The S&P 500 initially gapped lower on Monday but then shot straight up in the air to show signs of strength.
Blogs
USD/JPY Forecast: Confused Against Japanese Yen – 31 March 2020
The US dollar was all over the place during trading on Monday as traders are trying to figure out what to do next.
NASDAQ 100 Forecast: Testing 8000 Level Again – 31 March 2020
The NASDAQ 100 has had a strong session on Monday, after initially gapping lower. In fact, the market has closed towards the very top of the range, showing signs of strength yet again.
GBP/USD Forecast: Volatility Causing Trouble – 31 March 2020
The British pound went back and forth during the trading session on Monday, as we continue to test the 1.25 handle.
EUR/USD Forecast: Attracted to Major Figure – 31 March 2020
The Euro initially tried to rally during the trading session on Monday but has seen a lot of resistance at the 1.1150 level.
AUD/USD: Price Action Recovery to Extend Following Breakout – 31 March 2020
Panic-selling initially plunged this currency pair below the essential 0.60000 level before a massive price action reversal unfolded.
Silver Forecast: Rolling Over Towards 13 USD – 31 March 2020
Silver markets fell hard during the trading session on Monday as we have broken down from the $15.00 level.
Gold Forecast: Continuing to Tread Water – 31 March 2020
Gold markets have gone back and forth during the trading session on Monday, showing signs of noise.
WTI Crude Oil Forecast: Breaks Major Level – 31 March 2020
The West Texas Intermediate Crude Oil market has broken through a major support level in the form of the psychologically important $20.00 level.
EUR/USD Technical Analysis: The Future of the Recent Correction
A strong setback for the US dollar against most other major currencies during last week's trading, influenced by the recent weak economic data and the massive financial stimulus of the US government worth 2 trillion dollars.