A weaker USD is leading to further pressure on the JPY which is currently breaking the support area. USDJPY was a great sell entry at 107.05…
Browsing: ANALYSIS
We have some positive news from the UK where Boris Johnson is set to return back to Downing Street on Monday after having been successfully cured…
The NZD is under pressure and could move lower against the dollar for the day as concerns that the Reserve Bank of New Zealand may start…
The novel coronavirus has brought upon a “series of unfortunate events”, causing most markets to plummet including the ailing oil industry. With the world now at…
Today, we saw a painful carnage in oil markets, with Crude WTI prices plummeting to as low as $14.66 per barrel, shedding nearly 19% in value.…
Markets are on a rather aggressive risk-on mood today after an experimental drug used to treat COVID-19 showed promising results. Remdesivir – a drug developed by…
European countries are making progress in flattening the curve and EU stock markets have opened higher today on renewed optimism that Eurozone economies will gradually begin…
XAU/EUR could head lower. After having noted a pin bar pattern at its resistance area, the market might favour a stronger EUR now. Meanwhile, on a…
The oil market has been beaten down by a price war with Russia and Saudi Arabia fighting the US. As the output has not been reduced…
As US markets continue to seesaw on hopes and fears over the direction that the coronavirus pandemic is taking. A peak, much less a curb seems…