fbpx
Register Member Login Contact Us

Market Analysis

October 1, 2020

01-Oct-2020

1) EUR/USD: Recovery Lacks Bullish Conviction, Eurozone/US PMI Eyed For Fresh Impetus
2) AUD/USD: Rekindles Positive Sentiment; Confronts Heavy Upside Obstacle
3) GBP/USD: Bulls Might Now Aim For A Move Beyond 1.3000 Mark
September 30, 2020

30-Sep-2020

1) Dollar Remains On The Back Foot Ahead Of Trump/Biden's U.S. Presidential Debate
2) XAU/USD: Gold Downed By US Dollar Comeback After Presidential Election Debate
3) GBP/USD: The Recent Recovery Might Have Already Started Losing Steam
4) EUR/USD: Bulls Remain At The Mercy Of USD Price Dynamics
September 29, 2020

29-Sep-2020

1) Dollar Falls Broadly As Rebound In Global Stocks Boosts Risk Sentiment
2) EUR/USD: Steadies Below 1.1700 Mark, Trump-Biden Debate Awaited
3) GBP/USD: Not Out Of The Woods Yet, Focus Remains On Brexit Talks
September 28, 2020

28-Sep-2020

1) EUR/USD: Bears Are Taking A Breather After Last Week's 1.8% Drop
2) GBP/USD: Short-Covering Kicks In Ahead Of Brexit Talks On Tuesday
3) Gold Technical Analysis: Fades From Restrictive Line To 100-Day SMA
September 25, 2020

25-Sep-2020

1) Positive Headlines Around A US Stimulus Deal And Vaccine News May Support Risk
2) EUR/USD: A Modest USD Pullback Helped Ease Bearish Pressure, For The Time Being
3) GBP/USD: Bears Await A Sustained Break Below 200-DMA, 38.2% Fibo. Level
September 24, 2020

24-Sep-2020

1) Dollar Rises On Safe-Haven Buying Due To Weakness In U.S. Equities
2) XAU/USD: Bears Eye A Daily Close Below 100-DMA Amid Dollar’s Upsurge
3) EUR/USD: Remains Vulnerable To Slide Further Amid Fading Hopes Of Global Recovery
September 23, 2020

23-Sep-2020

1) Dollar Rises On Safe-Haven Buying, Sterling Tumbles On New Coroanvirus Restrictions
2) GBP/USD: Break Below 200-DMA Paves The Way For Further Near-Term Weakness
3) EUR/USD: Remains Vulnerable Near Two-Month Lows Ahead Of Eurozone/US PMIs
4) Gold Price: Dollar Offers No Reprieve To XAU/USD, The $1863 August Low Eyed
September 22, 2020

22-Sep-2020

1) Dollar Rises On Safe-Haven Buying Due To Selloff In Global Equities Over Coronavirus Pandemic
2) AUD Tumbles As COVID Infections Rates Soar And US Political Uncertainty Grows
3) EUR/USD: Bears Now Eyeing A Sustained Break Below 1.1700 Mark
4) Gold Price: A Dead Cat Bounce For XAU/USD Ahead Of Powell?
September 21, 2020

21-Sep-2020

1) US Dollar Falls As US Political Tensions Rise After Ginsburg Death
2) EUR/USD: Further Consolidation Looks Likely Ahead Of Fed Speakers
3) XAU/USD: Gold Cheers Coronavirus Curbs, Tepid US Dollar Ahead Of Powell
4) GBP/USD: Sustained Break Below 1.2900 Mark Will Set The Stage For Further Weakness

LEGAL: This website is operated by Promax which is the trading name of Promax LLC incorporated under the laws of Saint Vincent and the Grenadines with company number 156 LLC 2019 having its registered office at First Floor, First St. Vincent Bank Ltd. Building, James Street, Kingstown, VC0100, St. Vincent and Grenadines. The Company is authorized as a Limited Liability Company under the Limited Liability Companies Act, Chapter 151 of the Revised Laws of Saint Vincent and Grenadines, 2009.

Risk Warning: Forex and CFDs are leveraged products and involve a high level of risk. It is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved. Seek independent advice if necessary. By accessing this website you agree to be bound by the below pertaining to both this website and any material on it. Promax reserves the right to change these terms at any time without notice to you. You are therefore responsible for regularly reviewing these terms and conditions. Continued use of this website following any such changes shall constitute your acceptance of.

Restricted Regions: Promax does not offer its services to residents of certain jurisdictions such as USA, Japan, Iran, Cuba, Sudan, Syria and North Korea.

Copyright © 2021 Promax. All Rights Reserved.