By Dmitriy Gurkovskiy, Chief Analyst at RoboMarkets On Monday morning, the British Pound stopped its significant decline against the USD, but it’s still pretty far from reaching stability. The British currency will remain under serious pressure until the country’s Parliament votes on the Brexit agreement with the European Union. We remind you that the voting […]
Ripple (XRP) is trading around $0.3030 on Friday, without any major changes, reports Dmitriy Gurkovskiy, Chief Analyst at RoboForex. The price tested the midterm descending channel resistance, and now is finishing its short term sideways correction. The XRP is trying to break out the local support, which would allow the price to go down to […]
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By Dmitriy Gurkovskiy, Chief Analyst at RoboMarkets There are a lot of factors weighing on the US dollar as of late. EURUSD skyrocketed towards the highs it reached on November 20th, as the currency market was overwhelmed by another wave of “escaping-from-the American-currency” investors. It wouldn’t be right to say that there was one particular […]
By Dmitriy Gurkovskiy, Chief Analyst at RoboMarkets In early November, we commented on GM, arguing that the stock may reach $40. Not much time has passed, and yet many key events occurred, which increased the volatility in General Motors’ stock. Currently, any major rise is unlikely, as Donald Trump is now taking part in this. […]
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By Dmitriy Gurkovskiy, Chief Analyst at RoboMarkets The hardest times are ahead of the British Pound. On December 11th, there will be a vote in the British Houses of Parliament on the Brexit agreement with the European Union and the results will directly influence the entire exit strategy – i.e., “hard” or “soft”. The “soft” […]
By Dmitriy Gurkovskiy, Chief Analyst at RoboMarkets With the market being a bit overheated, it needs a good correction, after which prices will become attractive for investors, who are taking profits on good company reports. The news overall is still positive, and in this situation, only inexperienced traders are ready to buy securities at maximum […]
By Dmitriy Gurkovskiy, Chief Analyst at RoboMarkets Last Friday, crude oil tested this year’s lows. On Monday, November 26th, there is a technical rebound underway in the commodity market, but it barely changes the global picture in terms of oil trading. Right now, the bears are obviously much stronger than the bulls. The second sale […]
About a month ago, we analyzed the financial sector where individual banks were considered for investment. This time, we are back to this sector again, since in the current conditions it cannot be ignored. This time, however, we are going to analyze ETFs that include financial sector papers. When analyzing the S&P 500, there are […]
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By Dmitriy Gurkovskiy, Chief Analyst at RoboForex After being sold for about a month and a half, the oil price is being slightly corrected. It’s still too early to say that it has completely recovered, but little by little investors are starting to pick up the oversold asset. On one hand, these long positions, apart […]