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Covid will continue to hit economies

News of the day, Thursday, April 14

Stock markets of Europe made gains today as investors are in wait for the soon ECB meeting which can result in monetary policy tightening. The Euro STOXX 600 gained 0.1%, where French shares were up 0.4% and German stocks increased by 0.2%. 

Dow …

Gold analysis

Gold prices stabilized near the resistance 1977.0, which it reached yesterday, after confirming the end of the old downward path. The main objective remains to reach the level of 1996.00.

The moving averages support the price to rise, but we notice that the price is trying to decline below the …

GBP/USD currency pair analysis

The GBP/USD pair rebounded with a strong upward movement yesterday after it failed to break the 1.3000 support level, to start an upward corrective path to the 1.3180 level.

The price’s deviation from the moving averages constitutes a factor of instability, and this coincides with the arrival of the stochastic …

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