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XAUUSD Bulls to Mount a Comeback?
XAUUSD has been trading with a bearish undertone since hitting record highs in August. An attempted resurgence in August saw a freefall to the $1760 area at the back end of ...
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UK Leads the Vaccination Race
Dollar Freefall Continues The US index accelerated its decline yesterday, closing 0.24% lower towards the 90 handle. Currencies that comprise the dollar index such as the euro, ...
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Oil Rallies On EIA Drawdown News
Risk On Mode Helping Oil Crude prices have been helped higher again this week by the continued improvement in risk appetite. Markets are focusing more on more on incoming vaccine ...
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Daily Market Outlook, December 3, 2020
Daily Market Outlook, December 3, 2020 Asian Equity Indices Were Mixed Despite the Us S&p 500 Closing at a Fresh High. Supportive Factors Included Re...
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Eur/usd: Potential Reversal Ahead?
Good Day, The Eur/usd Pair Broke the Psychological Level of 1.2000, Trying to Stay Above This Point. If the Asset’s Price Will Stay Above the Level O...
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WTI Crude Oil Losing the 45.00 Handle
Oil prices are trading weaker on Tuesday. The declines come despite the US dollar taking a strong hit. The move to the downside comes after oil prices failed to make any big moves ...
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GBPUSD Attempts to Break the Trend Line
The British pound sterling is posting strong gains on the back of a weaker dollar. After price action consolidated above the 1.3300 level, the cable is attempting to push higher. ...
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Euro Rises to the Highest Levels Since 2018
The euro currency is posting strong gains, rising over one percent on the day. The gains largely on the back of a weakening US dollar. Earlier on Monday, the euro gave back the ...
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Pfizer Shares Rally On UK Vaccine Approval
Shares in Pfizer are trading around 4% higher pre-market on Wednesday following news that the UK government has approved the vaccine developed by itself and German partner firm ...
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EUR/USD Recovers After ADP Employment Misses Expectations
EUR/USD fell intraday but started a recovery ahead of the employment report from Automatic Data Processing. The currency pair continued to move further up after the data missed ...
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