Source: PaxForex Premium Analytics Portal, Technical Insight Walt Disney has suspended one of its top executives, Barbara Fedida, while it investigates press reports that she has made racist comments, including inappropriate behavior. Disney, H4 Pivot: 117.34 Analysis: Provided that the asset is traded above 114.00, follow the recommendations below: Time frame: H4 Recommendation: long position Entry point: 117.34 Take Profit 1: 121.10 Take Profit 2: 128.20 Alternative scenario: In case of breakdown of...
Source: PaxForex Premium Analytics Portal, Technical Insight Ministry of Health of New Zealand confirmed a new case of infection with coronavirus of a new type, the press service of the agency. The new patient was a man on a flight from Pakistan who had made a connection in Melbourne, Australia. He is currently under quarantine. AUD/NZD, 30 min Pivot: 1.0662 Analysis: Provided that the currency pair is traded below 1.0680, follow the recommendations below: Time frame: 30 min Recommendation: short position Entry point: 1...
Hello! Today we want to inform you about the interim trading results according to our daily signals for the first half of the month June 2020. The first half of the month was quite profitable due to the formation of new trends in currencies and the gradual recovery of stock markets. Now we provide a detailed report on income in financial markets: So, on the currency market, we have a profit of 758 points, which is 15.16% on top of the deposit. As for the stock market, where we had a profit of 437 points,...
Source: PaxForex Premium Analytics Portal, Technical Insight Gold trades at 1732 and continues to move within the growth framework. XAU/USD quotes move above the upper bound of the Ichimoku Kinko Hyo Cloud. This indicates a bullish trend in Gold. Within the forecast of the price of Gold on June 17, 2020. An attempt to correct the price of the precious metal and a test of the upper boundary of the Ichimoku Kinko Hyo Cloud indicator near the level of 1711 are expected. Where to expect the rebound and continued rise in gold prices...
Source: PaxForex Premium Analytics Portal, Technical Insight As US employment and inflation rates are still far from target, the Fed must reiterate its support for the economy. Thus, the outcome of the FOMC meeting may increase the risk appetite. Of course, RBNZ is unlikely to tolerate NZD growth for a long time, but if it does something, it will be later. NZD/USD, 30 min Pivot: 0.6419 Analysis: Provided that the currency pair is traded above 0.6387 follow the recommendations below: Time frame: 30 min Recommendation:...
