Silver markets bounced a bit during the trading session on Tuesday, as the $14.90 level has offered significant support, which extends all the way to at least the $15.00 level.
Blogs
Gold Forecast: Respecting Big Figure – 06 May 2020
Gold markets have spent most of the day on Tuesday bouncing back and forth around the $1700 level, an area that will of course attract a lot of attention
WTI Crude Oil Forecast: Rallies Yet Again – 06 May 2020
The West Texas Intermediate Crude Oil market has rallied yet again during the day on Tuesday but looks like it is heading towards a resistance barrier
USD/ZAR: Minor Pause in Sell-Off to Reignite Corrective Phase – 06 May 2020
South Africa lowered its Covid-19 lockdown to level four, allowing approximately 1.5 million employees to return to work this week.
GBP/USD: Is a New Breakout Sequence in the Process of Forming? – 06 May 2020
UK Covid-19 related deaths are now the highest in Europe, exceeded globally only by the US, home to the most infections and deaths.
EUR/AUD: Rising Breakdown Pressures to Extend Corrective Phase – 06 May 2020
Following preliminary first-quarter Eurozone GDP data, showing a record contraction of 3.8%,
The World is Facing Increasing Food Shortages – 06 May 2020
The advance of the COVID-19 epidemic has caused serious disruptions on the global food supply chains, which have begun to cause shortages of products
Forex Source Market Wrap: Fragile risk tone moderates into close
End of the European Session wrap At the end of the European session the Forex Source Analysts post a video wrap. In this video the final outlook for the currency pairs discussed during the session is given. In today's market wrap Giles Coghlan discusses the EURNZD and AUDUSD currency pairs highlighted during the session for
UK total coronavirus deaths top 30,000. Cases top 200,000
Cases exceed 200K See here for global coronavirus case data
New York death toll from coronavirus up 232 versus 230 yesterday
Hospitalizations slightly lower – death toll 232 versus 230 yesterday – caution in the number of deaths. – Death numbers may change based on older cases, home deaths See here for global coronavirus case data