Market Analysis

4 Hour Timeframe – GBP/CHF 07/07/2020 17:30 PM Technical As illustrated in the chart above, there is a clear bullish head and shoulder formation. Prices are currently testing a key resistance level at around 1.18400 , a break and close above this zone would confirm the bullish head and shoulder…

Essential Insights The dollar index has resumed its bearish rally following concerning covid-19 data Melbourne, Australia has been placed under lock-down restrictions for 6-weeks due to covid-19 risks increasing in Australia The ECB has slashed Eurozone growth forecasts for 2020 & 2021, following a slower than expected economic recovery The…

The European stock markets are reversing the positive momentum as investors have been showing concerns over the rising coronavirus cases in the United States and India.

Square stock price has gained investors’ attention amid consumers and corporates move towards digital payment networks following a pandemic.

U.S. stock markets are setting the path for another rocking week because all the major indices have reported gains last week and ended the second quarter with a record-breaking performance in decades.

UK June GfK consumer confidence was slightly better than expected (‐27 vs. ‐29). The rebound in confidence has been limited so far, relative to other activity and sentiment data  Dollar slightly firmer after positive NFP data but lacks real conviction US covid-19 cases reach 56.k (another new record) in just a single day

UK June GfK consumer confidence was slightly better than expected (‐27 vs. ‐29). The rebound in confidence has been limited so far, relative to other activity and sentiment data  Dollar slightly firmer after positive NFP data but lacks real conviction US covid-19 cases reach 56.k (another new record) in just a single day