GBP/USD is now gyrating the daily pivot point at 1.3308
Daily Market Analysis
The Japanese yen outperformed the US dollar. Here’s fresh trading ideas for the pair.
After an epic fall recently, the gold price is in correction mode. What is the long-term technical outlook?
What are the forecasts for the oil market? Is there any hope of a recovery?
The British pound keeps rallying for the second day, despite the overall sell-off on the market. What are the reasons?
European stock markets traded lower Friday, with travel stocks weighing after Britain added more countries to its quarantine list while Chinese data suggested a slow economic recovery.
European stock markets are seen opening cautiously higher Friday, with Chinese economic data suggesting a slow recovery ahead of the release of quarterly growth numbers for the eurozone.
US stocks are set to open marginally lower Thursday, consolidating after strong gains the previous session
AUD approaches the strong resistance at 0.7185. What may happen next?
Asian equity markets traded with a lacklustre tone following on from a weak lead from US where the major indices faltered in late trade.
Price action in USD/JPY is in line with the bearish harmonic pattern “Gartley”. The pair has approached resistance at 106.88 (descending 50-day MA).
Futures tracking the S&P 500 index hit a record high on Tuesday as investors shrugged off simmering US-China tensions to bet on a stimulus-led economic recovery from the COVID-19 pandemic.