The NASDAQ 100 went back and forth during the trading session on Thursday, showing signs of stability yet again.
Blogs
EUR/USD Forecast: Looking for Major Bottom
The Euro initially tried to rally during the trading session but found the area near the 1.10 level would be far too resistive to continue going higher.
Silver Forecast: Forming Base in Short-term
Silver markets gapped to the upside during the trading session on Thursday but then pushed back and forth in rather volatile trading.
Bitcoin Forecast: Recovering in Short-term Trading
The Bitcoin market broke higher during trading on Thursday, clearing the $6000 level quite handily.
WTI Crude Oil Forecast: Market is Oversold
The West Texas Intermediate Crude Oil market has gapped higher to kick off the Thursday session before breaking above the $25 level.
Gold Forecast: Markets to Continue Building Base
Gold markets have gone back and forth during the trading session on Thursday, as we continue to see a lot of confusion about what to do next.
EUR/USD: Short-Covering Rally to Follow Momentum Recovery
Due to the financial meltdown in response to Covid-19, a liquidity crunch forced inflows into the US Dollar, providing a short-term boost to price action.
GBP/AUD: Can Short-Term Support Zone Reverse the Sell-Off?
After the Bank of England announced its second unscheduled emergency interest rate cut in March,
NZD/SGD: Technical Rebound Vulnerable to Fresh Breakdown
New Zealand and Singapore announced initial economic stimulus measures, the latter leading the fight against Covid-19 related disruptions.