Forecasts

Technical analysis and Weekly forecasts about Forex, options and cryptocurrency.

GBPUSD is raising after unexpected US economic data

GBPUSD rose during trading today, Friday, in light of the uncertainty about global economy due to the continuing of “Coronavirus” crisis. Russian President “Vladimir Putin” announced earlier this week that it had registered first vaccine in the world to prevent Coronavirus, but countries led by United States questioned its effectiveness and safety of use. European […]

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Oil prices give up gains and turn lower during trading

Oil Prices – 13th August 2020 Oil prices retreated during Thursday’s trading, giving up the gains it had recorded earlier today, despite the dollar’s decline against most major currencies. “OPEC” had mentioned in its monthly report expectations that global oil demand growth will contract by 9.1 million barrels per day this year compared to its […]

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Oil prices is falling due to concerns about US economy

Oil prices expanded from its decline with opening of US market on Friday, to continue its losses for the second day in a row, away from the highest level in five months, with continued corrections and profit taking, in addition to growing concerns about the recovery of US economy from  pandemic of Coronavirus, especially after […]

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Gold price closes the highest $2000 for first time in its history

gold price

Gold Price Forecast The gold price rose during trading on Tuesday, ending the transactions above the psychological barrier of two thousand dollars for the first time ever, in light of the negative stability of USD against most major currencies. Markets are still closely following the Coronavirus crisis, with the number of Coronavirus infections worldwide increasing […]

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USD/CAD Likely Break the Support Near 1.3350 Amid Strong Improvement in Canadian Manufacturing PMI

USD/CAD Forecast & Technical Analysis United States – Institute for Supply Management (ISM) Manufacturing PMI On Monday, at GMT 2:00 p.m., the Institute for Supply Management released its manufacturing PMI figure for the United States. The ISM’s US manufacturing PMI measures the level of a diffusion index based on a survey of 400 purchasing managers. […]

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