Source: PaxForex Premium Analytics Portal, Technical Insight Australia will open its borders to most foreign tourists no sooner than the end of 2020 due to the threat of coronavirus proliferation, Australian Broadcasting Corporation reports with reference to the country's Minister of Trade, Tourism and Investment Simon Birmingham. AUD/USD, 30 min Pivot: 0.6867 Analysis: Provided that the currency pair is traded above 0.6865 follow the recommendations below: The timeframe: 30 min Recommendation: long position Entry...
Source: PaxForex Premium Analytics Portal, Technical Insight The banks continued the decline that started on Thursday at the post-market after the Fed announced the results of annual stress tests and ordered the banks not to buy back their shares in the third quarter, as well as to limit dividend payments. GOLD/USD, 30 min Pivot: 1773.84 Analysis: Provided that the price is above 1763.00, please follow these recommendations: Time frame: 30 min Recommendation: long position Entry point: 1773.84 Take Profit 1: 1779.00...
Source: PaxForex Premium Analytics Portal, Technical Insight The Eurozone has "probably overcome" the peak of the worst economic crisis caused by the Coronavirus pandemic, European Central Bank President Christine Lagarde said on Friday, while calling on the region's authorities to prepare for a possible second wave of the disease. EUR/USD, 30 min Pivot: 1.1257 Analysis: Provided that the currency pair is traded above 1.1235, follow the recommendations below: Time frame: 30 min Recommendation: long position...
Source: PaxForex Premium Analytics Portal, Technical Insight In New Zealand over the past 24 hours three cases of infection with coronavirus SARS-CoV-2 were identified, the press service of the New Zealand Ministry of Health. It is noted that two of them were found in Christchurch. Now all three patients are in isolation. At the same time, all new cases of infection are associated with foreign trips. All the contacts of the infected are now being tracked. NZD/USD, 30 min Pivot: 0.6436 Analysis: Provided that the currency...
Source: PaxForex Premium Analytics Portal, Technical Insight Between April and June, the number of vacancy announcements fell by 27%, the recruitment firm Adecco Switzerland said on Tuesday. Anna von Ow, a research fellow at the University of Zurich who worked on the report, said that this time we are dealing with a drop in new vacancies, which is much worse than during previous crises, including the 2008-2009 financial crisis, when the impact was less sudden. USD/CHF, 30 min Pivot: 0.9480 Analysis: Provided that the...
