Published on: 08/14/19 8:37 AM
Category: Newsletter
The Italians steal Brexit’s spotlight.
Euro seams vulnerable as Italian political risk mounts.
The Greenback and Swissy may rise against the Euro as Italian politics steal the spotlight as the biggest political risk in Europe next to Brexit.
It’s time for recession fears.
Fears of recession arise as the trade war doesn’t seem to be cooling.
U.S. stocks opened lower, dragged down by financial stocks, as investors shunned risky bets on trade war fears.
Goldman Sachs buys Bitcoin.
Goldman Sachs sets price target for Bitcoin of $13,971.
Goldman Sachs gave a bullish forecast for Bitcoin price, suggesting a short-term target of 13,971 dollars.
GBP/USD
GBP/USD has gained 0.4% in the last session.
The Sterling-Dollar pair has performed a minor correction, gaining 0.4% in the last session. The ROC enters the negative area.
USD/JPY
USD/JPY has shown slight losses in the last three sessions, falling 0.3% in the last session.
The Dollar-Yen pair has shown slight losses in the last three sessions, falling 0.3% in the last session. Stochastic is giving a positive signal.
Gold
XAU/USD has bounced upwards in the last session, gaining 1.1%.
The price of gold has bounced upwards in the last session, gaining 1.1%. The ADX enters the positive area.
Apple
Apple has fallen 0.2% in the last session.
Apple’s stock has fallen in the last two sessions, losing 0.2% in the last session. Stochastic currently dwells in the negative zone.
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