Key resistance overhead beginning at $8,000.
Blogs
Gold Forecast: Markets to Pullback in Order to Find Buyers – 28 April 2020
Gold markets pulled back a bit during the trading session on Monday to continue to show weakness.
GBP/USD Forex Signal: Still Bullish – 28 April 2020
New higher support at 1.2400 looks pivotal
GBP/JPY: Rise in Breakdown Pressures to Lead to more Selling – 28 April 2020
In a positive development, the Cabinet Office is realistic about market developments.
EUR/CAD: Will Support Zone Encourage Short-Covering Rally? – 28 April 2020
Canada’s economy is faced with increasing pressures from the sell-off across the oil market.
EUR/USD Forex Signal: Long-term bearish drift – 28 April 2020
EUR/USD: Long-term bearish drift
AUD/USD: Minor Correction to Precede New Breakout Sequence – 28 April 2020
Upon the return of the Australian government on May 12th, an unprecedented statement will be made regarding the Covid-19 pandemic.
Early optimism fades, S&P 500 reverses after test of 61.8% retracement
That didn't last long US stocks are negative across the board after the early flurry. Today is the biggest day for earnings of the quarter with 8.5% of the S&P 500 reporting. The big one after hours in tech is Alphabet.
Canada coronavirus cases rise from 47,327 to 49,025
Cases continue to climb There have been few signals about re-opening in Ontario and Quebec, where the outbreak is centered. Other parts of the country have been spared and are talking about opening.
US April Conference Board consumer confidence 86.9 vs 87.0 prior
Consumer confidence from the Conference Board This is the lowest reading since 2014. This drop in the present situation index is unreal: See here for global coronavirus case data