July 6: hopeful traders sell USD
Despite the rising number of the coronavirus cases in the United States, traders await an increase in ISM Services PMI and are quite optimistic.
Tag - gold
How to trade XAU/USD?
It’s simply the question of time before gold price gets to the higher levels…
Is it time to sell or buy gold?
Gold dropped significantly yesterday, while analysts predicted $1 800. Were they wrong?
July 2: markets ahead NFP
The market sentiment improved after the positive vaccine experiment. Stocks gained and EUR/USD surged, as well. Traders await the NFP report.
July 1: market is fighting uncertainty
Concerns about the coronavirus clash with hopes of recovery. Traders await the US jobs data. Watch the video to find out what this means for the major pairs!
June 30: heads up to the Fed chair testimony
The day has started with a stronger dollar, as bulls pushed USD/JPY higher.
June 26: stocks gained despite virus fears
Investors stay optimistic despite the virus outbreak in the USA and worse-than-expected jobless claims.
June 25: The USD has become stronger
During this relatively mild trading session let's look at the moves of USD/JPY, Gold and S&P 500.
XAU/USD at the new highs
XAU/USD rose to the highest levels since 2012. The advance has become stretched and the price may try to correct down.
June 24: mixed with optimism
The USD lost it's value across the board as the market got risk-on mood back; at the same time, gold climbed to $1,770 paving the way to $1,800.
June 22: gold passed 1750
The market sentiment is mixed. New cases of coronavirus decreased in China, but they surged in the USA. Also, US-China tensions weigh on the trading sentiment.
Weekly Market Outlook: June 22-26
While economies restore capacities, the market is now a hostage of second-wave virus fears. How to use such an environment to make profits?
