Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for April 30, 2019. The text below is an excerpt and does not contain the full analysis. There's an old adage in the financial markets: Sell in May and Go Away Of course, this doesn't necessarily…
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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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ASIC and FCA licensed Retail FX broker AETOS Capital Group have provided their daily commentary on traditional markets for April 30, 2019. EUR/USD The Euro closed 0.33% higher at $1.1185 overnight as the USD fell against a basket of currencies, slipping further from a 23-month high set late last week. Interestingly, data showed that U.S. consumer…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for April 29, 2019. The text below is an excerpt and does not contain the full analysis. Highlights include: NY AG Pursues Bitfinex & Tether: The crypto market dipped on the news that the New York…
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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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ASIC and FCA licensed Retail FX broker AETOS Capital Group have provided their daily commentary on traditional markets for April 29, 2019. EURUSD The Euro rose on Friday, closing at 1.1147(+12 pips) against the greenback. On Friday, the US released its advanced Q1 GDP, which showed that the economy grew at a faster-than-expected pace in the…
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ASIC and FCA licensed Retail FX broker AETOS Capital Group have provided their daily commentary on traditional markets for April 26, 2019. EUR/USD USD strength has continued to surge overnight and climbed to a near two-year high against the Euro dollar. This was inspired by upbeat U.S. data from both the initial jobless claims and durable…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for April 24, 2019. The text below is an excerpt and does not contain the full analysis. Highlights include: Nasdaq Tests BTC Trading: A leaked demo of bitcoin trading on TD Ameritrade’s platform suggests that mainstream…
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ASIC and FCA licensed Retail FX broker AETOS Capital Group have provided their daily commentary on traditional markets for April 24, 2019. EURUSD The Euro closed lower on Tuesday, closing at 1.1222(-36 pips) against the greenback. The dollar's strength bolstered during mid-European session, later confirmed by data releases from both economies. The initial catalyst came from…
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The following guest post is courtesy of ATFX Global Chief Market Strategist Alejandro Zambrano. The US Dollar is coming back strongly, and in the last few days, the greenback has managed to breakthrough several critical levels against Gold, New Zealand Dollar, Swiss Franc, and British Pound. Overall, the last few days price action suggests to me…
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