Blogs

Yen is back to the game

Forex

The USD/JPY bears do not want to play a secondary role After a 5% surge of the USD/JPY over the two weeks in March amid the crash of the US stock indexes, some investors start talking that the yen has lost its status of the major safe-haven. In theory, the turn of the US stock market down […]

Analysis for oil, gold, and EUR/USD for 27.04.2020

Forex

USCrude – oil  Oil middle-term downtrend continues, as the key resistance hasn’t been broken out. The key resistance zone is [11.67 – 10.92]. I don’t recommend selling oil, although the trend is down. I think the instrument to be oversold. It makes sense to expect until the middle-term trend turns up. It will occur after […]

Euro doesn’t lose the hope

Forex

The EUR/USD bulls drew the pair above 1.08 The EUR/USD rally showed that hope is stronger than the experience in the week ended April 24. The euro buyers expect a compromise in the issue of spending the resources of the €1-trillion rescue fund and the expanding of the list of assets to buy within the euro-area QE […]

Economic calendar for the week 27.04.2020 – 03.05.2020

Forex

Overview of the main events of the Forex economic calendar for the next trading week 27.04.2020 to 03.05.2020 Trading on key Forex news: we are expecting the publication of important macro statistics from Australia, Germany, the US, Japan, the Eurozone, as well as the results of the meetings of the central banks of Japan, the […]

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