Latest market news with the technical analysis of the EUR/USD, GBP/USD, USD/JPY, and gold!
Tag - gbp
US stocks and oil slipped as Donald Trump threatened not to sign a long-awaited stimulus bill into law. The market sentiment had been already fragile, and Trump’s comments worsened it even more.
The market sentiment is mixed, but there are still interesting movements on the market.
The market is resilient ahead of the speeches of Fed’s Powell and ECB President Lagarde, but there are still interesting movements.
The US dollar turned to the upside on Monday. Let's discuss what to expect next from the market.
In this video we will go through the main events of the week and analyze EUR/USD, GBP/USD, GBP/JPY and gold!
EUR/USD has been rising since morning, but the further rally is limited by the 200-peiod moving average at 1.2190. Gold is flirting with the $1 850 level.
The moves of the main pairs
Gold is falling. When will it stop and reverse?
The USD skyrocketed after Fed Powell’s speech. OPEC and allied producers agreed to extend production cuts for another month. Oil surged.
PMI reports from the EU, the UK, and the USA will be released during the whole day on March 24, to the delight of traders.
UK retail sales will be out at 9:00 MT on March 26.