Blogs

Analysis for oil, gold, and EUR/USD for 28.04.2020

Forex

USCrude – oil  Oil medium-term downtrend continues, the key resistance hasn’t yet been broken out. The key resistance is in the zone of [11.67 – 10.92]. I don’t recommend selling oil, although the trend is down. I believe the instrument is strongly oversold. I suggests expecting the trend reversal up and buy the instrument then. […]

Central banks are waking the euro up

Forex

Can the Fed and the ECB make the EUR/USD move? A bright poster does not promise an interesting show that will make the audience enthusiastic. It would seem that the important events in the week through May 1, such as the meetings of the Fed and the ECB, and the publications of GDP data in […]

UK PM Returns Following COVID-19 Recovery

Forex

<h2>UK Lock-down Adjustments Coming</h2> <p>Boris Johnson’s return to office this week, following two weeks of recovery from COVID-19, during which time Dominic Raab deputised for him, marks a significant step in the UK’s journey back from the depths of lock-down hell. Despite the UK officially being under stay-at-home orders unti

Oil: Historical Price Inefficiency Thanks to USO ETF

Forex

<p>The fall in oil prices continued on Tuesday, the June WTI contract was offered a short-term support at around $10.60, front-month Brent contract is trading below $20 per barrel. With such scary nosediving moves the question arises about the true cause of the wave of liquidation which started on Monday. Settlement of June WTI contract [&hel

The IndeX Files 28-04-2020

Forex

<h2>All Eyes On The Recovery</h2> <p>Benchmark global equities indices have been trading with renewed vigour this week as the general global focus begins to shift onto the easing of lock-downs, in some areas, and plans for easing lock-downs in others. With most developed nations seemingly past the peak of the COVID-19 outbreak, th

Daily Market Outlook, April 28, 2020

Forex

<h2><span>Daily Market Outlook, April 28, 2020 </span></h2> <p><span><strong>After sizable gains in many equity markets yesterday the market tone this morning is more cautious</strong>. Asian stock market performance has been mixed today with most moves only modest. The oil price has slipped again wit

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