<p>The specter of the China debt crisis, which for some time dropped off market radar due to the shifting of the epicenter of Covid-19 outbreak outside the country, again reminded about itself after the central bank unexpectedly took stabilization measures. PBOC has unexpectedly increased banks’ reserves by 50 billion yuan this morning
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Precious Metals Monday 30-03-2020
<h2>Gold</h2> <p>The gold market saw a dramatic recovery last week, with price rallying almost 11% on the week. Price has now recovered more than 13% off the 2020 lows. Last week marked a shift in investor sentiment as asset price began recovering in the wake of the latest central bank easing announced last week. The […]
The Investment Bank Outlook 30-03-2020
<p><span>In our Investment Bank Outlook each week, we bring you a selection of perspectives from leading investment banks to outline the key issues and directional views for the week ahead. These excerpts, taken from research notes, will cover issues such as key market themes, economic releases, as well as any major trends and levels to
Global demand in free fall driving WTI Oil dynamically lower
<p><a href="https://admiralmarkets.com/analytics/traders-blog/global-market-down-oil-lower"><img data-resize="auto" data-resize="auto" data-resize="auto" data-resize="auto" style="width:auto;" data-src="https://fxmedia.s3.amazonaws.com/articles/remote/a99d8f647d6fd5559b
The US gets a stimulus, but Equity markets to see a bear market rally?
<p><br></p><p><a href="https://admiralmarkets.com/analytics/traders-blog/us-stimulus-markets-bounce-bears-rally"><img data-resize="auto" data-resize="auto" data-resize="auto" data-resize="auto" data-resize="auto" data-resize="auto" data-resize=&qu
Anatomy of the Great Depression 2020
Global economic crisis 2020. Development scenario. Possible causes and effects. Dear friends, More and more people are starting to speak of a real economic crisis, but it’s not what we should be frightened of. What we should really fear is an economic depression. Economic cycles Every economist knows about the theory of economic cycles. […
NeoWave. Part 5. Retracement Rule 3.
The NeoWave theory by Glenn Neely. The third rule of retracement proportions and the conditions to apply retracement rule 3 Dear friends! We continue studying the rules of retracement based on the NeoWave theory (based on the famous book by Glenn Neely Mastering Elliott Wave). Today, I am going to explain the third Rule of […]
Candlestick patterns
How to read forex candlestick patterns Today, I’d like to elaborate further on one of the technical analysis tools, in particular, on a well-known topic, forex candlestick analysis. From this article, you will learn the answers to the general questions. What is candlestick chart? Is forex candlestick patterns strategy efficient? How to read stock c
Forex in April: oil is leading currencies into battle
Will oil prices increase and the S&P 500 consolidate? It seems useless no sense to employ statistics in the period of market shocks and recessions. Even 7% and 10% rally of the US dollar versus the euro and the Japanese yen in the middle of March proves the opposite. Yes, in early spring, I recommended considering […]
Analysis for oil, gold, and EUR/USD for 31.03.2020
USCrude – oil In the medium-term oil price chart, the lows of March 23 and 18 have been broken through. The price hasn’t been consolidated below the low of March 18. The price has also shortly failed to reach Target Zone 2 [18.76 – 18.30]. The current market situation looks like a false breakout of […]