Source: PaxForex Premium Analytics Portal, Technical Insight Fitch downgraded Canada's sovereign rating to AA+ from the previous AAA value. The outlook for the rating is stable. Canada was one of the few countries with top AAA rating. However, in Moody's and S&P ratings it continues to hold these positions. According to Fitch's comments, the revision was due to the worsening situation in the country's state budget under the influence of the pandemic. In particular, the agency pointed to an increase in the...
Source: PaxForex Premium Analytics Portal, Technical Insight Gold has been held close to its peak for almost eight years and may show the most significant quarterly growth in more than four years as the sharp rise in coronavirus cases has increased demand for shelter assets. The rise in coronavirus cases in the US and the ongoing Chinese-US standoff point to buying gold as a safe asset. GOLD/USD, 30 min Pivot: 1783.00 Analysis: Provided that the price is above 1772.00, please follow these recommendations: Time frame: 30...
Source: PaxForex Premium Analytics Portal, Technical Insight The currency pair Dollar Yen is trading at 107.73 and keeps moving within the growth frame. USD/JPY is moving above the upper boundary of Ichimoku Kinko Hyo Cloud. This indicates that there is a bullish trend in the USD/JPY. USD/JPY, 30 min Pivot: 107.65 Analysis: Provided that the currency pair is traded above 107.50, follow the recommendations below: Time frame: 30 min Recommendation: long position Entry point: 107.65 Take Profit 1: 107.90 Take Profit 2...
Source: PaxForex Premium Analytics Portal, Technical Insight Hello! Today we want to share with you trading results according to our daily signals for June 2020. In June, the profit from the forex market was more significant than the profit from the stock market, as the stock market entered the consolidation phase after a sharp growth amidst the recovery of many companies and, as you have noticed in June, the stock market had a small number of signals. It is primarily since most interesting and profitable assets...
Source: PaxForex Premium Analytics Portal, Technical Insight Disney's (DIS) plans for a gradual return to normal life were destroyed as the second wave of the coronavirus made it clear that the virus was not yet about to leave. The company delayed the opening of Disneyland in California, which was originally scheduled for July 17. Walt Disney World in Florida planned to open on July 11, but it is also extremely unlikely, given the number of new COVID-19 cases in the state. The theme parks aren't Disney's only problem...
