Source: PaxForex Premium Analytics Portal, Technical Insight Gold closed the trading week close to 1806 and continued its movement within the growth and upward channel. The asset trades above the upper boundary of the Ichimoku Kinko Hyo Cloud which indicates a bullish trend. GOLD/USD, 30 min Pivot: 1807.00 Analysis: Provided that the price is above 1799.00, please follow these recommendations: Time frame: 30 min Recommendation: long position Entry point: 1807.00 Take Profit 1: 1815.00 Take Profit 2: 1818.00...
Source: PaxForex Premium Analytics Portal, Technical Insight According to WHO, there was a record increase in confirmed COVID-19 cases worldwide over the past weekend. During the day the number of cases increased by 230 370 people. This result broke the previous anti-record set on July 10 (228,102). Maximum growth was registered in the USA, Brazil, India and South Africa. The total number of infected in the world today has approached the mark of 13 million. In 7 months, the coronavirus has already killed more than 566 thousand...
Source: PaxForex Premium Analytics Portal, Technical Insight Google has announced the global availability of Swirl, an advertising format that the company introduced in beta just over a year ago. The Swirl format includes advertising banners with interactive 3D product models. The whirlwind ads allow brands to illustrate behavioral changes, new technologies, unique product features, etc. The announcement highlighted various campaigns that have already been created using this format, including Nissan Spain, which used Swirl ads to...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Japan plans to discuss the easing of restrictions on the entry of foreign citizens with 10 countries, including China, South Korea and Taiwan. This was reported on Friday by the news agency Kyodo. Earlier today, Reuters wrote that Japanese Prime Minister S. Abe and his Australian counterpart S. Morrison held an online meeting and agreed to expedite preparations for the resumption of business travel between the countries. USD/JPY, 30 min Pivot: 106.94 Analysis:...
Source: PaxForex Premium Analytics Portal, Technical Insight Fears of global economic recovery from the coronavirus pandemic are pushing investors to invest in stable gold. On Wednesday, July 8, the value of the precious metal jumped sharply to a nine-year high. GOLD/USD, 30 min Pivot: 1811.20 Analysis: Provided that the price is above 1800.00, please follow these recommendations: Time frame: 30 min Recommendation: long position Entry point: 1811.20 Take Profit 1: 1818.00 Take Profit 2: 1826.00 Alternative scenario...
