Autochartist Market Reports
Many traders start trading with an idea that sitting at the computer all day ensures that they do not miss any trading opportunity and thus increase their chances for success. However, they will soon realize that this style of trading is mentally challenging and it results . . .
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Coronavirus and Markets - Impact on stock indices
Stock exchanges are experiencing one of the worst periods in history. NASDAQ fell more than 30% since the last peak, the SP 500 fell by 35%, the British FTSE 37% and the DAX lost even 42%. Amazing is not only the depth of the plunge, but also its speed, because these losses . . .
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Coronavirus and markets in a week from 17/3 – 23/3/2020
Coronavirus continued to have a strong negative effect on the markets last week. The winner in current situation is the US dollar, which investors consider as a strong reserve currency. The dollar index approached the value of 103, where it last moved in December 2016 . . .
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Czech crown in the era of coronavirus
Like all other currency pairs with the US dollar, so the Czech crown is experiencing hot moments and sharply weakened last week as it reached 26.10 crowns for the US dollar, where it last traded in January 2016. Against the euro, the crown got above 27 CZK.
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Brexit in the week from 30/3 – 5/4/2020
What is currently moving the markets is not Brexit, but the coronavirus. The Brexit negotiators are quarantined, so the Brexit negotiations are stopped. By the end of June, the parameters of the trade agreement must be clear, but this is not in sight yet. The risk of Brexit . . .
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Markets in Turmoil - is this a potential for profit?
The beginning of 2020 has left a big scar on financial markets. The prices are currently on the same levels where we have seen them in 2008 and crude oil got to its lowest historical minimum since the Gulf wars in 1991. It’s obvious who to blame in this case, it&rsquo . . .
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Brexit in a week from 9/3 – 15/3/2020
The British pound experienced a free fall last week and dropped by an incredible 800 pips. The blend of uncertainty about negotiating a trade agreement with the EU and the growing coronavirus pandemic was too much for the GBPUSD. At the same time, the Bank of England . . .
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Interview with Marco Martire
Ambassador of Italian culture in our Purple family, intraday trading enthusiast and Italian sales representative, that's how you could describe Marco Martire in few words. Or you can read this brief interview and find out about his passion for financial markets and his . . .
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Brexit in a week from 2/3 – 8/3/2020
The first week of negotiations on a trade deal between the EU and the UK showed significant divergences and confirmed that further negotiations will not be easy at all.  Yet, the GBPUSD strengthened strongly to 1.3050 last week and is currently testing the closest . . .
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Brexit in a week from 24/2 - 1/3/2020
The GBPUSD price tested the key support last week and it continues to move below the moving average with a period of 100 days. Negotiations between the EU and Britain on a trade agreement will begin this week. Will these negotiations cause a further weakening of the pound?
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