Yuri Papshev / Blog
Expectations for a UK economic recovery thanks to vaccinations remain strong and will continue to support the pound (see "Fundamental Analysis and Market Expectations" ) . The breakdown of the resistance level of 1...
Despite the decline, oil is traded in the bull market (see "Fundamental Analysis and Market Expectations" ) . The price found support at 62.70, while technical indicators OsMA and Stochastic turned up on the daily chart, signaling an upward advance. However, the breakout of the support levels 55...
The bearish trend in USD / CAD will continue for now (see "Fundamental Analysis and Market Expectations...
The dollar has the potential to strengthen further in the short term, including against the euro. The breakout of the support levels 1.1600 and 1.1550 will increase the risks of a resumption of the long-term bearish trend in EUR / USD...
The main negative factors for the Australian economy are weak wage growth, a weak labor market and a slowdown in growth. Annual inflation has remained below the 2% -3% target set by the RBA for four years (see " Fundamental Analysis and Market Expectations...
The price of WTI oil remains positive (see " Fundamental Analysis and Market Expectations ") . This brand of oil continues to trade in upward channels on the daily and weekly charts, above key support levels with a target of $ 70.00 per barrel. Support levels: 60.61, 59.10, 55.50, 52.00, 50...
The S&P 500 maintains positive momentum, remaining in the bull market. Above the support levels 3948.0, 3906.0, 3885.0, nothing threatens long positions. A breakdown of the local resistance level of 3994...
Economic growth rates, government bond yields and the Fed's restrained position in relation to growth in government bond yields support the US dollar, putting pressure on competing currencies (see " Fundamental Analysis and Market Expectations ") Further improvement of the economic situation in t...
Having reached the 0.8505 mark during yesterday's European session, which corresponds to 13-month lows, the EUR / GBP pair remains under pressure due to fundamental factors (see " Fundamental Analysis and Market Expectations ") , which preserves the risks of its resumption of decline...