Ray and Malong: The Future is Now!

In this video, Ray and Malong will discuss 3 interesting topics:

Should you buy an electric car? 

The influence of #US and #China #trade war

The analysis of #GBPUSD #EURUSD #XAUUSD #USDJPY

 

Information of this article contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. CPT Markets does not accept any liability whatsoever for any loss arising from any use of this article or its contents. This article is not construed as an offer to sell or solicitation of any offer to buy any of the currencies referred to in this article.

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Editors’ Picks

EUR/USD consolidating gains ahead of all-important ECB decision

EUR/USD is trading above 1.12 but off the two-month high of 1.1257. Tension is mounting ahead of the ECB decision, where Lagarde is set to announce additional QE, potentially worth €500 billion. 

EUR/USD News

GBP/USD pressured below 1.2550 amid Brexit concerns

GBP/USD is trading below 1.2550, off the highs. The BOE is ramping up preparations for a no-trade-deal Brexit amid deadlocked talks. The market mood is balanced as US protests have calmed.

GBP/USD News

USD/JPY: Bullish bias intact while above 21-HMA in potential rising channel

USD/JPY's bullish bias likely remains intact so long as the spot holds above the upward sloping 21-Hourly Simple Moving Average (HMA) support, now at 108.83. The focus now shifts towards Thursday’s US Jobless Claims for the next direction. 

USD/JPY News

Editors’ Picks

EUR/USD consolidating gains ahead of all-important ECB decision

EUR/USD is trading above 1.12 but off the two-month high of 1.1257. Tension is mounting ahead of the ECB decision, where Lagarde is set to announce additional QE, potentially worth €500 billion. 

EUR/USD News

GBP/USD pressured below 1.2550 amid Brexit concerns

GBP/USD is trading below 1.2550, off the highs. The BOE is ramping up preparations for a no-trade-deal Brexit amid deadlocked talks. The market mood is balanced as US protests have calmed.

GBP/USD News

USD/JPY: Bullish bias intact while above 21-HMA in potential rising channel

USD/JPY's bullish bias likely remains intact so long as the spot holds above the upward sloping 21-Hourly Simple Moving Average (HMA) support, now at 108.83. The focus now shifts towards Thursday’s US Jobless Claims for the next direction. 

USD/JPY News

Riots could assist US recovery by ending the economic paralysis

The US economy may be headed for a V-shaped recovery aided ironically enough by the demonstrations that have made nonsense of the continued social and business restrictions and the riots whose damage will require massive spending to repair.

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Gold: Bounces back above $1,700 to keep buyers hopeful

Gold prices recover from immediate support line, 50-day SMA. The yellow metal’s failure to close below 50-day SMA, not to forget a six-week-old ascending support line keeps the buyers hopeful. Risk reset, cautious mood ahead of the ECB also favors the buyers.

Gold News

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