BoA released the report with the bullish forecast for the S&P 500 and shared its technical analysis. Let's discuss it in detail.
Daily Market Analysis
Amazon has made two important announces: its famous annual sale Prime Day and the new cloud streaming service Luna.
Gold is steadily plummeting for the third consecutive day. Where is the bottom? Let’s find out.
Bank of England Governor Andrew Bailey delivered a speech today. Let’s discuss what it means for a trader.
The New Zealand dollar is rising for the sixth straight day, outperforming its major peers. What is the reason? Let’s find out!
Oil keeps rallying for the fourth day in a row after Goldman Sachs claimed that the oil market is in deficit and also because of the recent storm in the Gulf of Mexico, which led to the sharp decline of oil production. It is the best week for oil since June!
USD/TRY continues moving upwards after breaking the all-time high of 7.50. Does it have more room to keep rallying? Let’s find out.
The Japanese yen gained amid the overall risk-off sentiment on the market. Let’s discuss the details.
USD/CHF may plummet, if the Fed's statement is dovish. Jump in to know more!
EUR/USD is edging higher amid the broad sell-off of the greenback and the overall risk-on sentiment. Let’s discuss what can stop its rally.
The pound has slumped against other major currencies amid fears over the no-Brexit deal. More details have recently come out over EU-UK tensions. Let’s get into them straight away.
Commerzbank announced its short- and long- term projections on the South African rand. Let’s discuss it in detail.