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Factors that will Shape the Recovery of the Eurozone in 2021

Factors that will Shape the Recovery of the Eurozone in 2021 2020 has left a string of economic indicators that have broken records of the last decades. They include the falls in GDP, large public deficits, the collapse of hours worked, public debt. Now, everyone has high hopes for 2021, thanks to s

Forex mentor – How to find a forex mentor?

Forex Mentor – How to Find a Forex Mentor? Starting a Forex trading career can be really tough if you don’t have a good Forex mentor by your side. From the very beginning, the willingness to learn is necessary as well as an optimistic attitude. Still, finding a knowledgeable and dedicated person who

How to Buy Bitcoin Cash?

How to Buy Bitcoin Cash? Since August 1, Bitcoin Cash, or bitcoin cash, has become a popular cryptocurrency that attracted attention due to its technological improvements. Currently, Plus500 allows traders and investors to buy and sell Bitcoin Cash easily. Sign up for Plus500, deposit funds via bank

AUDCAD, will take Sell entry from resistance if shows rejection.

#AUD/CAD# Please Support this Idea with LIKE if it is Useful.... AUDCAD The price is near Support/resistance level , If price shows rejection from the level I expect the price to continue lower, For Entry:BearishCandlesticksupport/resistanceLIKE & SUPPORT

WTI struggles to keep $42.00 amid risk-off in Asia

WTI bounces off intraday low to trade near $42.07, down 0.10% on a day, while heading into the European open on Friday. In doing so, the black gold adds to Thursday’s losses as risk-tone sours following the US announcements of fresh punitive measures on Canada and China. The mood gained extra dullne

Dollar out of favour as focus turns to non-farm payrolls data

© Reuters. FILE PHOTO: U.S. dollar banknote is seen in this picture illustration By Stanley White TOKYO (Reuters) - The dollar nursed losses against major currencies on Friday ahead of the U.S. non-farm payrolls report, which some investors fear could reinforce the view that momentum in the world's

EUR/JPY clears 200-week ma at 124.86 and is on course to test 127.75 – Commerzbank

EUR/JPY has cleared the 200-week ma at 124.86 and is now trading around 125.20 after hitting a high near 125.60 early on Thursday. The pair is heading to test the 127.75 and will retain an upside bias while above the three-month uptrend at 122.69, Karen Jones, Team Head FICC Technical Analysis Resea

European stocks set to open slightly lower amid earnings; Bank of England holds rates

European stocks were expected to open slightly lower on Thursday morning, as investors monitored a slew of corporate earnings and reacted to the Bank of England’s decision to hold interest rates. The U.K.’s FTSE 100 was seen off by 36 points at 6,062, France’s CAC index was down more than 10 points

USDJPY

#USD/JPY# Hi dear traders . just an idea on what I see this pair on weekly time frame . due to weakness of USD this can be probable to break this symmetrical triangle from down side .if this will happen it could be a very nice short opportunity . on daily time frame also there is mor

Dollar struggles ahead of job figures as investors fret over U.S. recovery

© Reuters. FILE PHOTO: Four thousand U.S. dollars are counted out by a banker at a bank in Westminster By Hideyuki Sano and Eimi Yamamitsu TOKYO (Reuters) - The dollar struggled on Thursday under the weight of worries the U.S. economic recovery may lag other countries due to a high level of coronavi

Gold just hit a fresh record high — but some say silver is set to overtake

Silver is set to outshine gold, even as prices of both precious metals soar in the midst of a faltering global economy and a weakening U.S. dollar. This year, gold prices have shot to record highs not seen since September 2011. Investors have been fleeing to “safe haven” assets as the pandemic shows

Silver Price Analysis: XAG/USD eyes a break above $27 amid rectangle breakout

Silver looks to extend the bullish momentum, tracking Gold. Rectangle pattern breakout spotted on the hourly sticks.   A pullback cannot be ruled out before the uptrend resumes. Silver (XAG/USD) is on a roll higher and tests fresh all-time highs, taking cues from its close peer, gold. The spot sits

Gold shines on falling dollar, yields; global stimulus supports shares

© Reuters. FILE PHOTO: Security guard wearing a face mask walks past the Bund Financial Bull statue on The Bund in Shanghai By Swati Pandey SYDNEY (Reuters) - Gold scaled a new high on Wednesday as a weaker dollar and falling bond yields burnished its safe-haven appeal, while shares ticked higher as

Gold: Forays above $2000 to remain short-lived – Commerzbank

Gold has reached Commerzbank’s target of $1983. Strategists at the bank expect the yellow metal to experience some profit taking as forays above are seen short-lived. On the flip side, the 55-day ma at $1838 is a solid support. Key quotes “Gold has reached the top of its 49 year channel at $1983. It

Pull-up Update