Weekly forex data: elections and covid-19 cases in focus
The spike in covid cases around the world over the weekend has led to nervousness in many markets. This week’s focus is also the runup to the American elections.
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Technical analysis of XAUUSD
Gold has continued to move up this week as new measures are considered against covid-19’s economic effects around the world. Check out important areas on XAUUSD H4 here.
Weekly forex data: inflation and earnings season
Shares have generally started the week positively after data revealed China’s economic recovery from the pandemic. Earnings of major corporations are key this week.
Weekly dollar roundup: AUDUSD and USDCAD
Various negative fundamentals continue to be active for the dollar, driving USD down in most of its pairs this week. This post covers special requests for AUDUSD and USDCAD.
Technical analysis of US500
US500 has continued upward this week and breached the 50% Fibonacci retracement area as risk-on returns to markets. Here’s a look at the four-hour chart.
Technical analysis of XAUUSD
Despite the current return to ‘risk on’, gold has made gains so far this week in the environment of record loose monetary policy. This TA looks at XAUUSD H4 plus futures.
Weekly forex data: trade and the RBA in focus
Good data on retail sales this morning from the eurozone gave the euro and most European shares a boost. Markets look ahead to trade data around the world this week.
Technical analysis of US500
US500 has been volatile with some losses in the aftermath of the bitter American presidential debate early this morning GMT. Here we’re looking at important areas on US500 H4 ahead of the NFP.
Weekly forex data: GDP and the NFP
Very strong Chinese industrial profits as announced this morning have given stock markets a boost today. Traders are looking ahead this week to British and American GDP plus of course Friday’s NFP.
Technical analysis of BTCUSD
Bitcoin’s recent losses appear to have halted since the end of late week. BTC and various other cryptocurrencies have moved back up since Monday: here’s a look at the daily chart of bitcoin-dollar.