Source: PaxForex Premium Analytics Portal, Technical Insight Facebook Inc. faced a negative reaction in India after it was accused of mildly treating allegedly hateful statements by a lawmaker belonging to the ruling Bharatiya Janata party to protect its business interests in its largest market by users. The committee of lawmakers is now scrutinizing "Issues related to the technology industry and want to question the use of Facebook. Facebook, H4 Pivot: 261.18 Analysis: Provided that the asset is traded above 257.40,...
Source: PaxForex Premium Analytics Portal, Technical Insight Australia's unemployment rate has reached 7.5 percent, and the number of unemployed citizens has surpassed one million for the first time. The head of the Australian Bureau of Statistics (ABS) Bjorn Jarvis said this in a statement issued on August 13. AUD/USD, 30 min Pivot: 0.7223 Analysis: Provided that the currency pair is traded above 0.7200 follow the recommendations below: Time frame: 30 min Recommendation: long position Entry point: 0.7223 Take...
Hello! Today we would like to share with you an interim performance report of our signals for the first half of August 2020. Half of August turned out to be profitable for the currency market. The stock market has also borne fruit, but most of the trades remain active, in-the-money, and waiting for their Take-Profit. The stock market is reaching its previous highs and promises good profits. Now we provide a detailed report on income in financial markets: So, on the currency trading we made a profit of 970...
Source: PaxForex Premium Analytics Portal, Technical Insight The postponement of general parliamentary elections was announced in New Zealand. The rescheduling of the general parliamentary elections was announced by the Prime Minister of New Zealand, Jacinda Ardern, as reported by The New Zealand Herald on August 17. The Head of Government explained that the decision was taken after discussions with other politicians in connection with new outbreaks of coronavirus infection in the country. The general parliamentary elections were...
Source: PaxForex Premium Analytics Portal, Technical Insight Canada: June, production sales +20.7% MoM vs. the forecast of 16.4% and prev. 11.6%; Production sales -15.6% YoY Sales excluding cars +10.3%; Sales grew in each of the 21 sectors; New orders +23.6% MoM, -16.4% YoY Production capacity utilization +10.9% to 73.3% from 81.3% a year ago. Higher-than-expected production sales in June are the result of the ongoing recovery from the coronavirus crisis. USD/CAD initially declined by about 20...
