2020 has proved that the market can crash without warning. Whether the market falls or not, some stocks always remain interesting for investors.
Daily Market Analysis
EUR/USD is supported around 1.1750. However, the pair has already fallen below the summer support line. We’ll view buy trades only when the pair returns above 1.1800.
Asian equity markets were lower across the board amid strong headwinds from Wall Street where the tech rout intensified on return from the long weekend.
Gold continues to stand below the 23.6% retracement area. Bears gain strength.
Is the British Pound likely to crush the long-term resistance against the JPY?
The pair is trading in a bearish sentiment below the cloud. The currency pair has just surpassed the Kijun-sen and the Tenkan-sen, confirming a bearish momentum.
Such credible banks as Bank of America and Citigroup made extremely bullish forecasts from $3 000 to $5 000. It’s hard to imagine right now, but let’s discuss why it may become true.
The JPY is the strongest and the GBP is the weakest as the European afternoon session begins. Jump in for the fresh analysis!
AUD has been going up lately against the USD. How that may change with the coming RBA session?
According to Credit Agricole SA, the British pound is going to plummet to 1.20 in case of the impasse over the Brexit deal.
Asian equity markets began the week indecisively as the region reflected on Friday’s US jobs release and continued tech-related losses on Wall Street.
The US Dollar consolidated gains on Friday but was set for its biggest weekly rise in two and a half months.