ActivTrades’ Market Analysts have prepared for Leaprate their daily commentary on traditional markets for May 13, 2019. See details below: Forex Mixed early Monday session for the US Dollar, up against currencies perceived as riskier like the Euro or the Pound, but recording losses against traditional safe heavens like the Swiss Franc. This pattern can…
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ActivTrades’ Market Analysts have prepared for Leaprate their daily commentary on traditional markets for May 10, 2019. See details below: Gold Stock markets are rebounding despite Donald Trump’s tariffs on $200 billion worth of Chinese imports, confirming that investors are still trying to keep alive the bullish sentiment. In this scenario, gold is, once again,…
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ActivTrades’ Market Analysts have prepared for Leaprate their daily commentary on traditional markets for May 9, 2019. Gold Gold was unable to break the first resistance placed at $1,288, confirming that the times are not mature for another bullion rally yet. Despite the escalation of tension between US and Iran and Trump’s tweet detailing his…
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ActivTrades’ Market Analysts have prepared for Leaprate their daily commentary on traditional markets for May 8, 2019. Forex The Pound continues to fall, threatening to drop below $1.30 during early Wednesday trading, as hopes seem slim that an agreement to deliver an orderly Brexit will be reached by Prime Minister Theresa May and opposition leader…
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ActivTrades’ Market Analysts have prepared for Leaprate their daily commentary on traditional markets for May 7, 2019. Forex The US Dollar continues to slowly depreciate against other major currencies, as it becomes increasingly likely that new tariffs will be imposed on Chinese imports by this Friday. The Dollar Index is down on the day by…
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ActivTrades’ Market Analysts have provided their daily commentary on traditional markets for April 30, 2019. Gold Weak Chinese PMI data is a supportive element for gold today, even if the price is struggling to find strength to attack the resistance area placed at $1,300. We have seen a first positive signal with the rebound registered…
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ActivTrades’ Market Analysts have provided their daily commentary on traditional markets for April 29, 2019. Forex The Euro is finding support and recovering some ground against the US Dollar, reaching $1.1166, following the victory of the centre left party led by current prime minister Pedro Sanchez in yesterday’s Spanish election. In a contest that saw…
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ActivTrades’ Market Analysts have provided their daily commentary on traditional markets for April 15, 2019. Forex The US Dollar continues to record losses, trading at $1.1320 to the Euro during early Monday trading as the markets’ risk-on mood carries on from last week, with encouraging signs provided by progress in the China-US trade talks and…
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ActivTrades’ Market Analysts have provided their daily commentary on traditional markets for April 12, 2019. Forex The Euro is showing strength against the Dollar, in early Friday trading. This is the result of a growing risk appetite in the markets, following encouraging figures related to the growth of Chinese exports which in turn supports the…
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ActivTrades’ Market Analysts have provided their daily commentary on traditional markets for April 10, 2019. Forex/Brexit The Pound remains within a tight range, currently trading around $1.30. Despite overnight reports pointing to EU intentions to offer the UK an extension to article 50, that could last for up to a year, the Pound barely moved.…
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