Search Results for: US
European stocks rise as Chinese factories see coronavirus rebound
March 31st, 2020
European stocks rose on Tuesday after stronger-than-expected industrial data from China raised hopes that the world’s second-largest economy could stage a swift recovery from the coronavirus crisis. The pan-European STOXX 600 index climbed by around 1.9%. London’s FTSE 100 ...
Elliott wave analysis: AUDUSD and NZDUSD Turning Bearish
March 30th, 2020
AUDUSD is currently recovering, however in an overlapping fashion, which suggest a corrective recovery to be in play. We are looking at a wave 4) of a higher degree, which can be near completion with its w-x-y rally. Possible ...
Interesting pattern on USD/CHF points higher – Elliott wave analysis
March 27th, 2020
On the weekly chart of USD/CHF, we can see that price was for the last five years making a sideways, and overlapping price activity; an Elliott wave running triangle in B. This triangle can now be completed based on ...
Fondex continues business as usual and announces swap-free trading conditions on indices to assist long-term investors
March 26th, 2020
In light of the current outbreak of the coronavirus disease 2019 (COVID-19), and given the markets’ high volatility over this challenging period, Fondex reassures its clients that they can continue to trade under the same conditions experienced so far, ...
Euro and US Dollar during COVID-19 outbreak: what’s happening to the currencies?
March 26th, 2020
The U.S. dollar has risen in comparison to other currencies this week. Despite recent steps taken by world central banks to alleviate market stress, the US dollar demand was boosted by worries about the economic fallout caused by the ...
Coronavirus adds an extra layer of challenge to health data under the GDPR
March 24th, 2020
The EU General Data Protection Regulation (GDPR) has very strict conditions regarding the collection and handling of sensitive health data; these terms remain in effect even as Europe adopts extreme measures to combat the coronavirus (Covid-19) outbreak. As various ...
USDCAD In A Bullish Trend – Elliott wave analysis
March 23rd, 2020
USDCAD ended a three-wave, A)-B)-C) correction within a bigger wave 2 at the 1.294 level, from where a new rise started developing. Rise is sharp and impulsive so this suggests further upside. We see a five-wave move in the ...
Alert! Criminals taking advantage of coronavirus anxiety to defraud victims online
March 18th, 2020
INTERPOL is encouraging the public to exercise caution when buying medical supplies online during the current health crisis, with criminals capitalizing on the situation to run a range of financial scams. With surgical masks and other medical supplies in ...
European stock index futures plunge as virus fears grow
March 18th, 2020
European stock index futures fell more than 5% on Wednesday as fears over the relentless global spread of the coronavirus overshadowed sweeping U.S. stimulus measures to support businesses and contain the economic damage from the pandemic. Euro Stoxx 50 ...
Feeling Adventurous? Consider Silver
March 16th, 2020
Silver is getting crushed in the pandemic-driven flight to safety — which might have created one of those blood-in-the-streets opportunities that contrarian investors dream about. To understand why, lets start with the gold/silver ratio. The relationship between the prices ...