Source: PaxForex Premium Analytics Portal, Technical Insight British Prime Minister B. Johnson stated that the second wave of coronavirus must be avoided: The schools must be reopened; We want to see economic recovery, but it's a long way from there; We knew the situation was complicated (commentary on the labor market report). GBP/USD, 30 min Pivot: 1.3248 Analysis: Provided that the currency pair is traded above 1.3205, follow the recommendations below: Time frame: 30 min Recommendation: long...
Source: PaxForex Premium Analytics Portal, Technical Insight Gold prices fell below $2,000 per ounce on Wednesday, partly due to the stabilization of the dollar, while investors are waiting for details on the US Federal Reserve's strategy to support the affected economy. GOLD/USD, 30 min Pivot: 1945.00 Analysis: Provided that the price is above 1924.00, please follow these recommendations: Time frame: 30 min Recommendation: long position Entry point: 1945.00 Take Profit 1: 1965.00 Take Profit 2: 1976.00 ...
Source: PaxForex Premium Analytics Portal, Technical Insight According to Bloomberg with reference to knowledgeable sources, the U.S. and China are considering a new schedule of negotiations to discuss the trade deal. The source said that the negotiations will take place soon, although no exact date has been set for them yet. So far, trade negotiations continue regularly, but not at the highest level. USD/JPY, 30 min Pivot: 106.04 Analysis: Provided that the currency pair is traded above 105.85 follow the recommendations...
Source: PaxForex Premium Analytics Portal, Technical Insight Apple has responded to a claim by Epic Games Apple to remove the Fortnite game from the Google Play App Store and App Store. That's what made Epic Games sue the app giant. The reason for the removal was a new feature in the game that allows users to perform microtransactions inside the game, bypassing the app store. And so Apple responded to the game's developer's application: We want Epic Games to remain a part of the Apple Developer Program and its...
Source: PaxForex Premium Analytics Portal, Technical Insight According to the R. Koch Institute (Federal Centre for Infectious Disease Control), the number of confirmed coronavirus cases in Germany rose to 226,914, with 9,243 deaths. The increase in the last 24 hours was 1,510 against +1,390 the day before. It was the highest increase since late April. Before that, the German Chancellor A. Merkel said that it was not yet possible to talk about the further easing of the restrictive measures as the number of cases per day had...
