Source: PaxForex Premium Analytics Portal, Technical Insight The U.S. stock market declined yesterday. Investors were waiting for Washington to signal progress in discussions on a new stimulus package. Disagreements between members of Congress and the White House over additional stimulus measures continued to put pressure on the market, overshadowing earnings reports, and relatively optimistic economic data. Dow Jones 30, H4 Pivot: 28300.00 Analysis: Provided that the index is traded below 28575.00, follow the...
Source: PaxForex Premium Analytics Portal, Technical Insight During his evening speech, the President of the St. Louis Federal Reserve, J. Bullard (does not vote in the FOMC), expressed optimism about the prospects of the economy and the fight against the coronavirus: The Fed will keep rates at low levels for a long time to come; For the time being, the Fed's monetary policy is "in excellent shape; For now, the implementation of the Central Bank's policy is going well. AUD/USD, 30 min Pivot: 0....
Source: PaxForex Premium Analytics Portal, Technical Insight Gold is rising as the weakening dollar and hopes for a new U.S. financial aid agreement ahead of next month's presidential election have raised the demand for gold as protection against inflation. GOLD/USD, 30 min Pivot: 1919.00 Analysis: Provided that the price is above 1910.00, follow these recommendations: Time frame: 30 min Recommendation: long position Entry point: 1919.00 Take Profit 1: 1925.00 Take Profit 2: 1932.00 Alternative scenario...
Source: PaxForex Premium Analytics Portal, Technical Insight According to ECB representative L. De Gindos, the latest macroeconomic data indicate the loss of the recovery momentum in the euro area: European states have been hit by the second wave of coronavirus; It does not seem that states have sought to impose the same stringent quarantine measures as in March. EUR/USD, 30 min Pivot: 1.1848 Analysis: Provided that the currency pair is traded above 1.1815, follow the recommendations below: Time frame: 30 min...
Hello! Today we would like to share with you an interim performance report of our signals for the first half of October 2020. The first half of October was profitable in the stock and currency markets. Wide consolidation of markets before the elections in the USA allows earning on the quiet market. Now we provide a detailed report on income in financial markets: So, on the currency trading we made a profit of 590 points, which is 11.8% of tradable balance from $1000 - $50,000, where the maximum profit was...
