Markets

GBP/USD received strong support near 1.3325 and is trying to get to the test of the nearest resistance level at 1.3400. British Pound Tries To Gain Upside Momentum Ahead Of The Weekend GBP/USD is moving towards the nearest resistance level at 1.3400 while the U.S.…

Salesforce.com Inc, an American cloud-based software company headquartered in San Francisco, is in advance talks to buy workplace messaging application Slack Technologies, according to the Wall Street Journal. Salesforce.com Inc, an American cloud-based software company headquartered in San Francisco, is in advance talks to buy…

AUD/USD managed to settle above 0.7360 and is testing the nearest resistance level at 0.7380. Australian Dollar Remains Strong Ahead Of The Weekend AUD/USD is testing the nearest resistance level at 0.7380 as the U.S. dollar continues to lose ground against a broad basket of…

EUR/USD is trying to develop additional upside momentum above the major resistance level at 1.1910. Euro Gained Strong Upside Momentum EUR/USD managed to get above the major resistance level at 1.1910 and is moving higher while the U.S. dollar is losing ground against a broad…

Gold remains bearish despite support at 1800. Sellers are waiting at the POC zone. A retracement towards 78.6-88.6 zone is good for sellers. We can also see an order block in addition to strong retracement zone. If we see a retracement towards 1825-30 watch for…

Several risk events have been affecting the recent global market, and one of which is becoming increasingly prominent. Find out what it is in our latest market analysis. The 2 major risk events of the past 9 months continue to be the key drivers of…

Gold (XAU/USD) is building a bull flag chart pattern (orange lines). Price action seems ready to break below the 21 ema zone. The main targets are the -27.2% and -61.8% Fibonacci targets. The main target of XAU/USD with a bearish break below the 21 ema…

Riskier assets find support early on. Economic data from the Eurozone and the U.S will put the EUR and Dollar in focus, however. Earlier in the Day: It’s was a quiet start to the day on the economic calendar this morning. There were no material…

Biopharmaceutical giant Regeneron Pharmaceuticals added nearly 1% Monday after the FDA granted emergency authorization for the company’s drug cocktail to treat COVID-19. Regeneron Pharmaceuticals, Inc. (REGN) gained 0.94% Monday after The Food and Drug Administration (FDA) fast-tracked emergency authorization over the weekend of the biopharmaceutical…