The Covid-19 vaccine news should have been a good news but it has turned to be quite mixed for equities with especially technology stocks falling hard due to rising interest rates and reversal of longer term bets.The news yesterday from Pfizer announcing that its Covid-19 vaccine is 90% effective significantly...
German ZEW: A first glimpse of the consequences of the second nationwide lockdown
The German November ZEW Survey is at the top of the economic calendar today, but it did not really drive market sentiment as investors are still focusing on Pfizer vaccine news and hopes of swifter economic recovery in 2021. Today’s German November ZEW report is one of the most important...
AUDNZD is approaching resistance | 10 Nov 2020
Price is approaching our key resistance in line with our descending trend line where we could see a reversal below this level.
AUDNZD is approaching resistance | 10 Nov 2020
Price is approaching our key resistance in line with our descending trend line where we could see a reversal below this level.
Podcast: A shot of Covid-19 vaccine news jolts markets
Markets were upside down yesterday after Pfizer's breakthrough vaccine announcement. S&P 500 equity futures jumped 3% led by gains in energy and financial stocks while Nasdaq 100 futures were selling off hard as investors are readjusting their outlook for the technology sector but also rising yields which were evident across...
Possible trend shift in EURJPY – going long
Signal ID: 73950 Time Issued: Tuesday, 10 November 2020 05:00:15 GMT Status: open Entry: 123.923 - 124.58 Limit: N/A Stop Loss: 122.938 The Tidal Shift Strategy has just bought EURJPY at 124.252. The system recommends entering this trade at any price between 123.923 and 124.58. The signal was issued because...
Market Quick Take – November 10, 2020
Global markets got quite a jolt yesterday after US drug company Pfizer announced that trials of its Covid-19 vaccine had prevented some 90% of infection. The initial reaction was a massive rally in equities, particularly in sectors and geographies like Europe, where the virus has hit most heavily. But later,...
EURUSD forming head and shoulder, more downside !
EURUSD forming head and shoulder, more downside ! Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
EURUSD forming head and shoulder, more downside !
EURUSD forming head and shoulder, more downside ! Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Commodities jolted on Pfizer vaccine news
Precious metals and energy have reacted strongly in opposite directions after Pfizer and BioNTech earlier today said their coronavirus vaccine was more than 90% effective in preventing Covid-19.Precious metals and energy have reacted strongly in opposite directions after Pfizer and BioNTech earlier today said their coronavirus vaccine was more than...