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Expert review round-up: Daily trading analysis during the crisis for July 3rd

03.07.2020

Analysis round-up

Friday, July 3rd, today’s news—optimism returns to the markets: yesterday's trading closed with a plus in the US and the EU. Released employment numbers turned out to be better than predicted, successful virus drug trial also contributed to the optimistic sentiment. EUR/USD is at 1.1239; GBP/USD—1.2464; Brent oil is $42.58 …

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Why traders lose money

02.07.2020

Analysis round-up

By various estimates, 90% of traders have lost their deposited funds (completely or partially) at least once while trading in Forex. We compiled the most common causes of loss in the currency market. Use it as a check list to see what you’re good at, and what can be improved. …

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Expert review round-up: Daily trading analysis during the crisis for July 2nd

02.07.2020

Analysis round-up

Thursday, July 2nd, today’s news—record employment growth is expected in the US in June. Oil prices rise amid a sharp drop in crude stockpiles, the Fed official warns of a new financial crisis as new coronavirus cases rise. EUR/USD is at 1.1296; GBP/USD—1.2523; Brent oil is $42.39 per barrel, WTI—$40.16; …

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Expert review round-up: Daily trading analysis during the crisis for July 1st

01.07.2020

Analysis round-up

Wednesday, July 1st, today’s news—two major airlines, Air France and Airbus, announced large-scale job cuts due to the persisting crisis in the air transport sector. The forecast is not optimistic: the companies won't regain pre-crisis values until 2023. EUR/USD is at 1.1231; GBP/USD—1.2395; Brent oil is $42.41 per barrel, WTI—$40.39; …

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Expert review round-up: Daily trading analysis during the crisis for June 30th

30.06.2020

Analysis round-up

Tuesday, June 30th, today’s news—China passes Hong Kong national security law that may lead to further tensions with the US. Japan's unemployment level has reached a three-year high: 2.9%. EUR/USD is at 1.1212; GBP/USD—1.2277; Brent oil is $41.56 per barrel, WTI—$39.36; gold is $1,785.40. Read the daily selection of analytical …

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Expert review round-up: Daily trading analysis during the crisis for June 29th

29.06.2020

Analysis round-up

 

Monday, June 29th, today’s news—total oil rig count in the US fell to 265 against last year's 967. Oil prices continue to fall amid the rising new coronavirus cases. The price of Brent oil today is $40.73 per barrel, WTI—$38.27. EUR/USD is at 1.1262; GBP/USD—1.2328; gold is $1,782.55. Read the …

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Daily trading analysis for June 26, 2020

26.06.2020

Analysis round-up

Friday, June 26th, today’s news—oil prices benchmarks are rising today, extending gains on optimism about a recovery in fuel demand worldwide. As the number of cases of COVID-19 coronavirus infection increases, the US economic recovery is likely to slow down. European stock indexes rose, despite concerns about an increase in …

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Economic recovery or the second wave of COVID-19: what to do with the US stocks?

25.06.2020

Feature articles

Over the past two weeks, the US economy has been signaling a recovery from the recession caused by the coronacrisis. However, this is not yet a trend: the second wave of the pandemic signs and the conflict with China hinder the constant growth of indices. What should investors and traders …

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Daily trading analysis for June 25, 2020

25.06.2020

Analysis round-up

Thursday, June 25th, today’s news—stock indexes in Western Europe fell significantly on Wednesday amid investor concern about the growing number of cases of coronavirus infection in the world. Asian stocks posted their biggest drop in eight sessions, bonds rose and the U.S. dollar was firm on Thursday as surging U.S. …

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Daily trading analysis for June 24, 2020

24.06.2020

Analysis round-up

Wednesday, June 24th, today’s news — the US stock market finished trading higher on Tuesday, as the consumer services, technology and healthcare sectors strengthened. At the close on the New York stock exchange The Dow Jones rose to 0.50%, the S&P 500 index rose to 0.43%, and the NASDAQ Composite index …

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