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Technical Analysis

Daily Market Outlook, April 17, 2020

Daily Market Outlook, April 17, 2020 Major equity indices tracked higher during the Asian market session after President Trump outlined plans for the US economy to reopen. Sentiment was also supported...

Daily Market Outlook, April 17, 2020

 Market turns risk-on after a report that Gilead’s remdesivir drug showed promising results for Covic-19 patients. Meanwhile, the market is also cheering the news that President Trump plans to release...

Chart of the Day AUDJPY

Chart of the Day AUDJPYAUDJPY - Probable Price PathUS equities declined sharply on Wednesday as dismal economic data and weak bank earnings fueled concerns over the COVID-19’s impact on the US...

Daily Market Outlook, April 16, 2020

Daily Market Outlook, April 16, 2020 The Asian equity market is mostly down this morning following a fall yesterday on Wall Street. The declines followed very weak US economic data for March and April...

Daily Market Outlook, April 16, 2020

Asian stocks fell on Thursday after U.S. stock retraced from recent high on Wednesday night.  Risk aversion is coming back to the market after a slew of sluggish data from both corporate earnings and...

Oil Hits the Bottom and S&P500 Jumps!

Good day!WTI oil has gradually dropped till the 19.00 level against the OPEC+ deal to cut oil output. Oil could potentially hit lows between the 19.00 and 28.00 levels and this range might become a...

Tickmill's Investing Diva, CHFJPY Daily Outlook 16-04-20

CHFJPY Daily Outlook - On Wednesday we found out that the US Big banks’ trading desks posted their strongest results in years during the first three months of 2020, even with the coronavirus stressing...

Chart of the Day USTec (Nasdaq)

Chart of the Day USTEC (Nasdaq)USTEC (Nasdaq)  - Probable Price PathsThe Great Lockdown Recession as the IMF titled it will see the global economy contract by 3% this year, led by the US...

Daily Market Outlook, April 15, 2020

Daily Market Outlook, April 15, 2020 More cautious market sentiment prevailed in Asia, with mixed equity markets ahead of further US earnings announcements later today. The IMF yesterday said the...