Crude oil is currently attempting to make a crucial breakdown below an important support level, which would blast the price to a 3-years low. The week began more than promising for the precious commodity, which climbed with nearly 5 per cent during Monday’s trading session. However, things have been steadily deteriorating since then, and the price is currently attempting to close down below the significant support level at 45.00.
Read full analysisSince the release of our previous analysis on the NZDUSD on the 3d of February, the pair has moved by more than 200 pips in our projected direction. In light of the recent global developments [...] the underlying market sentiment has changed dramatically. [...] the present analysis is aimed at underscoring those internal and external pressures in order to investigate the most likely development of the price action in the short run.
Read full analysisDirectional trading on gold becomes very difficult under the current conditions on the market, however, the behaviour of the volatile price action underlines the prevailing market sentiment, which is currently driven by the еactions of major central banks. This, in turn, opens up the possibility of trading on the anticipated price swings, which are underscored by the present analysis.
Read full analysisGlobal stocks wiped out more than a trillion dollars last week when it became apparent that the outbreak of the coronavirus was not contained within China and that the virus is spreading globally. [...] the purpose of today’s analysis is to examine whether [...] the Dow will correct all of its recent losses in the following days, or this last-ditch attempt to continue the bullish trend is the final obstacle before the selloff is continued.
Read full analysisThe two central banks' interest rate decisions are almost certainly going to prompt even more volatility than the one that is currently underpinning the AUDCAD's price action, which consequently creates some quite exciting trading opportunities. [...] The purpose of the current analysis is to [...] highlight the most likely outcomes of the two monetary policy meetings to establish the next direction in the development of the AUDCAD.
Read full analysis[...] the purpose of this analysis is to evaluate those external pressures and the behaviour of the price that was observed during this week’s selloff, in order to project the next most likely development of the crude oil. First of all, however, it should be cautioned against speculative trading in these volatile conditions. The commodity market, in particular, has become especially reactive due to all of [...]
Read full analysisThe purpose of this analysis is to advance a detailed examination of USDCHF’s price action and its current behaviour in light of the ongoing coronavirus situation as it continues to develop and to underpin the likely turning points in its direction. Thereby, the ultimate goal of the analysis is to highlight how and when such range-trading strategies can be applied with the greatest expected returns.
Read full analysisThat date, the 27th of April, becomes the first significant steppingstone in the process of handling the outbreak of the virus, and it would demonstrate whether we are getting any closer to developing an effective treatment. Because of that, the share price of Gilead is likely to experience massive fluctuations in the following weeks [...] Therefore, this analysis is dedicated to examining the current behaviour of the company's share price [...]
Read full analysisOver the last several days, Italy was struck with over 200 confirmed cases of the deadly coronavirus. [...] Vast portions of the wealthy Lombardy and Veneto regions are currently placed under lockdown after Italy became the most affected country in Europe. [...] the main purpose of this analysis is to evaluate the negative impact of the current situation on the index's price and to establish how low the price can go before it finds support.
Read full analysisSome traders like to think of CADJPY as a commodity-driven pair, given the loonie’s strong correlation with the price of crude oil and the yen's usage as a safe-haven asset similar to gold. Because of that [...] it's price is frequently driven by external pressures such as the coronavirus's global spread. This analysis delves into the current behaviour of the pair and investigates the likely impact of COVID-19 on its price action.
Read full analysisCrude oil is currently attempting to make a crucial breakdown below an important support level, which would blast the price to a 3-years low. The week began more than promising for the precious commodity, which climbed with nearly 5 per cent during Monday’s trading session. However, things have been steadily deteriorating since then, and the price is currently attempting to close down below the significant support level at 45.00.
Since the release of our previous analysis on the NZDUSD on the 3d of February, the pair has moved by more than 200 pips in our projected direction. In light of the recent global developments [...] the underlying market sentiment has changed dramatically. [...] the present analysis is aimed at underscoring those internal and external pressures in order to investigate the most likely development of the price action in the short run.
Directional trading on gold becomes very difficult under the current conditions on the market, however, the behaviour of the volatile price action underlines the prevailing market sentiment, which is currently driven by the еactions of major central banks. This, in turn, opens up the possibility of trading on the anticipated price swings, which are underscored by the present analysis.
Global stocks wiped out more than a trillion dollars last week when it became apparent that the outbreak of the coronavirus was not contained within China and that the virus is spreading globally. [...] the purpose of today’s analysis is to examine whether [...] the Dow will correct all of its recent losses in the following days, or this last-ditch attempt to continue the bullish trend is the final obstacle before the selloff is continued.
The two central banks' interest rate decisions are almost certainly going to prompt even more volatility than the one that is currently underpinning the AUDCAD's price action, which consequently creates some quite exciting trading opportunities. [...] The purpose of the current analysis is to [...] highlight the most likely outcomes of the two monetary policy meetings to establish the next direction in the development of the AUDCAD.
[...] the purpose of this analysis is to evaluate those external pressures and the behaviour of the price that was observed during this week’s selloff, in order to project the next most likely development of the crude oil. First of all, however, it should be cautioned against speculative trading in these volatile conditions. The commodity market, in particular, has become especially reactive due to all of [...]
The purpose of this analysis is to advance a detailed examination of USDCHF’s price action and its current behaviour in light of the ongoing coronavirus situation as it continues to develop and to underpin the likely turning points in its direction. Thereby, the ultimate goal of the analysis is to highlight how and when such range-trading strategies can be applied with the greatest expected returns.
That date, the 27th of April, becomes the first significant steppingstone in the process of handling the outbreak of the virus, and it would demonstrate whether we are getting any closer to developing an effective treatment. Because of that, the share price of Gilead is likely to experience massive fluctuations in the following weeks [...] Therefore, this analysis is dedicated to examining the current behaviour of the company's share price [...]
Over the last several days, Italy was struck with over 200 confirmed cases of the deadly coronavirus. [...] Vast portions of the wealthy Lombardy and Veneto regions are currently placed under lockdown after Italy became the most affected country in Europe. [...] the main purpose of this analysis is to evaluate the negative impact of the current situation on the index's price and to establish how low the price can go before it finds support.
Some traders like to think of CADJPY as a commodity-driven pair, given the loonie’s strong correlation with the price of crude oil and the yen's usage as a safe-haven asset similar to gold. Because of that [...] it's price is frequently driven by external pressures such as the coronavirus's global spread. This analysis delves into the current behaviour of the pair and investigates the likely impact of COVID-19 on its price action.