Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of y
EUR/USD trades near 1.1870, having defended 1.18 on Thursday.
Daily chart continues to show a bearish divergence of RSI.
EUR/USD is struggling to extend Thursday’s bounce from 1.18 to 1.1868 amid bearish developments on short duration technical charts.
To start with, the hourly chart shows a bear
GBP/CAD refreshes intraday low following its failure to extend previous day’s bounce off 1.7296 beyond 1.7332.
Bearish MACD, sustained break of short-term support line favor sellers.
Bulls may wait for fresh weekly high before taking entries.
GBP/CAD bounces off the recently flashed intraday low of
Gold fails to keep bounces off $1,929.66, extends Friday’s losses.
S&P 500 Futures rise 0.30% but Japan’s Nikkei 225 and Australia’s ASX 200 drop.
US policymakers to reconvene the House Session later this week.
Sino-American trade review delayed, Japan’s GDP slumped the most since 1980.
So far, this year has been a big one for Bitcoin: after a spectacular price crash in March, BTC managed to hold levels between $8,500 and $9,800 for nearly three months, occasionally kissing $10,000. Never before had Bitcoin managed to sustain something so close to $10,000 for such a lon
The Commodity Futures Trading Commission (CFTC) has approved a final rule on the cross-border application of certain swap provisions, the United States regulator announced this week.
In particular, the CFTC approved a final rule on capital requirements for swap dealers and major swap par
There has been a development with the Finablr PLC situation, with the company announcing this Wednesday that it has appointed Skadden Arps Slate Meagher & Flom (UK) LLP as lead counsel.
According to a statement filed through the London Stock Exchange (LSE), the United Kingdom-bas
Asian shares track surge in Chinese blue-chips amid hopes of further stimulus.
Upbeat Aussie data add strength to the market’s optimism.
Coronavirus woes, US-China tussle continue to guard the optimism.
Asian equities print welcome start to the week while taking the bids during the early Monday. Th
Current Position of the Market
SPX: Long-term trend – Having rallied well past a .618 retracement of the decline into March 2020, it is time to consider the possibility that the retracement was only an interruption of the bull market which originated in 2009.
Intermediate trend – Down into mid-July
The Australian Securities and Investments Commission (ASIC) announced this Thursday that further guidance on how it will use its product intervention powers will be published in June of 2020.
In its revised timetable of ongoing work, ASIC said that it will publish a regulatory guide in J
Indian shares were little changed on Tuesday amid mixed global cues after the World Bank estimated that global gross domestic product will shrink by 5.2 percent in 2020, the deepest recession since a 13.8 percent global contraction in 1945-46 at the end of World War II.
The benchmark S&P BSE Sen
The forex markets are rather consolidative today as traders are waiting for the next direction. European and Asian stock display some mild strength but that is far from being impressive. US futures are also mixed as NASDAQ might has a little retreat before deciding to extend the record run. New Zeal
Below are some key event risks to be looking out for in June
ECB rate meeting this week on June 04. The expectations are that there will be an expansion of the Pandemic Emergency Purchase Program (PEPP). According to Pictet's Frederik Ducrozet research note, the Governing Council will increase the