<h2><span>Chart of the Day EURUSD, GBPUSD, USDCAD</span></h2> <p><strong>USD Weekly Key Reversal</strong></p> <p><span>US equities suffered a late-Friday plunge to close 3.4%. On a weekly basis, however, it posted a 10% uptick, which is the biggest gain since 2009. Oil price remains in the
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Daily Market Outlook, March 30, 2020
<h2><span>Daily Market Outlook, March 30, 2020 </span></h2> <p><b>The global financial market has started the week on the back foot</b><span> as concerns over a prolonged fight against the coronavirus continues to weigh on sentiment. Most Asian equity markets are down this morning, albeit they are off
Is the Euro About to Jump? Is this Only the Beginning?
<p>Good day!<br /> The currency pair EUR/USD has closed with a fine engulfing pattern at the end of the last trading week – forming in the supporting zone. It’s important to note that a candle has closed above the broken downtrend – possibly signifying that the asset is about to jump. The asset could move […]
Tickmill’s Investing Diva, AUDJPY Daily Outlook 30-03-20
<p>AUDJPY Daily Outlook – The US extended social distancing guidelines for another 30 days through the end of April, on Friday the Bank of Canada lowered its benchmark overnight interest rate to 0.25% to address the economic consequences of the coronavirus pandemic, and during this whole craziness, North Korea decided it’s a good ti
Weekly Market Outlook 30-03-20
<p>In this Weekly Market Outlook 23-03-20, our analyst looks into the trading week ahead, possible market moving data releases across the globe and the technical analysis to accompany it!</p> <p><iframe src="https://www.youtube.com/embed/3_O4HaKF3Vc" width="100%" height="481" frameborder="0&qu
March 30, 2020
<p><b>USD/CAD</b></p> <p><img class="aligncenter size-large wp-image-40788" src="http://blog.tickmill.com/wp-content/uploads/2020/03/t1-4-1024×469.png" alt="" width="1024" height="469" srcset="https://blog.tickmill.com/wp-content/uploads/2020/03/t1-4-1024
Key economic events and reports of the upcoming week
<p><b data-stringify-type="bold">Monday, March 30, 2020</b>Pending Home Sales (MoM) (Feb)(USD).</p> <p><b data-stringify-type="bold">Tuesday, March 31, 2020 – </b>Manufacturing PMI (Mar)(CNY), GDP (QoQ) (Q4)(GBP), German Unemployment Change (Mar)(EUR), CPI (YoY) (Mar)(EUR), GDP (Mo
Indian CB Eases Repo Rates, Joins “Easing Club” as the Country Goes Into Lockdown
<p>The Central Bank of India reduced interest rates on Friday in order to combat the economic consequences of the rapidly spreading coronavirus which puts strains on the banking system of the country.</p> <p>The Central Bank said it maintains an “accommodative” policy and will maintain it “as long as it is necessary” to revive gro
Analysis for oil, gold, and EUR/USD for 30.03.2020
USCrude – oil In the long-term timeframe, oil is trading in the middle-term downtrend. The first sell target has been reached, the second downside target is to test Target Zone 2 [18.76 – 18.30]. The trend boundary is in the zone of [25.80 — 25.24]. The short-term trend is also down. Intermediary Zone [22.06 – […]
Dollar is looking for a place to sleep
After jumping up and down in late winter – early spring, the EUR/USD may enter a consolidation period now The US dollar had the worst week over the past decade amid a surge of the global stock indexes and a lower demand for safe-haven assets. Dallas Fed chief Robert Kaplan believes that the US GDP […]