The S&P 500 pulled back slightly during the trading session on Monday and then shooting higher.
Blogs
EUR/USD Forecast: Continues to Show Signs of Weakness – 28 April 2020
The Euro rallied a bit during the trading session on Monday but then turned right back around to form a bit of a shooting star against the greenback.
GBP/USD Forecast: Continues to Find Sellers at Same Place – 28 April 2020
The British pound has rallied a bit during the trading session on Monday to kick off the week, but we continue to see sellers in the same region, essentially the 1.25 handle.
NASDAQ 100 Forecast: Likely to Face Headwinds – 28 April 2020
The NASDAQ 100 initially tried to rally during the trading session on Monday, and did in fact to a point, but has pulled back to show signs of exhaustion towards the end of the day.
AUD/USD Forecast: to Reach Towards Major Resistance Barrier – 28 April 2020
The Australian dollar has broken out during the trading session on Monday, as we have cleared the 0.6450 level.
WTI Crude Oil Forecast: Likely to Continue Showing Signs of Concern – 28 April 2020
The WTI Crude Oil market broke down a bit during the trading session on Monday, losing quite a bit of the gains from last week.
Silver Forecast: Markets Likely to Continue Lackluster Grind Sideways – 28 April 2020
Silver markets have done extraordinarily little over the last several trading sessions, as the market dances around the $15.20 level.
USD/ZAR: Selling Pressure is Expanding Below Resistance Zone – 28 April 2020
South African finance minister Mboweni outlined one possible labor market reform for the post-Covid-19 economy, targeting restaurants.
USD/INR Forecast: INR Likely to Find Pressure Against the USD – 28 April 2020
The Indian rupee is likely to find a bit of pressure when facing the greenback during the trading session on Tuesday.