It's been almost a month since the lows were set but bears have made a stark reappearance this week.
Blogs
Australian Dollar Price Outlook: Aussie Correction Underway- Levels
Australian Dollar is off more than 2.5% from the April high with Aussie now approaching uptrend support. Here are the levels that matter on the AUD/USD technical charts.
Market Sentiment Hit by US Crude Oil Price Crash | Webinar
Trader confidence has been damaged by the crash in US crude oil prices, prompting a move out of riskier assets and into safe havens, but the impact has been less than might have been expected.
Gold Price Remains Volatile as Risk Assets Begin to Crumble
Gold remains under pressure despite the current risk-off theme, as wild price action in the oil complex casts a dark shadow over risk assets.
EUR/USD, USD/JPY & More: Chart Set-ups, Technical Outlook
The Euro is coiling up against Dollar on a major long-term trend-line, while the calm in USD/JPY looks set up to turn towards another short-term move soon, key support to watch.
Negative Crude Oil Prices Amid Historic Capitulation: Cross Asset Correlation
Historic collapse the oil complex as front-month contract goes negative. Storage concerns to weigh on June contract.
EUR/USD Remains Fragile After Mixed German ZEW Data
The latest German ZEW data paints a mixed picture, leaving Euro traders none the wiser ahead of the closely watched PMI data released on Thursday.
British Pound (GBP) Latest: GBP/USD Outlook Poor on Demand For Havens
GBP/USD is in danger of easing further on demand for safe havens following the plunge in crude oil. The latest UK jobs data have been shrugged off and this week’s Brexit talks are unlikely to affec…
Bitcoin Forecast: Oddly Quiet During Hectic Times – 22 April 2020
For those of you who are diehard Bitcoin holders, this has to be one of the strangest markets to deal with right now.
Gold Forecast: Markets to Continue Going Higher – 22 April 2020
Gold markets are more than likely going to continue going higher after the action that I have seen in the market on Tuesday.