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FX.co ★ Daily Forex Analytics. COVID-19

If you want to achieve success in trading, you definitely need high-quality analytics. Unfortunately, experience has proven that not every trader is able to analyze the market situation. The Forex Analysis section contains reviews of experts who research various financial events and have a wealth of experience in Forex trading. Analytical reviews and forecasts are published on a daily basis so that you do not trade blindfolded but have a significant layer of information at hand.
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COVID-19

Technical analysis of EURUSD

EURUSD today reached and surpassed our first target of 1.2130. Price continued higher towards 1.2175 but at the end of the day price is near its lows. Short-term trend remains...
iconRelevance until2020-12-05
Analytical expert:
2020-12-03T16:25:02

Gold price halts advance right below major resistance

Gold bulls have enjoyed a big relief bounce from $1,763 low to $1,843. My bounce expectations where not that optimistic, but the market knows better. Gold price has reached just...
iconRelevance until2020-12-05
Analytical expert:
2020-12-03T16:17:59

Stock markets in Asia traded in green zone while Europe faced losses

The stock markets in the Asia-Pacific region are in a very positive mood on Thursday. The major stock indexes are growing following positive news about the coronavirus vaccine. More precisely...
iconRelevance until2020-12-04
Analytical expert:
2020-12-03T12:53:52

American stock markets closed mixed in anticipation of vaccine and state support package

The S&P 500 and Dow Jones Industrial Average closed Wednesday's session slightly higher amid hopes for talks on new measures to stimulate the US economy. In the first hours after...
iconRelevance until2020-12-04
Analytical expert:
2020-12-03T10:43:42

US economy may stop growing by the end of this year

In an interview with CNBC, head of Dallas Fed, Robert Kaplan, said the growth of the US economy could stop either by the end of this year...
iconRelevance until2020-12-04
Analytical expert:
2020-12-03T10:40:27

Technical analysis of USD/JPY for December 03, 2020

USD/JPY : The 104.22 pair is representing psychological level on the H1 chart. Also, the level of 104.22 represents a daily pivot point for that it is acting as major...
iconRelevance until2020-12-04
Analytical expert:
2020-12-03T10:04:08

Analysis and forecast for GBP/USD on December 3, 2020

The situation with COVID-19 is still far from stable, especially in the United States, where the increase in the daily number of people infected with coronavirus is still very high...
iconRelevance until2020-12-03
2020-12-03T09:53:29

Technical analysis of EUR/USD for December 03, 2020

The EUR/USD pair gained strong upside momentum and managed to settle above the support at 1.2053. The EUR/USD pair is moving so fast that's it's high time to take...
iconRelevance until2020-12-04
Analytical expert:
2020-12-03T09:46:30

Analysis and forecast for EUR/USD on December 3, 2020

Well, the assumptions made earlier about the subsequent growth of the main currency pair were fully justified. The main target for euro bulls was to be the price area...
iconRelevance until2020-12-03
2020-12-03T09:35:05

Trading plan for the EUR/USD pair on December 3. COVID-19 is on the rise again, but a vaccine will be available soon. The euro remains trading in an upward trend.

COVID-19 is on the rise again, indicated by the growth of infections to 635,000 (a day), so close to the recorded peak which is 660,000. The United States has observed...
iconRelevance until2020-12-04
Analytical expert:
2020-12-03T08:52:07