2020 Markets Forecast Nothing seems to stop the bull -2020 will continue the pattern of increases: Combining strong labor markets, rising wages, household sentiment, and central bank policies in the US and Europe will help stabilize the global economy at a low growth rate, economists and analysts largely predict that 2020 will be a year of slow growth – but…
EUR USD TECHNICAL ANALYSIS short term optimistic: in the other hand, The confirmation of the closing price reversal bottom is potentially bullish. Typically, this chart pattern leads to see some rally trend. Its first upside target to check 1.1350-1.1430+_, closing up above this price will mark new high targets are we going to see an extreme move like 20% down…
USD JPY Technical Analysis The pair play for a very long period in narrow boundaries – it’s about to explode in one direction -The question is in which one? 3 indicators that give the indication that the bottom of the USD/JPY is still far away Symmetrical Triangle Pattern The triangular chart pattern is created by drawing two converging trend lines…
Turkish lira Analysis News Losses for the Turkish lira deepened last week after Ankara’s deteriorating relationship with Washington – The Senate Foreign Relations Committee last week passed the Risch Bill, which aims to impose sanctions on Turkey for its purchase of Russian-made S-400 missile defenses and its latest offensive in Syria. Turkish lira slide to its weakest level in daily…
Palladium Analysis Palladium has cemented its status as the world’s most valuable precious metal with a gain of 56% for this year Is the decline in palladium prices likely to be sharp, or is it the beginning, and we see higher levels its look that we get a replay of 2001 in palladium Palladium Analysis I’ve written in late July…
Crude oil Analysis Crude oil prices have risen to their highest levels since September 2019 at the close of trading last week following the US-China trade deal Another reason for the supposed rise in crude oil prices was the cut in production, which OPEC members concluded that an additional 500,000 barrels per day would be reduced from production by March…
GBP USD TECHNICAL ANALYSIS GBP/USD accelerated to as high as 1.3514 last week after election-The pound has pushed the rise to record its best level since May 2018 following the result, But important questions remain unanswered – UK-Europe trade talks route remains a major unknown factor for now Possible Correction to the Downside should be contained above 1.3160 support to…
GBP USD TECHNICAL ANALYSIS The dollar slumped as markets expressed disapproval of the White House on the U.S.-China trade talks and a U.S. decision to hit French and Brazil exports with new tariffs this stage enabled the Pound-to-Dollar rate to again test a key resistance 1.30 level on the chart- what next: voting intentions ahead of the December 12 general…
EUR USD TECHNICAL ANALYSIS last week EUR/USD recovered to 1.1050. M pattern could be in place – more decline is expected as long as 1.1080+_ resistance holds. Corrective rebound from 1.0879 should have completed at 1.1230+_ . The bullish potential is limited by technical indicators are we going to see an extreme move like 20% down or 50% up in…
Facebook stock price technical analysis forecast Facebook’s 20119 Q3 results were strong, with revenues again growing leading to EPS growing 20%. , the company reported adjusted earnings of $ 2.12 per share, up 20% from the prior-year period, and reversed two consecutive quarters of declining earnings.– is this situation will continue in the future? But on the other hand, we…