The British pound started out the day just above the 1.15 level but found enough buying to turn things around and reach towards the 1.17 level,
EUR/USD Forecast: Showing Lackluster Performance – 25 March 2020
The Euro rallied a bit during the trading session on Tuesday but gave back a significant amount of the gains in order to form a bit of an inverted hammer.
Gold Forecasts: Markets Likely to Test Recent Highs – 25 March 2020
Gold markets have rallied significantly during the trading session on Tuesday, reaching towards the $1700 level.
Silver Forecast: In the Midst of a Relief Rally – 25 March 2020
Silver markets got a bit of a boost during the trading session on Tuesday, breaking above the $14.00 level as traders look at the Federal Reserve
GBP/SGD: Breakout Sequence to Extend Farther to the Upside – 25 March 2020
Singapore was one of the first countries to react to the Covid-19 outbreak, but initial success caused it to fall behind.
CHF/JPY: Will Bullish Momentum Breakdown Force Correction? – 25 March 2020
Hopes that economic stimulus packages and corporate bailouts will spark an economic recovery in the second half of 2020 are premature.
EUR/TRY: Pending Breakdown to Spark Massive Sell-Off – 25 March 2020
Turkey’s health ministry confirmed local Covid-19 transmission exceed imported ones after the death toll increased to 44, and total cases approach 2,000.
USD/CAD: Conditions Ripe for a New Breakdown Sequence? – 25 March 2020
Following the initial liquidity rush across the global financial system, which sparked the US Dollar to multi-year highs, fundamentals are slowly resurfacing.
EUR/USD Forex Signal: Consolidation Between 1.0881 – 1.0710 – 25 March 2020
EUR/USD: Medium/Long-term bottom at 1.0639
S&P 500 Forecast: Testing Resistance Just Above – 25 March 2020
The S&P 500 has formed a very bullish candlestick during the trading session on Tuesday, breaking above the top of the candlestick from the previous session.