The Australian Dollar has recovered the entirety of the declines suffered during the coronavirus-selloff, but has since stalled near its 2020 peak. As sentiment swings, AUD/USD awaits a bullish con…
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EUR Technical Analysis: Euro Supported, EUR/USD Builds Falling Wedge
Euro strength has been on its back foot since last week's FOMC meeting. Can bulls come into defend a key zone of support in EUR/USD?
Dollar's Momentum Shifts Again – 19 June 2020
The US Dollar couldn't maintain positive momentum in the Asian trading session early on Friday, after earlier gaining strength as a safe haven currency.
GBP/USD Forecast: Lower after Breaking 50 Day EMA – 19 June 2020
The British pound has broken down significantly during the trading session on Thursday as we continue to see a lot of concerns about the British economy.
NASDAQ 100 Forecast: Trying to Break Out to New Highs – 19 June 2020
The NASDAQ 100 initially fell during the trading session on Thursday before finding buyers below at the 9865 region.
Silver Forecast: Showing Significant Amount of Volatility – 19 June 2020
The silver markets have gone back and forth during the trading session on Thursday as the $18 level was tested before pulling back towards the $17.25 level.
EUR/USD Forecast: Seeing Negative Pressure – 19 June 2020
The Euro has initially tried to rally during early trading on Thursday, but it is becoming obvious that the market is getting a bit heavy and that it is ready to break down a bit.
S&P 500 Forecast: Continues to Tread Water in Middle of Range – 19 June 2020
The S&P 500 went back and forth during the trading session on Thursday as we are hanging around the 3100 level.
AUD/USD Forecast: Likely to Continue Drafting Lower – 19 June 2020
The Australian dollar initially tried to rally during the trading session on Thursday but as you can see the 0.69 level has offered enough resistance to turn this market back around
USD/BRL Forecast: Continues to Suffer and “Risk Off Environment” – 19 June 2020
The Brazilian real continues to lose strength against the greenback as a lot of traders out there are starting to focus on the attitude of global markets in general and global growth.