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Analysis for oil, gold, and EUR/USD for 15.04.2020

Forex

USCrude – oil There wasn’t a buy pattern in the middle-term uptrend. The key support has been broken out downside today. Now, the downside target is Target Zone 2 [17.69 – 17.13]. The border of the middle-term downtrend is in the zone of [27.23 — 26.56]. Oil is still trading in the short-term downtrend. Gold […]

Dollar: where are you rushing?

Forex

The US economy might completely recover by July Investors are willing to buy US stocks despite the deepest recession of the global economy since the 1930s, horrible corporate reports and record growth of the daily death rate in the USA. Everybody remembers that the stocks rally usually starts long before the end of the recession. […]

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