Category Archives: Analytics

July 20-24, 2020. Europe has not agreed


The heads of state of the European Union did not reach an agreement on the formation of a seven-year budget plan for 2021-2027 and a fund for economic recovery after the coronavirus pandemic. As a result, the trading session on Monday July 20 will open with a characteristic gap towards the dollar. As a result… Read More »

July 6-10, 2020. And again, oil


In the coming week, most sessions will be held without the release of US economic indicators. At the same time, important news will be released in the Asian and European regions that contribute to the growth of the rates of major and exotic currencies. Additional pressure on the dollar will have data on new cases… Read More »

June 29 – July 3, 2020. Quarantine is good for the dollar


The number of cases of coronavirus in the world is again approaching maximum levels. This may lead to a repetition of quarantine measures by a number of developed countries, which will slow down the recovery of the global economy. Therefore, the new work week starts against the backdrop of negative expectations of investors. Demand for… Read More »

June 1-5, 2020. Summer starts with a flat


The last week of spring is characterized by long-term trends. The US dollar lost a little position, which contributed to the strong growth of major world currencies. As a result, their quotes came close to important support / resistance levels. Usually after this, corrective movements begin. However, the extreme value of currencies coincides with an… Read More »

May 18-22, 2020. Will we bomb the economy or not?


Next week there will be several speeches by Fed Chairman Jerome Powell, to which the FOMC protocols will be added. It is likely that the positive mood of the head of the Fed may help strengthen the US dollar. In this case, the rest of the currency is waiting for a downtrend. Trends in Asian… Read More »