The GBPUSD has been trading within the boundaries of a narrowly defined range since the aftermath of the coronavirus crisis in late-March. The persisting uncertainty relating to the economic fallout from the pandemic coupled with the protracted Brexit negotiations have prompted the pair's seemingly directionless price action within the confinements of the range. [...]

European stocks continue with their steady advance as many countries within the Eurozone ease their containment restrictions. The rally is further supported by the underlying trends in the global stock market. US tech stocks are continuously rising as investors bet on the robustness of the ongoing economic recovery. A positive spillover effect is being felt in the Eurozone, and major European stocks are [...]

The EURGBP seesawed during the most turbulent times of the coronavirus crash in March, but the pair's price action has stabilised since then. Recently, it established a new peak in the underlying bullish trend's progression, which could be the final step of its development. A bearish trend reversal has been anticipated ever since we examined the EURGBP in our previous analysis, and at present, this assertion [...]

The precious commodity climbed more than $6 per ounce since the height of the market rout in late-March, which was triggered by the coronavirus crisis. The surge in demand for silver was impacted positively by gold's bullish run that was unfolding at the same time. Both developments can be attributed to investors' heightened demand for safe-haven assets, which typically encompass low-risk securities [...]

The AUDNZD did not manage to break out above the Distribution range that was outlined in our last analysis of the pair's price action. As it was argued back then, the AUDNZD appears to be in the early stages of developing a new bearish trend, and this assertion is now further supported. The underlying price action is increasingly exhibiting behavioural traits that are typically associated with prevailingly [...]

Crude oil has been consolidating in a tight range ever since our previous analysis of the commodity's price action. This is partly due to the gradually increasing aggregate demand worldwide, as governments ease their restrictions, and partly due to the recovering industrial activity. Moreover, the supply glut from the beginning of the coronavirus crisis, which inspired the crash in the energy market [...]

American stocks ceased depreciating last week after the FED released positive data concerning the 2020 stress tests. According to the Board of the Federal Reserve, most US banks have enough liquidity to weather even deeper economic slumps. This means that the overall financial framework in the country can withstand the economic ripples that are to be expected if a second coronavirus wave hits the markets. [...]

Despite the recent resurgence of confirmed COVID-19 cases globally, investors' sentiment seems to be improving . This tendency is supported by the robust performance of US banks, which was revealed by FED's stress tests . While severe uncertainty continues to weigh down on the prospects for global recovery, the underlying economic conditions seem to be stabilising. [...]

The recent rise in the demand for the precious commodity stemmed from the resurgence in COVID-19 cases in the US and elsewhere, as governments continue to ease containment restrictions. Owing to the once again growing numbers of confirmed cases, the global uncertainty that continuously casts a shadow over the prospects for economic recovery is once again heightened. [...]

Ever since the coronavirus crisis started jolting the financial markets in late-February, investors and traders worldwide looked for safe-haven securities with low associated risk to protect their capitals against the spurring uncertainty. Several months into the constantly evolving situation and the Euro emerges as one of the most sought after assets. [...]