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Are we seeing a V recovery?

Most of the analysts will agree that the major stocks markets are performing a V recovery as they have almost trimmed the majority of losses caused by coronavirus outbreak. Nasdaq is the leader of the recovery as it is flirting with all-time highs again.  Daily chart SP500 and DAX are lagging but still, have covered […]

AUDNZD is testing a major trendline

Even though RBA minutes have remained upbeat early in the morning, reflecting an upcoming decline in unemployment rates in the near term, the AUD has continued its bearish momentum. Today’s agenda doesn’t include any other major news or events related with the pair, although tomorrow, it includes New Zealand’s Credit Card Spending and Visitors Arrivals. […]

According to Goldman: Here Is Why Now’s A Good Time To Buy USD Tactically

– Greek bailout negotiators see potential for draft deal by Tuesday of this week. – Austria has “AA+” rating affirmed by Fitch, outlook stable. Ireland has “A-” rating affirmed by Fitch, outlook from stable to positive. – On a weekly basis, this is the lowest close for #USoil since early 2009. – According to OECD’s […]