Market Outlook

Market Outlook | Daily Forex Technical Analysis & Forecast | ZFX
ZFX: Failing to calm coronavirus fears, cash out!
Review:   On Monday (March 16), the financial market was still panic. Global stock markets have dropped sharply like disaster. The Dow plunged near 3000 points, the biggest drop since 1987. Even though the Federal Reserve announced another emergency rate cut to zero, together with the $700 billion quantitative easing (QE), the three major Wall Street indexes plunged over 10%, triggering the fourth market halt in history. The S&P 500 index fell by about 12%. The Dow fell 2997
17-03-2020 04:51
Market Outlook | Daily Forex Technical Analysis & Forecast | ZFX
ZFX: Emergency! Financial market keeps making history
Review:   Last Friday (March 13), US President Trump declared a state of emergency to respond to the coronavirus pandemic. The US government will prepare $50 billion fund to deal with the epidemic. He also said that 500,000 sets of virus detection reagents will be launched that inspiring the whole market sentiment. The three major Wall Street indexes closed near the day high, all rose more than 9%,the best daily performance since the financial crisis in 2008.   After the
16-03-2020 04:30
Market Outlook | Daily Forex Technical Analysis & Forecast | ZFX
ZFX: Market crash again and again, Black Friday fear?
Review:   On Thursday (March 12), the financial market continued to collapse, the global stock market dropped sharply again and the three major Wall Street indexes all fell by nearly 10%. During the period, the market halt was triggered again and trading is suspended for 15 minutes. The Dow eventually fell 9.99% and fell more than 2350 points, the worst day since the stock market crash in 1987.     The new coronavirus pneumonia epidemic continues. Investor
13-03-2020 04:51
Market Outlook | Daily Forex Technical Analysis & Forecast | ZFX
ZFX: Wall Street technically bearish? Market conditions still disturbing
Review:   On Wednesday (March 11), the market remained uncertain, the three major Wall Street indexes plunged sharply, which the Dow fell by 5.86%, more than 1,400 points, erased all Tuesday's gains. The WHO officially announced the new coronavirus (COVID-19) as a "global pandemic", once again hit the market sentiment. Also, there has no further details about the Trump’s policies, triggering market disturbing.     ZFX analyst Jacob Leung said, it is generally
12-03-2020 04:31
Market Outlook | Daily Forex Technical Analysis & Forecast | ZFX
ZFX: financial market keep volatile, fluctuations are expected
Review:   Tuesday (March 10) financial markets are still in a sensitive state. After another "Black Monday", investors are paying close attention to the news of the OPEC and Trump's policies. The trend of various markets such as gold and forex still very uncertain. So far investors were not sure about the details of Trump's policies, but it was reported that Trump might lower income tax rate to 0%, which caused strong buying in the market. The three major Wall Street indexes
11-03-2020 04:58
Market Outlook | Daily Forex Technical Analysis & Forecast | ZFX
ZFX: No. 3 black swan? oil prices biggest drop since 1991
Review:   On Monday (March 9), investors witnessed history again. Due to the breakdown of production reduction agreement negotiations between OPEC and Russia, Saudi Arabia announced an extreme move over the weekend. Oil prices continued to drop sharply following the decline of last Friday. It was once more than 30% after opening, which was the biggest drop since 1991.   The global financial market was extremely panic, and stock markets around the world were in a bleak
10-03-2020 07:12
Market Outlook | Daily Forex Technical Analysis & Forecast | ZFX
ZFX: Asian Gold Review – Model Returns, Gold price fights Back
Trend Review : Gold prices as a whole remained in the range on Wednesday (February 12), with gains and losses on the day, fluctuating between US$8 and US$, but were clearly countering risk appetite in financial markets. Gold edged down to around $1,567.5 on Wednesday and saw downward pressure in early trading until the european market's early decline was more pronounced, falling as low as $1,561.8. However, this level once again has buy support, gold prices quickly rebounded, back to the
13-02-2020 09:55
Market Outlook | Daily Forex Technical Analysis & Forecast | ZFX
ZFX: Risk appetite gradually return to the U.S. stock market
Strategy Review: Financial markets moved from cautious on Wednesday (February 12) as signs of a pneumonia outbreak or slowdown in mainland China weakened, and Federal Reserve Chairman Colin Powell reiterated confidence in the U.S. economic outlook, further releasing optimism, with money continuing to flow into the stock market, with the Dow, The S and P and Nasdaq index all-time highs, with the Dow "chasing back" by more than 270 points.   Jacob Leung, an analyst at ZFX, said the pattern
13-02-2020 09:48
Market Outlook | Daily Forex Technical Analysis & Forecast | ZFX
ZFX: Euro Session Gold Review – Wandering Between Bitter and Sweet, Gold Price Ranging
Trend review : Tuesday (February 11) gold price fluctuations, the trend of waves, the main due to the mixed long-short factors, the formation of a good light contention. Gold prices opened slightly lower at $1,571.6 on Tuesday, to take on Monday's lack lustre, early on has seen downward pressure, fell through the $1570 level, although the Asian market occasionally counter-attack, but still subject to this pass, the situation remained until the European market session. Entering the U.S., gold
12-02-2020 09:18
Market Outlook | Daily Forex Technical Analysis & Forecast | ZFX
ZFX: Outbreak Fears Cool, Markets Remain Wary
Strategy Review: The mood in financial markets improved further on Tuesday (February 11) but failed to last, mainly due to caution among investors. Risk appetite continued to flow into the stock market, with the S&P and Nasdaq hitting record highs for two consecutive trading day, but the Dow rose and then fell, a relatively weak trend.   Chinese experts now expect the pneumonia outbreak to peak in February and end in April, while the WHO vaccine could be completed within 18 months.
12-02-2020 09:00