Google is going up. When are we to expect full recovery? This short technical analysis will give you some clues where to look at.
Daily Market Analysis
Amazon is enjoying increased demand for its services. What should we expect?
The Mexican peso and the South African rand show very similar movement patterns. What are they?
It’s worth paying attention to AUD/JPY. The pair has approached the resistance line connecting April and May highs.
The way EUR/GBP bottomed around 0.8700, then rose above 0.8870 and jumped from the trendline support at 0.8910 shows that the pair possesses bullish momentum.
The New Zealand dollar seems to be tipping out against the USD. Will that be another full cascade downwards?
The stock market has had three days of rising and finally stopped. Is it a tipping point or just a pause before the next upswing?
There’s still scope EUR/JPY to rise towards the 118.70/119.85 area, where a reversal to the downside should take place.
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There is a certain resemblance of the S&P chart now and how it performed in June 2019 with relation to the MACD. The conclusion may not be very consoling.
S&P 500 and other stock indexes rose over the past 12 months despite the global recession. Should you buy it now?
GBP/USD formed a “Piercing line” pattern on the D1. The pair rose to the resistance line that connects April 30 and May 8 highs.