The consensus that blew out the pandemic The initial trade consensus between the United States and China reached in mid-January (disturbed by the effect of the global COVID-19 pandemic) was put to a very serious test these days. In our opinion, the situation is becoming so tense that a possible return to the starting point
In recent months, there has been a lot of interest in precious metals, especially gold. Investors usually look at gold in market uncertainty, which was very high in February and March. The demand turned out to be so high that the price of "paper" gold (derivatives) was moved away from the physical (also due to
When looking at the situation on the main indicies, currently CAC40 technicians pay more and more attention. If we look at the CFD's weekly chart, we are now in a very sensitive place. Around 4600 points in the past they have proved to be a turning point many times. In more cases, the sellers showed
Recently, the 1.0775 area, which has become support, is starting to play a significant role on EUR / USD. The daily chart shows its importance very well. The first, very strong reaction in this place we saw around February 20, when the panic associated with the potential effects of lockdown began to spread in the
Sellers are getting better at DAX. But this is not an exception, because many of the major stock indices behaves in a very similar way. Attention is drawn to a halting of the rebound in the weekly gap in the first half of March. Below this level, the head and shoulders pattern has recently been
The EUR / USD market reaction in recent weeks confirms the support level at 1.0775. This is very well shown in the daily chart, where you can see how many times buyers have activated in this area. It can therefore be assumed that until this area is definitively broken, the scenario of an increase in
Silver, like many other markets, had a very decent rebound after the end of the recent panic. From the bottom it was a 36% increase. Importantly, buyers managed to pull prices above support, i.e. lows from 2018. This shows that their March violation was a bear trap. Over the past three weeks, volatility in the
Nasdaq is currently noteworthy from American indexes. The bulls in recent days have not managed to maintain the level around 8950 points, which in the past has repeatedly played the role of resistance (red arrows). Buyers from the beginning of this week have raised the price from below to around the resistance, which is a
The area of 1,0775 on EUR/USD has been an important support in recent weeks, around which several turning points have already appeared. You can see here mainly the reactions of buyers. A week ago, sellers tried to threaten this zone again, but eventually ended only with a violation of the bottom shadow of the day
