The Japanese Yen Broke the 107.90 Mark After Testing It for More Than One Month
The Gopher managed to break the monthly support and entered the negative territory. The Greenback is under pressure amid the US-China high tension. The US ISM Services PMI came out higher than expected on Tuesday
The Greenback Is Losing Ground Against the Loonie
USD/CAD is struggling to break the monthly resistance 1.41 levelOil made a considerable rebound after it dropped below zeroMany events waiting for the Canadian Dollar next week Technical Analysis: Monthly Time Frame: With the beginning of the year, the greenback was showing power against the Canadian Dollar, by appreciating more than 13%. However, the…
GBP/USD Update 29 March 2020
4 Hour Chart – GBP/USD 29/04/2020 19:30pm Essential Insights: Cable is moving in a consolidative state, with a slight bearish tone. The is UK facing continued pressure to achieve a Brexit deal with the EU. Technical: As discussed in the recent GBP/USD brief (27/04/2020), prices are still moving within the…
Zoom Video – Downside Imminent ?
4 Hour Chart – Zoom Video 27/04/2020 13:40pm Essential Insight: Zoom video communication has fell from an all time high of 181.26 amid security concerns. It is currently trading at 158.80 Technicals: The Zoom stock price has fallen sharply from its high of $181.26, on a weekly timeframe it is…