<h2>Federal Reserve Takes Historic Action</h2> <p>Global equities benchmarks continue to plum fresh lows this week as the steady stream of selling which has characterised recent trading develops further. Indices around the world have traded lower this week despite escalating responses from central banks desperate to stop the selli

Congratulations to all, who are regular readers of this blog. Hope you enjoying good profits. Forex major pairs reacted mostly according to our predictions. Now the question is whether to book profits here or keep your positions on? Eur usd was predicted to trade with a bullish bias the pair is currently trading around 1.10550,<a […]

<p>Good day!</p> <p>The currency pair USD/RUB jumped again against the drop in oil prices. This asset might target the 85.93 level, which would be a historical maximum. It might jump even higher. We feel that a small consolidation like a flag and a pennant might form first, and then only the asset might test the […]

<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/kyKp7hy2UIE" width="100%" height="481" frameborder="0&qu

<p>USDCAD Daily Outlook – Another week, another COVID-19-filled newsfeed and potentially more panic selling of financial assets as traders price in a recession. Last week a U.S. dollar funding crisis and fears of an economic collapse had traders grabbing as much USD as they could. What will happen this week?</p> <p>We don’t

<h2><span>Daily Market Outlook, March 23, 2020 </span></h2> <p><b>In a similar vein to last week, the equity market in Asia has sold off heavily this morning</b><span>, with futures pointing to further losses in European and US bourses today. This follows a further increase in the reported death toll

<p>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 […]

<h2>Gold</h2> <p>Gold prices remain under pressure this week as the sell-off in global asset prices continues. Safe-haven demand for the US Dollar is dragging gold prices lower as investors move money out of other assets and into the greenback.  In the US, Congress is finalising plans for a $425 billion emergency relief package fo

<h2><span>Chart of the Day EURUSD</span></h2> <p><strong>EURUSD another leg lower before correction</strong></p> <p><span>SP500 futures gapped lower and locked limit down on last night’s open – recovering slightly through the night – with Asian markets following, due to a further increase

<p>The head of St. Louis FRB, James Bullard, attempted to put an end to the issue of “behind the curve” Fed, saying that unemployment could jump up to 30% in the second quarter. This jump would be caused as the onset of infection prompts the government to deepen restrictions which have a destructive impact on […]