Blogs

<p>Ethereum has started the week under mild downside pressure after being strongly rejected from the $150.00 resistance level on Friday. ETHUSD sellers could test back towards the $105.00 level if a confirmed breakout below the pivotal $125.00 support level takes place. A strong move above the $150.00 level could see the ETHUSD pair rallying

<p>The British pound needs to start a strong recovery against the US dollar this week to avoid further losses towards the 1.1200 support level. Bulls will attempt to form a double-bottom pattern on the weekly time frame and keep price above the 1.1410 level. GBPUSD sellers will likely target the 1.1200 support level if a […]

<p>Asian stocks and American and European futures dropped as the fallout over Coronavirus continued. In Asia-Pacific, the ASX, Shanghai, and A50 dropped by 7.8%, 2.55%, and 2.88% respectively. In the US, futures tied to the Dow, Nasdaq, and S&P500 have dropped by more than 4%. Part of the reason is that negotiations about a big […

<p>Economic data has become sidelined during the virus crisis as the market’s attention has focused on policymakers’ response to the fast-spreading pandemic. However, as we now start receiving data for March – when the outbreak escalated outside of China – investors are likely to start taking more notice of the incoming releases. The flash PM

<p>Market movers today Focus continues to be on the development of the coronavirus and policy responses. This week attention will also turn to more data on the economic impact of the virus. On Tuesday PMIs are due for release for the euro area and the US for March. Both are likely to show a very […]

<p>General Trend: Lockdown measures by governments continue; AU and NZ announce lockdown measures; State governments in India announce lockdown of various cities across the country; NYC’s lockdown measures took effect on Sunday night at 8 PM Aussie banks drop over 8.5% amid decline in 10-year yields, Consumer Discretionary index drops over 9%

The greenback, in terms of the US Dollar Index (DXY) has started the week on a positive footing, managing to test the area of 2020 highs just below 10

GBP/USD is floating in a low range, failing to stage a meaningful recovery. Monday's four-hour chart is pointing to further losses, as FXStreet’s Yoha

This morning the RBNZ announced that it would conduct large-scale asset purchases of New Zealand Government bonds (‘QE’), following similar moves by g

Thomas Harr, PhD, Global Head of FI&C Research at Danske Bank, analyzes the depth of the current recession, the chance that it will be short-lived and