This week, the statistics receive all the attention. It will be abundant but investors will not necessarily react to every publication.
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The world keeps fighting the coronavirus, but the victories are rather feeble. The new week of April and the beginning of May (oh my, it is May already!) will be the times of Central Banks and their attempts to soothe the business and economies.
Well, here we have yet another week of April; this month has become a mock vacation for the majority of citizens, a disaster for a large number of businesses, a revelation of a row of economic problems. Not much has changed since last week. However, there is good news: outside is spring, and summer is coming. Judging by the Chinese experience, the quarantine will come to its end someday, and life will get back to normal.
People stay self-isolated all over the world while economies receive more and more support from Central banks and financial authorities. At the same time, the commodity market remains turbulent, and the currency market is getting agitated.
To enhance their popularity and attract new clients, many broker companies offer various bonus programs. Bonuses are meant for receiving additional finances or making your trading conditions better. In this review, we will discuss several interesting bonus programs provided by the RoboForex broker company.
The world remains on quarantine due to the coronavirus pandemics, the oil is getting cheaper, and capital markets get scared of every shadow. The beginning of April will show how ready investors are for a reversal and whether they are ready at all.
This March is risking to become a legendary month for capital markets — all movements and trends are defined by the only driver: coronavirus. This week is becoming no exception, and investors will again be looking not at the statistics but at the states' actions against the virus.
Andrew's Pitchfork is an instrument of graphic analysis based on the middle trendline and an equidistant channel. Unfortunately, this method of trading and analysis is not very popular among traders; however, it seems to be perfect for drawing a channel quickly and trading bounces off and breakouts of its borders.
Today I would like to suggest considering a trading idea to sell EUR/USD and Apple (NASDAQ: AAPL) stocks.
The beginning of March is quite a lively time for investors - as always, in fact. We are expecting the meeting of OPEC where important decisions are to be made, talks inside Brexit, and lots of statistics. Enjoy.