<p><span>Asian shares rallied to three-month highs on Monday as progress on economies reopening helped offset jitters over riots in U.S. cities and the geopolitical tensions between the U.S. and China. There was also relief that while President Donald Trump began the process of ending special U.S. treatment for Hong Kong to punish China
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Daily Market Outlook, June 1, 2020
<h2><span>Daily Market Outlook, June 1, 2020 </span></h2> <p><span><strong>The United States announced the start of the procedure to revoke the special status treatment of Hong Kong</strong>, but no further economic sanctions against China have been taken. President Trump announced that he has initiat
Oil is Coming Back to Life
<p>Good day!</p> <p>The currency pair EUR/USD approached the resistance zone formed between the levels 1.1100 and 1.1147. The asset might potentially drop away from this very important zone:</p> <p><img class="alignnone size-full wp-image-44475" src="http://blog.tickmill.com/wp-content/uploads/2020/06
NeoWave. Part 23. Progress labels and their application to triangles
I continue covering progress labels. Rules, proportions, position indicators in various types of triangles. Dear friends! In the previous articles, I covered progress labels in flat corrections. Today, I deal with the application of progress labels to different types of corrections. If you are not familiar with the NeoWave theory, I recommend you t
Gold: the pandemic starts and ends, but the liquidity remains
The way the Fed follows the experience of other central banks will determine the gold future trend I am entertained with the headlines of the articles devoted to the gold market. Something like “Gold is down amid the reopening of the US economy and the rally of stock indexes”, “Gold price is rising as investors […]
Analysis for oil, gold, and EUR/USD for 01.06.2020
USCrude – oil Oil traders are trying to break out the strong resistance Target Zone 4 [34.17 – 33.42] in the middle-term uptrend. If buyers succeed, the next upside target will be Target Zone 5 [41.67 — 40.92]. The short-term trend is up. It is clear from the shorter timeframe that bulls are testing […]
The EU delivers a fiscal stimulus package, EUR/USD back above 1.1000 – 1.1200 soon?
<p><a href="https://admiralmarkets.com/analytics/traders-blog/eu-fiscal-stimulus-markets"><img data-resize="auto" data-resize="auto" data-resize="auto" data-resize="auto" data-resize="auto" data-resize="auto" data-resize="auto" data-src="https://fxme
As Volatility Continues to Subside, Nasdaq Reports Drop in May Volumes
As was the case with April, monthly volumes continue to shrink from March’s solid performance.
NZX Names Two Further Directors of Establishment Board
Annabel Cotton and John Hawkins join Elaine Campbell and Mike Heron QC as directors of the Board.
FX Volumes at Euronext, Cboe a Mixed Bag as Volatility Normalizes
Cboe FX disclosed a trading volume of $658 billion, compared with a total of $409 billion changed hands at Euronext FX