Oil has surged to March highs amid optimistic vaccine news and the peaceful presidential transition. Read to know forecasts!
Tag - technical analysis
The vaccine news helped the risk-friendly Australian dollar, which climbed to a one-week high against its US counterpart.
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.
US stock markets tumbled at the opening on Thursday as the Federal Reserve's warnings about a slow recovery from the pandemic.
The market sentiment is mixed, but still, there are some interesting movements. Let’s have a closer look.
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 new Covid-19 strain has been found in the United Kingdom. The market sentiment immediately worsened after the report and pressed EUR/USD down.
The mid-term perspective suggests there is a high likelihood of a slide downwards with EUR/JPY. Why? See the article.
Ichimoku Kinko Hyo EUR/JPY: The pair is trading above the cloud…
XAU/USD has been falling due to market optimism. Will it keep moving down?
Most analysts claim EUR/USD will dip to 1.2000. After that, the pair should reverse to the upside.