GBP/USD Dives To New 2020 Low, More Losses Likely
Elliott Wave view in GBPJPY suggests that the decline from December 13, 2019 high is unfolding as a...
Dow Jones Outlook: Dow Returns to Red after Fed Action Failed to Calm Markets
The Dow Jones opened lower and hit limit down on Monday, erasing last Friday’s recovery as investors continue...
EUR/USD Quite Calm About the Rate So Far
On Monday morning, EUR/USD is slowly growing and trading close to 1.1130. The US Federal Reserve cuts the...
Market Morning Briefing: Aussie Has Fallen And Could Test Interim Support Near 0.60
STOCKS The surprise move from the US Federal Reserve to cut rates by 100 bps from 1%-1.25% to...
CHI 50 Index Seems Held in a Beutral Structure as Buyers Resurface ahead of Low
China A50 index (Cash) looks undecided since the beginning of March after rebounding off the 12,528 level, following...
GER 30 Index Bounces from 4-Year Low; Bearish-to-Neutral in Short-Term
The German 30 stock index is heading into the weekend with massive losses for the second time in a...
WTI Holds Directionless Near-Term Mode But Risk Remains Shifted to the Downside
WTI oil price remains within this week’s range ($27.67/$36.58), established after early Monday’s crash, when oil prices collapsed...
AUD/USD Outlook: Bears Take A Breather After RBA’s Intervention But Risk Remains At The Downside
The Aussie is consolidating after nearly 3% fall on Thursday that pushed the price to new 11-year low...
EUR/USD Is Below 1.1200
On Thursday, the EUR/USD currency pair tested the support level formed by the weekly S1 at 1.1097. During...
GBP/USD Declined To 1.2550
Yesterday, the GBP/USD exchange rate declined to the weekly S3 at 1.2531. During Friday morning, the rate reversed...
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