Blogs

The GBP/USD formed a “head and shoulders” candle on the daily chart, increasing with a special strength, with the pair failing to overcome the 1.2517 resistance,

The EUR/USD pair tried to take advantage of investors’ giving up the dollar as a safe haven, and therefore there was an opportunity for an upward correction,

For the fourth consecutive day, gold prices continue in a downward correction range with the support of investors' risk appetite and the walk away from safe havens.

The recent downward trajectory pushed the USD/JPY towards the 106.55 support, its lowest in more than a month, before returning to stability around the 106.85 level

Germany eased several lockdown measures, which resulted in a rise in Covid-19 infections and no meaningful economic activity.

Turkey’s economy is feeling the devastating impact of the global Covid-19 pandemic.

The Euro rallied significantly during the trading session on Tuesday but give back all of the gains essentially to form a massive shooting star.

The US dollar broke down significantly during the trading session on Tuesday, slicing through the ¥107 level.

The Australian dollar initially pulled back during the trading session on Tuesday but then turned around to reach towards the 0.65 level, an area that should bring in a fresh wave of selling.

The S&P 500 has run into a brick wall on Tuesday, as we initially shot higher but found enough resistance to turn things around and form a bit of a shooting star heading into the close.