Blogs

<h2>Oil Hits Fresh Lows</h2> <p>It’s been a frustrating week for oil bulls. Following the mild decline seen from last week’s highs, losses have been extended this week with price trading down to fresh 2020 lows as news of a massive over-supply has dampened trader sentiment and fuelled further speculative selling.</p> <p&g

<h2><span>Chart of the Day AUDJPY</span></h2> <p><strong>AUDJPY – Probable Price Path</strong></p> <p><span>US equities declined sharply on Wednesday as dismal economic data and weak bank earnings fueled concerns over the COVID-19’s impact on the US economy. Yields on US Treasuries f

<p><b>Asian stocks fell on Thursday after U.S. stock retraced from recent high on Wednesday night.</b><span>  </span><b>Risk aversion is coming back to the market</b><span> after a slew of sluggish data from both corporate earnings and macroeconomic releases.</span><b> Treasury yields tick

<p>Good day!</p> <p>WTI oil has gradually dropped till the 19.00 level against the OPEC+ deal to cut oil output. Oil could potentially hit lows between the 19.00 and 28.00 levels and this range might become a double bottom. Therefore, it would be wise to check the candlestick formations to see if oil gradually grows.</p> <

<p>CHFJPY Daily Outlook – On Wednesday we found out that the US Big banks’ trading desks posted their strongest results in years during the first three months of 2020, even with the coronavirus stressing everyone out. However, the U.S. retail sales collapsed as coronavirus keeps consumers at home.</p> <p>The French retail sa

USCrude – oil  Oil is trading in the middle-term downtrend with a target in Target Zone 2 [17.69 – 17.13]. the key resistance of the trend is at [26.46 – 25.79]. I recommend selling oil only in the strong resistance zones, provided that there is a pattern. Oil short-term trend is also down. Traders are […]

Coronavirus dropped the US economy beneath the Earth surface Greed has given way to Fear, hasn’t it? Or the buyers of the US stocks have regained consciousness and now see the reality. The S&P 500 just can’t be rising indefinitely when the industrial production is shrinking at the highest pace since the Second World War, […]

The Swiss firm completes another funding round, raising CHF 14 million

Plus500 has purchased 21,317 shares on the 15th of April 2020.

The company is aiming to expand in the US, Europe, and the Middle East.