You may think that recession is the worst time for investments. Quite the opposite, it creates great opportunities to make profit.
Tag - trade ideas
If there is one thing that people all over the world share in their hearts, it is the love of sports, especially team sports. That wonderful feeling of working together towards a common goal with energy and enthusiasm is unforgettable. Every fiber of your being is concentrated on how to boost your potential to the skies and WIN. Feel that? Now, how about adding a bit of true team spirit to your trading?
EUR/JPY is likely to move further within an uptrend. Look for the break out above 121.55!
The risk-on tone is back on the market again. Let’s look at main trading opportunities.
The market sentiment improved after the positive vaccine experiment. Stocks gained and EUR/USD surged, as well. Traders await the NFP report.
If the pair crosses this level, it will surge further, otherwise – reverse. Check it out.
Zuckerberg has lost 7 billion dollars as companies pull adds from Facebook. Catch the moment!
What will drive the market this week?
Investors stay optimistic because they believe that the second wave will be offset by the additional stimulus measures from the government.
The market sentiment deteriorated as the USA and some other countries are suffering from the new virus resurgence. Investors worry that the economic reopening may be delayed.
Risk-averse weakened and riskier assets climbed up. Let’s have a closer look.
Great Britain will publish its trade balance on June 12, at 09:00 MT time.