Blogs

<h2>Lower Projections Cited</h2> <p>The World Bank has released its latest set of economic growth forecasts for the year and is now projecting a deeper downturn than previously forecasted. The “June 2020 Global Economic Prospects” release comes just days after an explosive US jobs number which raised questions over the current eco

<h2>US Jobs Number Raises Recovery Hopes</h2> <p>While global equities benchmarks remain broadly supported, upside momentum has stalled a little this week following a bumper US jobs report on Friday. The NFP for May came in at a record 2.5 million. This reading was in stark contrast to the -7.5 million figure expected and reflects

<h2><span>Daily Market Outlook, June 9, 2020 </span></h2> <p><span>US S&amp;P equity index erases 2020 losses, although sentiment was more mixed during the Asian session despite Wall Street closing at a 15-week high. Japanese markets in particular were weighed down by news that North Korea is cutting contacts

<p>GBPUSD Daily Outlook – Last week the USD continued to get hurt by mass U.S. protests and continued U.S.-China tensions, despite the continued “reopening” theme driving risk sentiment more towards the positive side. The British Pound, on the other hand, was a net positive performer despite net negative economic updates from the UK.<

<p><span>Asian stocks turned mixed after another strong rally in the U.S. session. Investors are weighing whether the global rally may be excessive given still-poor economic conditions. Treasuries and the yen are on the rise. The market is quite mixed or even skewed to the negative side as the rich valuation is capping investors’ confid

<h2><span>Chart of the Day GBPJPY</span></h2> <p><strong>GBPJPY Pivotal 140.50 test – Potential Reversal Zone</strong></p> <p><span><strong>The US employment data was far better than expected</strong>. The US dollar index closed last Friday, rising 0.3% to 96.9, ending th

<p><a href="https://admiralmarkets.com/analytics/traders-blog/gold-bulls-choppy-break-out"><img data-resize="auto" data-resize="auto" data-resize="auto" data-src="https://fxmedia.s3.amazonaws.com/articles/remote/aea8d94896b058ea1b11adb8e6d6e6f9.jpeg"></a></p><p>Go

GE: Fundamental and technical analysis. Supercycles. Wave structure. Key levels. Bill Williams’ trading system. Trading plan This article is devoted to one of the most interesting blue chips of the US stock market  – General Electric Company. History of GE The history of General Electric Company starts in 1878 and is linked to legendary inven

Channeling and Fibonacci relations in corrective patterns. Properties. Proportions. Application. Dear Friends! In the previous training articles, I covered progress labels in different types of corrections. Today, I will explain Fibonacci relations and correction identification with channeling. If you aren’t yet familiar with the NeoWave theory, I

New Zealand got benefits in the economic recovery due to the victory over coronavirus In late March, I recommend buying the New Zealand dollar, and I could have been criticized by many analysts. The NZD/USD pair was trading close to its 11-year low, the stock indexes showed no signs of growth, and the concerns about global recession […]