With the beginning of this week’s trading, the EUR/USD pair succeeded in rebounding higher, reaching the 1.1332 resistance, after the recent downward corrections that pushed the pair towards the 1.1212 support.
Blogs
Gold Technical Analysis: Second Wave May Increase Gains – 16 June 2020
In the beginning of this week’s trading, gold price fell to the $1704 support, with a positive shift in the performance of global financial markets, which increased the profit-taking sell-offs.
GBP/USD Technical Analysis: Brexit Concerns Determine Fate – 16 June 2020
Gains are still facing caution and anticipation over the course of Brexit negotiations.
USD/JPY Technical Analysis: Bearish Control Still Stronger – 16 June 2020
Before the announcement of the Japanese central bank monetary policy today, the USD/JPY pair remained under downward pressure.
AUD/USD Forecast: Continues Trying to Break Out – 16 June 2020
The Australian dollar initially plummeted during the trading session on Monday as traders were concerned about the coronavirus having an effect on the global growth situation,
NASDAQ 100 Forecast: Finding 9500 a Place of Interest – 16 June 2020
The NASDAQ 100 has broken down significantly initially to kick off the trading week, but then turned around quite massively
Silver Forecast: Finding Buyers After a Significant Dip – 16 June 2020
Silver markets fell significantly during the trading session initially on Monday but found enough support near the $17 level to turn around and form a massive hammer.
GBP/USD Forecast: to Continue Chopping Sideways – 16 June 2020
The British pound has initially fallen during the trading session on Monday to kick off the week but found enough support at the 50 day EMA to turn around and rally a bit.
Bitcoin Forecast: Volatile Session, Finding Buyers – 16 June 2020
Bitcoin markets initially fell during the trading session on Monday, reaching down towards the 50 day EMA.
EUR/USD Forecast: Showing Signs of Resiliency – 16 June 2020
The Euro has gapped lower on Monday to turn around and show signs of negativity as markets sold off anything related to risk.