Tag - gold

The worsening Sino-American relations and the still-there virus in the US finally pushed gold to its all-time highs and got the USD under heavy pressure across the board.

Thanks to the deterioration of the Sino-American relations, the JPY, the USD, and gold are rising while the rest go down.

Yet another volatile session in the markets…

EUR/USD surged to highest level unseen since January 6, 2019. Nasdaq surged to the record high at 10 860. Check out the video to get more trade ideas about gold, the S&P 500 and the GBP!

XAU/USD has moved this week in line with its short-term uptrend and the overall long-term uptrend reaching $1 865.

The market is really bullish today. Let’s have a closer look.

How to trade on July 21?

What will the EU leaders decide? Are we on the edge of another lockdown? Watch the video to learn the targets for EUR/USD and gold!

Short term - sideways; long term - looks like an all-time high is coming...

The USD keeps reigning in the Forex as the US infections are far from being managed while the EUR is pushed by hopes of the recovery fund; oil is revolving around $40 and gold is trying to claim higher grounds above $1 800!

The market sentiment is mixed as investors are weighing on additional government support measures amid increasing virus cases throughout the world.

Hopes for the EU recovery fund to be accepted and put to action soon are pushing the EUR higher across the board.