Source: PaxForex Premium Analytics Portal, Technical Insight Facebook said Thursday it has removed one of the largest public groups dedicated to the network of conspiracy theories QAnon, after repeated violations of company policy. According to a Facebook spokesman, a group called Official Q / Qanon, with nearly 200,000 members, was removed after several separate messages were deleted for border crossing, bullying and harassment, hate speech and false information that could have been harmful. Facebook, H4 Pivot: 265.29...
Source: PaxForex Premium Analytics Portal, Technical Insight The state of Victoria in Australia has declared a state of emergency because of the coronavirus - Melbourne has a strict curfew from 8pm. AUD/USD, 30 min Pivot: 0.7207 Analysis: Provided that the currency pair is traded below 0.7240 follow the recommendations below: Time frame: 30 min Recommendation: short position Entry point: 0.7207 Take Profit 1: 0.7170 Take Profit 2: 0.7150 Alternative scenario: In case of breakout of the level 0.7240, follow...
Source: PaxForex Premium Analytics Portal, Technical Insight The USD/CHF currency pair trades at 0.9072 and keeps moving within the decline and descending channel. The pair trades below the lower boundary of the Ichimoku Kinko Hyo Indicator Cloud. It indicates a bearish trend for the asset. USD/CHF, 30 min Pivot: 0.9085 Analysis: Provided that the currency pair is traded below 0.9100, follow the recommendations below: Time frame: 30 min Recommendation: short position Entry point: 0.9085 Take Profit 1: 0.9045 Take...
Source: PaxForex Premium Analytics Portal, Fundamental Insight A massive sell-off of the American currency continues, the rate of which is declining against a wide range of assets, holding positions only with oil. Against this backdrop, Gold surpassed the price of $2,000 per troy ounce for the first time in history, Nasdaq100 closed on Tuesday at historic highs, Dow Jones 30 added 0.6%, and S&P 500 rose 0.4%. There are reasons for that: the Fed representatives started talking about the need to expand the support through new...
Source: PaxForex Premium Analytics Portal, Technical Insight The cost of one troy ounce of gold for the first time in history has exceeded $2000. Thus, the value of this precious metal has updated the historical maximum. GOLD/USD, 30 min Pivot: 2021.03 Analysis: Provided that the price is above 2007.00, please follow these recommendations: Time frame: 30 min Recommendation: long position Entry point: 2021.03 Take Profit 1: 2031.00 Take Profit 2: 2042.00 Alternative scenario: In case of breakdown of the level 2007....
