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Daily Commodity Outlook, June 10 2020

Forex

<p><span>Asian stocks went higher after the correction in the U.S. equity market on Thursday night. S&amp;P 500 futures are up more than 0.5%. Yesterday’s setback in U.S. shares is quickly becoming ancient history. Treasuries, gold and the yen –- the havens –- are floundering. The market has seen a wild rally not only in quality [&h

Daily Market Outlook, June 10, 2020

Forex

<h2><span>Daily Market Outlook, June 10, 2020 </span></h2> <p><span><strong>Asian equity market is mostly modestly higher this morning</strong>. China’s annual CPI inflation slipped to 2.4% in May (from 3.3% in April) as pressure from food prices eased. PPI inflation was -3.7% (from -3.1% in April) re

Tickmill’s Investing Diva, USDJPY Daily Outlook 10-06-20

Forex

<p>USDJPY Daily Outlook – On Tuesday we found out the Eurozone GDP was down by 3.6% and employment down by 0.2% in the first quarter of 2020 and Australia’s consumer sentiment rebounded to pre-pandemic levels.</p> <p>Welcome to the Tickmill update, I’m Kiana Danial the founder of the Invest Diva movement. Make sure to subscr

Analysis for oil, gold, and EUR/USD for 11.06.2020

Forex

USCrude – oil Oil middle-term uptrend is slowing down. The price is now trading under the resistance Target Zone 5 [41.67 – 40.92]. The trend key support is in the zone of [31.01 – 30.11]. To sell oil in the correction, we need a corresponding pattern, which hasn’t yet formed. To enter buy trades, we […]

Fed doesn’t want a weaker dollar

Forex

Jerome Powell’s dovish tone hasn’t supported the EUR/USD rally The US strong jobs report for May should have encouraged the Fed to demonstrate confidence in a soon rebound of the US economy after the shock resulting from the pandemic. However, Jerome Powell did what he should. The Fed’s chair didn’t make the mistake of the […]

Turtle soup + 1

Forex

Peculiarities of the popular strategy Those who make decisions are responsible for them. A decision to open a trade is a prerogative of a trader, who needs to take account of market professionals’ and the crowd’s behaviours. Many traders prefer waiting for a trading day to close. Thus, the traders who use the Turtle soup […]

Analysis for oil, gold, and EUR/USD for 10.06.2020

Forex

USCrude – oil Oil price is being corrected down in the middle-term uptrend. The correction target is Target Zone [31.01 – 30.11], it is the key support. After the zone is tested, it will be relevant to enter new purchases with a target in Target Zone 5 [41.67 — 40.92]. Let us look at the […]

Dollar lets out doves

Forex

EUR/USD is up to three-month highs as Jerome Powell is expected to sound dovish The best is the enemy of good. The Fed is in a difficult situation after the publication of the US jobs report for May. The drop in the unemployment rate and the biggest surge in employment since the end of World […]

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