Latest Posts
XAUUSD Bulls to Mount a Comeback?

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 ...

READ MORE +
UK Leads the Vaccination Race

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, ...

READ MORE +
Oil Rallies On EIA Drawdown News

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 ...

READ MORE +
Daily Market Outlook, December 3, 2020

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...

READ MORE +
Eur/usd: Potential Reversal Ahead?

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...

READ MORE +
WTI Crude Oil Losing the 45.00 Handle

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 ...

READ MORE +
GBPUSD Attempts to Break the Trend Line

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. ...

READ MORE +
Euro Rises to the Highest Levels Since 2018

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 ...

READ MORE +
Pfizer Shares Rally On UK Vaccine Approval

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 ...

READ MORE +
EUR/USD Recovers After ADP Employment Misses Expectations

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 ...

READ MORE +