Blogs

Forex is exiting lockdown

Forex

Enter trades on G-10 currencies according to the speed of their economic recovery The major Forex driver most of the time is the monetary policy of central banks that serves as a kind of indicator representing a state of an economy. However, in 2018-2019, the major market driver was trade wars, in 2020, it is […]

Analysis for oil, gold, and EUR/USD for 25.05.2020

Forex

USCrude – oil  Oil middle-term uptrend continues. The target is Target Zone 4 [34.17 – 33.42]. If this zone is broken out upside, the next upside target will be Target Zone 5 [41.67 — 40.92]. The short-term trend is up. Last week, the price was corrected down to the zone of good buy prices [30.72 […]

Dollar remembers the problems

Forex

The pandemic has worsened the problems of the global economy and weakened the global economic state You can’t be sure about anything. The EUR/USD should have rallied up as France and Germany agreed with the fiscal stimulus of €500 billion and the ECB is willing to continue doing its best to support the euro-area economy despite the […]

Economic calendar for the week 25.05.2020 – 31.05.2020

Forex

Overview of the main events of the Forex economic calendar for the next trading week 25.05.2020 to 31.05.2020 Trading on key Forex news: we are expecting the publication of important macro statistics from Germany, Canada, the Eurozone, the US, and Japan. Despite another increase in trade and political tensions in relations between the United States

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