Blogs

Daily Commodity Outlook, May 4, 2020 

Forex

<h2></h2> <p><span>The market turned fully risk-off on Monday morning as political tensions between the U.S. and China escalated. Stocks in Asia retreated along with U.S. and European futures. The dollar climbed. Secretary of State Michael Pompeo said “enormous evidence” shows the novel coronavirus outbreak began in a labora

The Investment Bank Outlook 04-05-2020

Forex

<p>In our Investment Bank Outlook each week, we bring you a selection of perspectives from leading investment banks to outline the key issues and directional views for the week ahead. These excerpts, taken from research notes, will cover issues such as key market themes, economic releases, as well as any major trends and levels to […]

Daily Market Outlook, May 04, 2020 

Forex

<h2><span>Daily Market Outlook, May 04, 2020 </span></h2> <p><span><strong>Risk-off tone has hit the market at the start of the month and has continued overnight with most Asian equity markets in the red</strong>. Generally, however, liquidity remains thin with markets in Japan and China closed for Go

Weekly Market Outlook 04-05-20

Forex

<p>In this Weekly Market Outlook brought to you on #StarWarsDay 04-05-20, our analyst looks into the trading week ahead, possible market moving data releases across the globe and the technical analysis to accompany it! May the Fourth be with you traders!</p> <p><iframe src="https://www.youtube.com/embed/OMnRWE6LwzM" w

Is the EUR/USD Heading Down? Is Gold Trying to Jump?

Forex

<p>Good day!</p> <p>The EUR/USD is currently touching 1.0990, a local resistance level. The asset is also approaching a zone where the broken uptrend formed between 1.0636 and 1.0768 and the weekly downtrend (or the green line) between the points 1.2556 and 1.1239. The currency pair could slightly correct itself and head down with

TrendWave – Elliott wave analysis with an advanced indicator

Forex

TrendWave indicator: application, settings, template, trading strategies TrendWave is an indicator that combines the functions of a trend tool and an oscillator. Its algorithm is based on two Moving Averages, whose meeting at the key levels delivers a signal to buy or sell (the algorithm itself is a bit more complex).  TrendWave can be used [&helli

Aussie smells the problems

Forex

A new round of trade wars may break the plans of the AUD/USD bulls Has the idea of a faster recovery of China’s economy than that of the USA and Europe, suggesting one should bet on the currencies of the counties having close trade links with China, failed? In late March and early April, I strongly recommended buying […]

Analysis for oil, gold, and EUR/USD for 04.05.2020

Forex

USCrude – oil  Oil traders turned the middle-term trend up. The upside target is now at Target Zone 2 [19.17 – 18.42]. The trend key support moves to the zone of [6.77 – 5.77].  I recommend entering purchases on the correction into the broken-out Target Zone [11.67 – 10.92]. The local oil short-term trend is up. […]

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