Trade ideas on June 7-11!
Dont expect to relax after a super volatile previous week! The market is getting ready for yet another roller-coaster! Trade ideas EUR/USD The pair awaits the ECB Interes...
Gold is nearing key support
In line with our expectations, gold declined sharply during yesterdays trading, reaching as low as $1860 earlier today during the Asian session. I hope none of you is stuck with an...
Is crypto market recovering?
Summer brings positive inflows into the crypto market! After a significant fall below 30,000 from its all-time highs, Bitcoin has been moving up this week. On Thursday, it was trading above 38,000, moving closer to the psychological level of 40,000. Other major cryptocurrencies strengthened as well. For example, Ethereum rose towards 2900. Can we already talk about the crypto market recovery or it is too early to jump to conclusions?
Rising fever in meme stocks
What are meme stocks? The year 2021 has brought something new to the market the so-called meme stocks. These are the stocks on hype everyone is talking about them and retail in...
Summer starts with bullish ride in the US stock market
The first day of summer is here! What was May like for the US stock indices? And, most importantly, what should we expect next? Waves of cautiousness Last month, the market w...
Will the NFP be strong this time?
What will happen? Non-Farm Payrolls are published on June 4, 15:30 GMT+3. Last time, the market was rather unimpressed with the US economic data. While the Average Hourly Ear...
Will OPEC support the oil price?
What will happen? OPEC-JMMC Meetings take place on June 1 during the day. As OPEC previously agreed, the cartel member countries will meet every month to adjust their collect...
How to trade on OPEC meeting?
What will happen? The worlds largest oil exporters, OPEC+ nations, will meet on Tuesday. The meeting is expected to start at 15:30 GMT+3. Why is it important? OPEC+ has ...
EUR/USD : gains further before key macro data
EUR/USD chart USD/JPY chart Ichimoku Kinko Hyo GBP/JPY: The pair is trading below the cloud. A downward pressure would lead the pair to exit further the cloud, con...
Is all good with the AUD?
What will happen? The RBA Rate Statement comes on June 1, at 07:30 GMT+3. The Reserve Bank of Australia kept the rate steady at 0.1% during the last session. Its planning to ...