The pound experienced one of the worst week these years. Johnson and the deadlines greatly spoiled the mood for buyers of the British currency. The ghost of an exit without a deal materialized again. However, its probability is no more than 25% (according to Goldman Sachs analysts), many hastened to take profits from the sharp growth of the pound in the...
In our previous reviews, we have repeatedly spoken about the bubble that swelled in the US stock market and that the sale of shares of American companies or the stock market as a whole is a unique trading opportunity that happens 1-2 times in trading life. Accordingly, to miss such an opportunity is simply a crime against trading. There are more and more signs of...
Gold has again failed to pierce solid resistance around 1480. Today's partisan Trump impeachment vote by the majority House Democrats sparked a spike in the gold price, but it soon fizzled at resistance points. A fall to the short-term channel bottom is possible or a test of lower support levels. A positive MACD on the daily chart gives hope for the long awaited...
In today’s market insights I will talk about the cautious market reaction to the US-China trade deal announcement and what to look for in this week’s volatile session! Yes, I am still expecting markets to move considerably despite the festive season approaching. I analyze the leading NASDAQ and the US index and explain why I expect equities to continue...