Today we look at the weakness in the US equity market late in yesterday's session, ponder whether the market could struggle to look through the near term Covid-19 doom and gloom, highlight the complacency on the situation in the EU after Poland and Hungary vetoed the EU budget and recovery...
USDCAD is facing bullish pressure | 19 Nov 202
Price is facing bullish pressure from our support where we could see a bounce above this level.
USDCAD is facing bullish pressure | 19 Nov 2020
Price is facing bullish pressure from our support where we could see a bounce above this level.
ETH bounce from support, potential for a further rise
ETH bounced off 461.65 where it could potentially rise further to 505.88 Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
ETH bounce from support, potential for a further rise
ETH bounced off 461.65 where it could potentially rise further to 505.88 Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
Market Quick Take – November 19, 2020
The market mood has turned a bit more cautious yesterday and overnight, with equity markets generally losing steam after a recent run higher, although US small cap stocks remain an outlier on the strong side. US Retail Sales in October showed the weakest growth in six months, suggest a more...
AUDUSD is facing bearish pressure | 19 Nov 2020
Price is facing bearish pressure where we could see a reversal below this level to our first support level . Ichimoku cloud is showing signs of bearish pressure as well in line with our bearish bias.
AUDUSD is facing bearish pressure | 19 Nov 2020
Price is facing bearish pressure where we could see a reversal below this level to our first support level. Ichimoku cloud is showing signs of bearish pressure as well in line with our bearish bias.
Breakout Identified in EURJPY
The Breakout Opportunities system has just sold EURJPY at 122.914. The system recommends entering this trade at any price between 122.729 and 123.077. The signal was issued because the EURJPY has broken its 24-hour low while our Speculative Sentiment Index was at 1.68, suggesting that the EURJPY may have further...
Virus fear offsetting vaccine news
Stocks struggled overnight, ending the session lower as surging COVID19 hospitalisations in the US weighed on sentiment, with restrictions increasing in various US states, overshadowing positive vaccine newsStocks struggled overnight, ending the session lower as surging COVID-19 hospitalisations in the US weighed on sentiment, with restrictions increasing in various US...