Market Analysis

November 20, 2020

GOLD Analysis

Gold Gold again defends the long-held support at $1,850. That level offered support multiple times in the second half of September and earlier this month. A close above […]
November 20, 2020

GBPUSD Out look

GBP/USD GBP/USD looks to extend its bounce towards 1.3300 heading into the UK Retail Sales release. The annualized British spending is seen higher by 4.2% in […]
November 20, 2020

EURUSD analysis

EUR/USD EUR/USD holds higher ground below 1.1900, in a sign of resilience to US Treasury Secretary Steve Mnuchin’s risk-destabilizing move. Mild risk-off on Mnuchin’s recall of Fed […]
November 19, 2020

GOLD and OIL Analysis

Gold Gold refreshes intraday low after breaking the short-term ascending trend line. RSI isn’t yet oversold, suggesting further weakness in eyeing the monthly low. September’s bottom […]
November 19, 2020

GBP/USD Analysis

GBP/USD The GBP/USD fell this morning to 1.3235. The British Pound moved higher on Wednesday, in a steady climb all day. The UK’s CPI for October […]
November 19, 2020

EUR/USD Analysis 19/11/20

EUR/USD EUR/USD is trading around 1.1850, marginally lower. ECB President Lagarde reiterated her commitment to monetary stimulus. AstraZeneca published promising results from its covid vaccine trial, […]
November 18, 2020

Oil And Gold

Oil retreats on Retail Sales and API data Profit-taking also denoted the price action in oil overnight as Brent crude and WTI fell slightly. Poor US […]
November 18, 2020

WTI Crude Oil Forecast

Oil The West Texas Intermediate Crude Oil market pulled back a bit during the trading session on Tuesday, reaching down towards the 200-day EMA before bouncing […]
November 18, 2020

EURUSD/GBPUSD

EUR/USD The EUR/USD pair edged higher this morning around 1.1868 levels. The Euro climbed in the morning on Tuesday, but gave back almost all of its […]
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