Because of the coronavirus pandemic in the U.S. there was a shortage of gold bars and coins on the free market. The Wall Street Journal (WSJ) writes about it. According to the magazine, dealers sold all the gold reserves or temporarily closed, and a large Swiss financial conglomerate Credit Suisse Group AG, casting gold bars since 1856, asked buyers "not to bother with circulation. GOLD/USD, 30 min Pivot: 1590.00
The US dollar survived the best quarter since 2016, taking advantage of demand as a reserve currency amid the coronavirus epidemic. Although EUR/USD has already retreated from its lows 2 weeks ago, it may continue to grow amid a portfolio correction at the end of the month. EUR/USD, 30 min Pivot: 1.1010
The price above 200 MA, indicating a growing trend. The MACD histogram is above the zero lines. The oscillator Force Index is above the zero lines. If the level of resistance is broken, you should follow the recommendations below: Timeframe: H4 Recommendation: Long Position Entry Level: Long Position 6.6500 Take Profit Level: 6.8000 (1500 pips) If the price rebound from resistance level, you should follow the recommendations below: Timeframe: H4 Recommendation: Short Position Entry Level: Short Position 6.5400 Take...
Last week, Coca-Cola Company shares showed good growth, with the share price up by more than 25%. This reverses a recent trend for the company as stocks fell 32.7% last month. The rise came after the shares were upgraded to a Buy rating along with a promising target price from HSBC's investment banker. Coca-Cola, H4 Pivot: 45.00
The price above 200 MA, indicating a growing trend. The MACD histogram is above the zero lines. The oscillator Force Index is above the zero lines. If the level of resistance is broken, you should follow the recommendations below: Timeframe: H4 Recommendation: Long Position Entry Level: Long Position 18.0700 Take Profit Level: 18.2200 (1500 pips) If the price rebound from resistance level, you should follow the recommendations below: Timeframe: H4 Recommendation: Short Position Entry Level: Short Position 17.7500...
