Gold

Gold Technical Analysis Report 24 November, 2020

Gold broke powerful support level 1850.00 Likely to fall to 1800.00 Gold recently broke the support zone located between the powerful support level 1850.00 (which has been repeatedly reversing Gold from the start of August)…

Gold

Gold Technical Analysis Report 10 November, 2020

Gold reversed from key support level 1850.00 Likely to rise to 1950.00 Gold recently reversed up from the key support level 1850.00 (which previously reversed the price twice - in August and September, as can…

Gold Technical Analysis Report 30 October, 2020

Gold reversed from support area Likely to rise to 1910.00 Gold reversing some of the previous losses today after the price yesterday formed the daily Doji candlesticks reversal pattern inside the support area lying between…

Week Ahead

Uncertainty and Risks Remain for US Markets –…

After a tumultuous week in the United States investors are gearing up for more uncertainty next week as US Federal Reserve Chairman Powell reiterated several days ago that while an economic recovery has started in…

MARKETS UPDATE – October 1st

EQUITIES Europe A positive open on Wall Street encouraged a late rebound in European markets. The dismay many people felt after watching the US presidential debate was manifested in a downbeat lackluster session. After a…

Easter Monday holiday

MARKET WRAP Friday, September 18th

Yen rallies post-BOJ & UK retail sales Stock markets tip lower after conflicting messages on when a vaccine will become available. The Japanese yen has popped to a 6-week high after the BOJ lifted economic…

Forex Analysis

Forex Technical Analysis & Forecast for September 10th,…

EURUSD, “Euro vs US Dollar” The currency pair performed a decline to 1.1753 and is now correcting. Today, it might reach 1.1820, then decline to 1.1790. At these levels, a consolidation range may form. Upon…

British Pound

Forex Technical Analysis & Forecast 03.09.2020

EURUSD, “Euro vs US Dollar” The currency pair keeps developing a wave of decline to 1.1800. After this level is reached, we expect growth to 1.1850. On these levels, a consolidation range may form. This…

Forex Technical Analysis & Forecast 31.08.2020

EURUSD, “Euro vs US Dollar” The currency pair has broken away from the level of 1.1865 upwards. The market has used a trend continuation pattern and, rising, reached the local goal of 1.1919.The market is…