footing, surging to the key resistance of 1.1800.
The USD is trading at its 7-week low, and it looks like it will continue falling further. Why?
Gold is steadily plummeting for the third consecutive day. Where is the bottom? Let’s find out.
Another all-time high has juts been reached by the famous crypto asset. What next? $100,000?
Stock significantly surged: S&P 500 and Nasdaq reached 6-week highs. The market sentiment may deteriorate today as Johnson & Johnson’s Covid-19 vaccine trails have been stopped because of the unexplained illness.
The market sentiment is mixed, but still, there are some interesting movements. Let’s have a closer look.
The new Covid-19 strain has been found in the United Kingdom. The market sentiment immediately worsened after the report and pressed EUR/USD down.
Most analysts claim EUR/USD will dip to 1.2000. After that, the pair should reverse to the upside.
XAU/USD has been falling due to market optimism. Will it keep moving down?
GBP/USD is climbing upward. The break out above 1.3500 will drive the pair to multi-year highs.
GBP/USD is now poised to retest the key support level at 1.3000. Jump in for the technical analysis!